Visa is launching a platform for banks to issue fiat-backed tokens such as stablecoins and tokenised deposits.
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PayPal launched a US dollar-linked stablecoin on Monday in a bid to boost the adoption of digital currencies.
FNB has expanded its partnership to allow access to the US internet payments platform via more of the bank’s digital channels.
As funding for start-ups falls across the globe, Africa is standing out as a notable exception.
South African Roelof Botha, 48, will become the senior steward of the storied firm, according to a Twitter message from current chief Doug Leone.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.
PayPal is not pursuing an acquisition of Pinterest at this time, the payments company said, responding to media reports.
PayPal has made an offer to buy digital pinboard site Pinterest for $45-billion, people familiar with the matter said on Wednesday.
Adobe will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying.
PayPal Holdings will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.