CUMIS

Finextra | March 05, 2020

The US dollar's position as the unrivalled global currency means it has the most at stake should central banks begin to issue their own digital currencies, according to ING economist Carlos Cocuzzo. "If there's anybody that stands to lose in this game, it's really the US," Cocuzzo has said at Blockchain Week 2020 in London. 90% of the world's foreign exchange turnover runs on dollars, meaning it pervades into the economies of almost every country. This is in light of Fe...

Watchdog Capital | July 23, 2020

Watchdog Capital announces a new securities offering platform. Watchdog Capital is focused on the intersection of digital securities and traditional assets. The firm recognizes the potential of distributed ledger technologies, Bitcoin, and related blockchain applications to modernize and improve the global securities market. Watchdog Capital is a U.S. Securities and Exchange Commission registered broker-dealer and a member of FINRA (Financial Industry Regulatory Authority, Inc). The aim o...

Payments

Nium | April 07, 2022

Today at BITCOIN 2022, Nium, the global platform for modern money movement, unveiled Crypto Accept, an API-based solution that enables global businesses to accept crypto payments. Nium Crypto Accept supports Bitcoin (BTC) and Ethereum (ETH) payments at launch, with plans for more currencies in 2023. Online merchants can accept payments in crypto with zero price volatility or risk. Settlement happens next business day in USD or another leading fiat currency - directly to their bank account....

Payments, Fintech

Marqeta | January 31, 2023

On January 30, 2023, Marqeta, the world's leading modern card issuing platform, announced that it reached an agreement to acquire Power Finance, Inc. ('Power'), a provider of software for managing credit card programs. The transaction is anticipated to close in the first quarter of 2023, subject to the fulfillment of customary closing conditions. Simon Khalaf, the newly-appointed CEO at Marqeta, expressed, "We're thrilled to welcome the Power team and produc...