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Gilded’s Cypto Payments Technology Implemented By CoinMarketCap

PYMNTS

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.

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CFOs: 20% of large enterprises to use digital currencies by 2024

Future CFO

CFOs must be aware of cases and risks of digital currencies as 20% of large organisations will use them by 2024, said Gartner recently. Gartner recommends that organisations first clarify specific use cases for digital currencies before evaluating appropriate IT stacks to incorporate them within the enterprise.

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Abra Goes Global, Leverages Crowdtesting

PYMNTS

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. Founded in 2014, Abra now supports more than 50 currencies to help users move money virtually anywhere. The goal is to have the process be as easy as sending a text message. “If

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Figure Technologies Raises $103M To Continue Blockchain-Based Lending

PYMNTS

Blockchain lending firm Figure Technologies announced that it has closed a $103 million series C funding round led by Morgan Creek Digital. One of our core investment theses is that every stock, bond, currency and commodity will eventually be digitized,” said Pompliano. MUFG Innovation Partners Co., and abroad.”.

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

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Top News In Payments: Digital Currency Faces Greenspan Backlash; Amazon Boosts Its Grocery Program; Goldman Denies Apple Card Discrimination

PYMNTS

China is making privacy allowances for digital currency , which faces a new foe in the U.S. Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies. 12) that central banks have no reason to issue digital currency. 12) that central banks have no reason to issue digital currency. Former U.S.

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How Technology Can Unlock Trust In Cross-Border Transactions

PYMNTS

The technology, he noted, is starting to get ahead of the problem and neutralize the pain points. “In Because of various fees and fluctuating currency values, knowing exactly how much a transaction will cost is an ever-recurring issue in global payments. The third bucket, he noted, is the transparency bucket, or cost.