Blockchain and Bitcoin round-up: 15 November 2017

It's blockchain story time!

Following on from yesterday’s (14 November) news, here’s our latest blockchain and Bitcoin round-up. Featuring Trustology, Accenture, Monetary Authority of Singapore, Association of Banks in Singapore, Square and London Block Exchange. Another day, another new firm. Trustology has emerged from stealth and revealed it is building a peer-to-peer network of smart contract compute services. Trusted […]

Visa Direct expands to Europe


Visa has unveiled its European debut of Visa Direct, its real-time payments platform that allows for person-to-person (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.

Square wants to be a bank, sort of


US mobile point-of-sale firm Square is applying for an Industrial Loan Company (ILC) charter to support the expansion of its lending business, the volume of which grew 68% year-over-year in Q2 to $318 million.

The Monday mindset: 4 September 2017

Here comes the money wave!

Fintech zeitgeist! This week Loraine DeBonis, editor-in-chief of Banking Technology’s sister site Paybefore, muses on all the money changing hands in the payments industry.

Square launches Virtual Terminal service in UK


About two months after launching in the UK, Square has introduced its Virtual Terminal service there. The technology enables merchants to accept payments through the Square dashboard, an appealing prospect for online service providers, contractors and other smaller firms that do relatively few face-to-face transactions.

Square Cash gets physical with companion prepaid card


Square Inc has begun rolling out a physical plastic card for use with the company’s Square Cash P2P money transfer service – a move that could help differentiate the service from its competitors by making it easier for users to instantly spend funds they receive via transfer.

Square launches in UK


San Francisco-based payments specialist Square has landed in the UK. This is the fifth market for Square, following the US, Canada, Australia and Japan.

Visa Direct expands real-time payments in US

Visa Europe and Visa Inc are one company again

Visa says more banks and companies in the US have chosen Visa Direct to expand their real-time payment services, including PayPal, Fiserv and Square. Visa Direct is a payments platform designed to allow financial institutions, developers and partners to offer real-time person-to-person (P2P) payments and business disbursements such as insurance claims payments, contractor payments, tax […]

Square comes around to Australia

Jack Dorsey, CEO of Square

US-based Square’s payment processing and hardware is now available in Australia. Operating internationally since 2012, Australia marks the fourth market for Square, joining the United States, Canada and Japan. Square says its chip card reader is the “smallest” payment card reader on the Australian market. Sellers can accept card payments via Visa, MasterCard and American […]