Ripple Adds Former US Treasurer to Board; Sotheby’s clears crypto at Bansky auction

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Ripple made two high-level appointments, adding executives with banking and government experience.

Rosa Gumataotao Rios, the 43rd Treasurer of the United States, to Join Ripple Board of Directors; while Kristina Campbell, the former CFO of PayNearMe who also held several positions at GreenDot, will be Ripple’s CFO.

Rios has overseen all currency and coin production within the US Treasury, and she also has experience in urban revitalization and real estate finance. Campbell was responsible for the expansion of PayNearMe and was the Managing Director of GoBank at GreenDot.

The blockchain company made the appointments because it works to take advantage of the expansion of cryptocurrency. He also faces a legal battle with the Security and Trade Commission on the regulatory status of the XRP token.

Crypto is in the air

Sotheby’s will accept Bitcoin and Ether for an upcoming auction, apparently the first time a major auction house has accepted cryptocurrency for a physical work of art.

Banksy “Love is in the airThis is the work, says CNBC of the anonymous British street artist, who works under a pseudonym. The auction is expected to reach between $ 3 million and $ 5 million.

Crypto is more prevalent in digital art. Non-fungible tokens, or NFT, are a derivative of the cryptocurrency that has become a source of funding for artists and other content creators.

Payment counting

Paya partners with AccountingSuite to provide a link between transactions and accounting systems, as well as easier navigation to invoicing, payment management and reports for card processing and automated clearinghouse.

Integrations between payments and back-office processes are key to automating business-to-business transactions, which increasingly move online during the pandemic after years of stagnation.

Formerly called Wise payment, Paya changed its name in 2018 as part of a multi-year initiative to further expand into payment technology, merchant and business services.

Traveling to Canada

Travel booking and payment company Deem has entered into a collaboration agreement with travel management company Worldgo, Deem’s first foray into the travel market in Canada.

Worldgo will integrate with Deem’s software product, Etta, which places most of the travel-related functions in a single mobile experience.

Travel has been drastically curtailed over the past year, but there are signs of a recovery, along with pent-up demand, drawing technology companies with products that improve booking and payment.

On the Web

Twitter buys Scroll to power its next subscription service
ENGADGET | Tuesday, May 4, 2021
Twitter’s plans for a subscription service are slowly coming to fruition. Now he has acquired Scroll, a startup that partners with publishers to allow readers to view their content ad-free.

Few People Raise $ 1.6 Million to Help Publishers Accept Payments for Individual Articles, Videos, and Podcasts
TECHCRUNCH | Tuesday, May 4, 2021
Many publishers focus on converting visitors to subscribers, but there is another important medium – people who want to view a premium article or video, but not enough to sign up for a subscription. Fewcents, a Singapore-based fintech startup that allows publishers to take “micropayments” for individual pieces of content, today announced it has raised $ 1.6 million in seed funding.

Spanish delivery startup Glovo hit by cyberattack
REUTERS | Tuesday, May 4, 2021
A hacker broke into the systems of Spanish fast-delivery start-up Glovo last week, he said on Tuesday, without specifying what information could have been seen.

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Banks want to play a bigger role in point-of-sale lending
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Best fintechs to work for
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