The information you need to start your day, from PaymentsSource and around the Web:
The ticket
StubHub has added support for Apple Pay on the mobile web, adding another option beyond the ticket broker's iOS app and desktop web, which already support Apple Pay.
Apple Pay is also part of a broader move toward using mobile payments for sports
Crypto tip off
The NBA and the players union, the NBA Players Association, plan to offer digital collectables that will use a blockchain to support payments, gaming and other transactions.
Users will buy and trade video clips of in-game action that commemorate moments during a season, reports
Among NBA teams, the
Dashes to ashes
Amazon's early entry into the internet of things market, the Dash Button, will no longer function as of Aug. 31.
The adhesive,
Amazon's email to Dash Button users suggested alternatives such as virtual Dash Buttons, the mobile app, and simply ordering products as a subscription. The company
Finding Taxes
Albania will introduce an online invoicing network in January 2020 in an attempt to ensure businesses pay taxes, a common problem in the country.
The government has relied on a 2013 campaign to get businesses to use a receipt system to track tax payments, but many companies avoid the system, reports
By using a real-time online tracking system, Albania expects it can bring its business tax collection system in line with standards in the European Union.
Seeing ATMs
Caixabank is accelerating its facial recognition ATM strategy, adding the machines to a branch in Valencia, Spain.
The ATMs support transactions without a PIN, capturing the user's face and validating as many as 16,000 features. The ATMs are part of a new high-tech branch strategy for the bank, which is showcasing other digital financial services in the branch.
Weed stablecoin
Legal cannabis shops still face an array of payment options since laws vary from state to state and
Arizona's technology sandbox has accepted Alta, a fintech startup that is issuing a stablecoin designed to operate a payment network for cannabis businesses, reports
Businesses and consumers can purchase Alta's stablecoin, then use the coin to conduct transactions.
From the Web
Forbes | Fri August 2, 2019 - Bitcoin has surged back above $10,000 per bitcoin after a raft of positive news for the bitcoin price and cryptocurrency markets, somewhat putting to rest fears bitcoin bulls were about to wrest back control.
CoinDesk | Thu August 1, 2019 - Lightning-centric bitcoin wallets are gaining traction in 2019 and making small transactions affordable by reducing network fees. The bootstrapped Spanish startup Bluewallet garnered 35,000 downloads so far this year, according to co-founder Nuno Coelho, a significant jump from the 5,000 users it had in 2018.
Forbes | Thu August 1, 2019 - Colorado is one of the fastest-growing financial hubs in the United States. In fact, Metro Denver was recognized as one of the top 25 metro areas with the most financial jobs, representing 15% of the city’s job openings.
More from PaymentsSource
It’s not yet time to retire the notion that businesses favor checks for supply chains, but deployments in multiple markets point to a turning point in modernizing B2B payments.
The health care payments market is big – accounting for over one in six dollars of the U.S. GDP – yet it remains perpetually outdated with its heavy reliance on using paper statements for sending out bills.
There are some matters we should account for before fully making the jump to instantaneous payments.
The payments industry is on the move. As new regulations come into force a flow of new digitized payment technologies, business models and stakeholders are gaining serious traction in the market.
