Visa’s Digital Currencies: Tokenized Asset Platform (VTAP) By: Grace Highum, Wellesley Hills Financial Visa (V: NYSE) recently announced their intention to launch a new Ethereum blockchain based business-to-business payment service which includes fiat currency backed tokens, such as US Dollars and Euros, next year. The Visa Tokenized Asset Platform (VTAP) will start with BBVA as the participating bank.…
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Another Successful MPC Digital Commerce Event in the Books! by Tom McCole Marla Ellerman, MPC’s founder and CEO, hosted her 10th annual fintech convocation in Atlanta this week. The MPC expo event provided world-class session speakers from Intel, PayPal, Goldenore, U.S. Bank, Pax, Finexio, JP Morgan, Truist Bank, Atlanta Federal Reserve, Discover, WorldPay, Nuvei, Wellesley…
Tap-2-Pay Backup Plan by Tom McCole With last week’s agonizing computer systems shutdown, it should be a wake up call to merchants and payment acceptors everywhere to reevaluate their backup payment methodology. As widely published, cloud-based systems around the world were totally inoperable for many airlines, banks, brokerage houses, retailers, hotels, restaurants, schools, hospitals and…
Wellesley Hills Financial Welcomes New Team Members Wellesley Hills Financial LLC is a cloud-based subscription software dedicated to banking assets in all three areas of fintech, payments, and B2B software. They began as a banking payments technology company in 2007 and have expanded their coverage areas to respond to market demand for small business and…
Making a Complex Payment Situation Simple for Your Customers By PaymentsJournal Organizations turn to fintechs for payment solutions that are as efficient and seamless as the transactions they facilitate. However, behind these smooth interfaces lies a labyrinth of challenges. Security concerns, regulatory compliance, and constant technological upgrades are just a few of the hurdles fintechs must…