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Companies
JPMorgan Chase Goes Blockchain: Embraces Programmable Payments for B2B Clients
JPMorgan Chase's Onyx unit has introduced programmable payments using cryptocurrency-style technology, aiming to attract business-to-business clients in the realm of payment automation. This feature, available for JPM Coin blockchain accounts, leverages smart contracts and distributed ledgers to automate payments under specific conditions...
Leaders
GoCardless Explores Mergers and Acquisitions to Bolster Market Dominance
GoCardless, a fintech company based in London with support from GV at Alphabet, is considering mergers and acquisitions as a strategic move to strengthen its position in the fiercely competitive online payments sector. CEO and co-founder Hiroki Takeuchi expressed the company's commitment to continuous growth, stating, "We’re constantly reviewing the market for opportunities that will accelerate our growth, add value to our core payment platform, or strengthen our open banking proposition."...
Features
Managing Difficulties and Regulatory Oversight with PayPal’s PYUSD Stablecoin
In August 2023, PayPal made its foray into the stablecoin market with PYUSD, but its debut faced a lackluster market reaction. Despite ongoing transparency concerns surrounding stablecoins, Tether continues to hold the position of the largest stablecoin...