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Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards.

The information you need to start your day, from PaymentsSource and around the Web. Today: A global blockchain remittance market is underway at Alipay; Former GoDaddy execs launch DLT payments firm; Fraud has a wide reach in Europe; Quebec utility sets aside space for cryptocurrency mining.

Gromit Unleashed 2 will be incorporating contactless donation points along the art trail to aid the Bristol Children’s Hospital — a project that is as much a necessity as it is an innovation in the U.K.'s aggressively contactless environment.

Every transaction is traceable on the blockchain — though only to the addresses that initiated it. Compare this to Fedwire Funds Service and ACH payments, which don’t have this transaction history available, writes Bob Rutherford is the CEO and founder of Hedge.

The Supreme Court is tossing a wrench into online payment processing at a time when tariffs are already threatening popular cross-border e-commerce and online marketplaces.

South Asian remittance firm InstaReM has launched its cross-border P2P and B2B digital money transfer service in the U.K. and the EU as it prepares for an IPO in 2021. It also expects to become profitable by then.

The legislation, authored by Rep. Keith Ellison, D-Minn., is aimed at helping lower-income consumers build their credit histories.

Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit.

The company's brokerage unit agreed to pay $5.1 million to settle claims that employees persuaded clients to sell certain investments before maturity in order to collect higher fees.

Credit unions and industry organizations across the state have banded together to aid consumers impacted by devastating flooding in Michigan's Upper Peninsula.