The firms are working to make this subset of cryptocurrency which is designed to avoid wild swings in valuation easier to adopt and more useful for everyday transactions by focusing on "last mile, or user experience layer," said Jeremy Allaire, CEO of Circle.
The money transmitter's $1.8 billion acquisition by Madison Dearborn Partners removes the need to appease investors on a quarterly basis, freeing up the company to invest in a long-term transformation of its technology.
/PRNewswire/ Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML).
/PRNewswire/ Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML).
The National Credit Union Administration has given its first guidance on handling Bitcoin and other digital assets in an effort to encourage credit unions to work with fintechs to offer new services.