archivepayments

Circle has followed its IPO by partnering with London financial infrastructure developer OpenPayd and Brazilian fintech Matera to support payments infrastructure for stablecoins and traditional currency.The unified Circle/OpenPayd platform is expected to enable OpenPayd's business clients to execute payments using Circle's USDC stablecoin, with conversions between fiat and stablecoins on both ends of the transaction.That conversion is a key element for stablecoin payments, which can act as a bridge between different currencies on both ends of an international transaction. The London-based OpenPayd  processes about $160 billion in payments annually.By adding...

Enterprise payments are being redefined as digital commerce grows and customer expectations rise. Beyond speed and convenience, the focus is now on resilience, adaptability, and smart infrastructure. Let’s explore the innovations driving this shift, the technologies behind them, and the strategies businesses need to stay competitive in today’s fintech landscape. Enterprise Payments: The Foundation of Modern Commerce Enterprise payments refer to systems, platforms, and processes that large organisations use to manage high-volume, high-value transactions. Unlike consumer-facing solutions, enterprise payment systems must operate with precision, security, and scale, often supporting multiple...

Michigan legislation proposes exempting seniors aged 70 and older from paying property taxes. LANSING, Mich. (WJRT) - Michigan senior citizens aged 70 and older could soon be exempt from paying property taxes under new legislation.Republican State Sen. Michele Hoitenga of Manton hopes the bill will allow senior citizens to remain in their homes as long as possible without struggling to pay their costly property tax bills every year."People across Northern Michigan are feeling the financial burden of high taxes -- especially our seniors, many of whom are on...

Instant payments often stop at national borders. That's an issue for banks and companies trying to do business around the world. As popular as real-time payments have become, the underlying protocols are mostly domestic and unable to work with each other.Circle, which is best known for issuing the USDC stablecoin, is trying to narrow this gap by launching the Circle Payments Network, which connects financial institutions, digital challenger banks, payment companies, and digital wallets to process payments instantly in different currencies and markets. Other firms tied to cryptocurrency, such as Ripple,...