credit cards – DIGIT INFO

Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

DIGIT — Fri, 07 Jun 2024 00:20:55 +0000

Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of Binance-branded credit cards. Binance Customer Support clarified that the current facilities allow the use of existing payment methods to buy […]

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Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’

DIGIT — Tue, 14 May 2024 17:38:08 +0000

Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.

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US Senator Says ‘So Much Appeals to Me About Bitcoin’

DIGIT — Thu, 11 Apr 2024 01:34:31 +0000

U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as a form of payment.” Senator Blackburn on Benefits of […]

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Robinhood buys credit card fintech X1 for $95M

DIGIT — Thu, 22 Jun 2023 21:30:11 +0000

In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms.

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Amex planning to use AI for ‘approving cards and lines of credit’

DIGIT — Mon, 29 May 2023 18:30:00 +0000

American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services.

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C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking

DIGIT — Fri, 14 Apr 2023 19:30:20 +0000

On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer […]

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PayPal and the credit card industry are taking advantage of consumers

DIGIT — Tue, 04 Apr 2023 19:34:59 +0000

Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees.

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Bit2Me and Mastercard launch debit card with crypto cashback

DIGIT — Fri, 10 Feb 2023 17:19:57 +0000

The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback.

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Credit cards can bridge Web2 to Web3, says music industry exec

DIGIT — Mon, 30 Jan 2023 13:47:39 +0000

As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical.

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Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO

DIGIT — Wed, 25 Jan 2023 02:49:50 +0000

Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since.

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