Articles by tag: Visa

Legacy Payment Companies Embrace Blockchain Solutions. Their Infrastructure is Still “Fundamentally Not Aligned” with Web3 Payments.

legacy payment companies blockchain solutions partnerships

Legacy payment companies are finally embracing blockchain solutions at scale, though still behind compared to the innovation that young fintech companies are bringing to the next generation of payment solutions. Regardless, this embrace is taking many shapes, and it’s still not a guarantee that they’re up to the task. In the last year, Visa…

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As Legacy Payment Companies Lag Behind in Blockchain Adoption, What Will Keep Them Competitive in Web3?

Legacy payment companies aren’t at the forefront of new blockchain solutions, and all things considered are still pretty late to blockchain adoption, getting out-innovated by smaller, more nimble FinTech companies. However, we’re finally starting to see more holistic movement on web3 from the biggest players in the space, with some like MoneyGram gaining industry-wide recognition…

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Visa Enters Digital Wallets, Crypto, and the Metaverse with Patent Applications

Visa made news recently with its applications for two United States patents related to digital wallets, non-fungible tokens and the metaverse. While it may come as a surprise to some, it is not uncommon for payment giants to file patent applications in these arenas. American Express has recently made a similar move. Emmanuel Daniel, author…

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Retail
Will Transaction Fees in Retail Payments Go Extinct?

The majority of the world’s 2.8 billion credit cards are issued by just four powerhouses, and within that, it’s really a fight among the top two: Visa and Mastercard. According to ShiftProcessing.com, over half the credit card market share belongs to Visa alone, considering it has 335 million cards in circulation. It’s no surprise…

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Construction of the HPC Data Center is Prime Destination for AI Progression
May 17, 2024

As digital infrastructure continues to evolve, the strategic development of data centers is crucial. A recent update from Applied Digital celebrates the progress of the company’s HPC Data Center in Ellendale, North Dakota, positioning it as a pivotal player in the advancement of AI technologies. Highlighted in this special video is the HPC Data…

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Nick Phillips of Applied Digital talks community engagement
Community Engagement is Key for Companies Aiming to Support and Impact Local Communities
May 17, 2024

Corporate responsibility is under the microscope but Applied Digital readily stands out for its positive impact on local communities. As part of the broader discussion on community engagement and economic development, there are several things companies can do to contribute to local prosperity. For a special episode for Applied Digital, Nick Phillips, EVP of…

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Ellendale HPC Datacenter
Ellendale HPC Datacenter
May 17, 2024

The shell of our groundbreaking Ellendale HPC Datacenter is nearly complete! With each panel and beam, we’re closer to launching a hub with unmatched AI capabilities, designed for high-density computing. Watch as we shape the future of AI infrastructure

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Sunstone Partners’ 2024 planning and strategy
Sunstone Partners Offsite 2024
May 17, 2024

Sunstone Partners’ 2024 planning and strategy meeting was held offsite in Calistoga, CA this year.  During the event the team bonded in fun activities like wine making and fantastic meals.  On the business side, there was reflection on the significant accomplishments of the team for the year, as well as focusing on upcoming goals…

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