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When Pain Points in Cross-Border Payment Brings Payment Changes, How Can Hypercard Lead the Trend

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5 years ago

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Throughout the evolving history of global cross-border payment, cross-border payment is rising with the continuous development of the international division of labor and international exchanges. In the early days, people use precious metals for cross-border payment and clearing, then followed by paper money, and today’s modern electronic transfer and clearing. Cross-border payment is developing gradually towards a  rapid, safe and economical trend as the entire international community is engaging in the activities more frequently and science and technology are changing and progressing.

The change of cross-border payment

According to the data, the total amount of global cross-border payment reached $125 trillion in 2018 and is expected to reach $218 trillion in 2022, promising huge profits.

In the existing transfer and remittance system, the transaction is slow and the cost is high with much margin for error; institutions have to coordinate the value transfer between different internal databases, which makes it extremely difficult to settle transactions quickly. This process not only slows down the transaction progress but also requires large working capital, which has a negative impact on the balance sheet of the institution.

As cryptoassets are gradually accepted by traditional finance, digital currency payment is also implementing and applying quickly. The competition around digital currency has just begun across the globe. In 2019, the emergence of Libra has triggered the catfish effect, and legal currency is discussed more enthusiastically all over the world. Countries have taken precautions and speeded up the research on sovereign digital currency. Even the European Central Bank, which did not seem interested before, recently began to discuss the necessity of developing a unified digital currency. According to a report released by the International Monetary Fund in July of the same year, nearly 70% of the world’s central banks are studying sovereign digital currency.

Some fear that Libra may become a strong currency once in circulation. It can be exchanged with the currencies of countries and erodes the fiat currency. If the weak countries make mistakes in regulation, hyperinflation or even de-monetization will likely happen. In the past, a typical example is Zimbabwe who abolished its local currency and was forced to use the US dollar and other currencies.

Traditional payment giants are  fostering digital currency payment

Bitcoin was born to destroy the existing monetary system, which many people think is too expensive and exclusive. Given this, it has a much broader value proposition than a deflationary policy and a hard cap of 21 million coins. The new application of blockchain technology also allows anyone to remit money to counterparties around the world in minutes at a low cost.

This function makes bitcoin directly target the existing payment platforms (such as credit card networks and inter-bank messaging systems). While some companies shrug off these concerns, others see the potential and are looking for ways to create value for partners and shareholders.

According to news on February 20, Visa, an international payment giant, has cooperated with 35 leading digital currency platforms or digital wallets.

These institutions are digital currency platforms licensed by the state or regulated by relevant departments, such as the digital payment platform WireX, the digital currency trading platform Coinbase and Fold, cryptoasset lending platform BlockFi, Austria encryption trading platform Bitpanda, Encrypted debit card platform Crypto.com, etc.

Industry insiders said that the cooperation between Visa and digital currency service providers enables consumers to exchange digital currency more quickly and easily. Users can also deposit this money into their Visa certificates in real-time.

When asked why Visa chose the cryptoasset payment, Visa’s executives clearly expressed their optimism about the payment method in his talks with Forbes: “we saw significant innovation in new financial services for consumers holding digital currency. One example is the growth in demand for digital money lending. We are delighted to work with fintech companies like Cred. The company develops new products in this ecosystem and finds new ways for Visa to improve the entrance of fiat currency associated with these products. “

At present, in addition to Visa, MasterCard, Paypal and other international payment tycoons are also fostering digital currency.

Recently, MasterCard stated that it has cooperated with the Central Bank of The Bahamas to launch the world’s first Bahamas prepaid card. The prepaid card allows people to immediately exchange digital currency into traditional Bahamas dollars and pay for goods and services anywhere MasterCard supports. PayPal also claimed to provide cryptocurrency services to the UK market in the coming months.

Cryptoasset service providers speed up the participation in payment

Not only the traditional payment giants are paying attention to cryptoassets payment, but also the asset service providers in the encryption industry are exploring the possibility of payment. HyperBC, a well-known encrypted asset service provider, has launched a comprehensive consumer card HyperCard. After being deposited with digital currency, the card is available in more than 176 countries and more than 50 million merchants worldwide.

As a global standard credit card, HyperCard supports the binding consumption with third-party payment companies by users

Every payment made by HyperCard is secure and consumer privacy is protected by law. HyperCard can transfer money beyond the geographical limit in a second at a low commission, yet with  24/7 service. It is traceable with clear information of all parties. No matter which city you are in, you can use it at all merchants accepting Visa, Master and UnionPay.

In fact, in addition to payment, the most intuitive appealing of digital currency credit cards is it makes encrypted assets purchasing easy and cash out of cryptoassets. In this context, digital currency payment is still a very new track, and the choice of such products is still limited. The main problems are as follows:

1. Only single-currency payment is supported, such as bitcoin

2. Only available in a small number of areas

3. Users have to buy cryptocurrency issued by the card providers before paying

4. Charge a certain percentage of the annual fee

HyperBC also takes this situation into consideration. It is convenient to apply for HyperCard.  The digital currency, deposited into HyperCard, can be exchanged into fiat currency in real-time, eliminating the tedious process and the trouble of cash payment, and significantly improving the user-friendliness of digital currency. HyperCard does not charge for KYC verification and only charges a very low commission for each deposit.

How to apply for HyperCard?

a Download the HyperPay App（https://www.hyperpay.tech/app_down） and register
b Apply for HyperCard

c Submit KYC documents and pass the certification

d HyperCard received

Conclusion

With the rapid development of digital currency and the increasing global acceptance of digital currency, the boundary between fiat currency and digital currency will become narrower. At the same time, digital currency credit card reduces the threshold for traditional users to access digital currency. The selective digital currency assets also avoid their risk in holding digital currency to a certain extent, Whether for investment, quick cash-out, or regular consumption, HyperCard, as a mature digital currency credit card, can enable cardholders to enjoy more convenient services.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Wallstreet-Billionaire.com AI-Powered Instant Feedback Trading App Reveals Why Retail Traders Lose

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21 minutes ago

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August 31, 2026

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ZURICH, Switzerland — Wallstreet-Billionaire.com is an AI trading simulator, designed to help traders become profitable, find their edge, avoid losing trades and focus on profitable patterns.

Routine, practice and know-how are essential in trading. WallStreet-Billionaire.com analyzed thousands of demo trades done with the instant feedback free demo trading tool revealing retail traders main weaknesses.

“Most retail traders fail because they try to force trading strategies that do not fit their personality or skills,” said a spokesperson for Wallstreet-Billionaire.com. “Trading is a highly competitive business and needs a lot of practice, routine and understanding of own intrinsic action patterns. Retail traders lack the routine and the knowledge of the own edge.». On WallStreet-Billionaire.com traders place dozens of trades in just minutes, get instant profit/loss results and get advice from an AI Coach. Additionally the trade replay videos help traders understand how they traded compared to the best possible way of trading this chart. The TradeVision AI can furthermore select real market underlyings where the chart match the traders profitable trade setups. Perfections needs practice.». 

  • Realistic Market Practice: Traders execute paper trades against 600.000 real charts  with instant profit and loss (P&L) feedback. The trade replay sheds light on the traders past actions and how to optimize the trades for higher profitability or avoidance of losses..
  • Trade Replay: The trade replay sheds light on the traders past actions and how to optimize the trades for higher profitability or avoidance of losses..
  • Personalized AI Trading Coach: An integrated AI mentor analyzes trade management, identifies costly mistakes, and suggestions for trade configurations.
  • Performance Analytics: Comprehensive statistics quantify the trader’s approach and extrapolate whether or not this trading style can be profitable over a longer period of time.
  • TradeVision AI: After completing 100 free simulated trades, the AI identifies the precise technical setups where the trader naturally excels and suggests matching charts in the real markets.

The trading simulator is 100% free to start and accessible immediately in any browser without requiring downloads or credit cards.

To test your skills and uncover your trading edge, visit https://wallstreet-billionaire.com.

About Wallstreet-Billionaire.com

Developed by inside finance GmbH in Switzerland, Wallstreet-Billionaire.com is an AI training platform for traders. By integrating realistic chart simulation, performance tracking, and AI-driven coaching, the platform empowers retail investors to discover their abilities, refine high-probability trading patterns, and find real market trades matching their profitable trade patterns.

Media Contact:

Press & Communications
inside finance GmbH / Wallstreet-Billionaire.com
Email: guenther@insidefinance.ch

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Press Release

Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)

Published

36 minutes ago

on

August 31, 2026

By

Dallas, United States, August 31st, 2026, FinanceWire

Disseminated on behalf of Lake Victoria Gold

As gold prices held near record levels through the first half of 2026, investor attention has increasingly turned to a key question in the mining sector: which developers are closest to transitioning from permitted deposits to producing mines. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) has cleared a sequence of milestones on its Imwelo project in Tanzania that position the company at that threshold. 

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

The Imwelo project holds Mining Licence ML 538/2015 and is fully permitted. A 23-hole, 1,136-metre sterilization drilling program completed in June confirmed that the plant and accommodation footprints are clear of mineralization. On June 29, 2026, the Tanzania Mining Commission approved a Tanzanian-led EPCM (Engineering, Procurement, and Construction Management) structure for the project, with City Engineering Company Ltd. serving as primary contractor and Sutton Consulting International providing international technical support; Senior Project Manager Charl Coetzee mobilized to site on July 8, 2026. On the financing side, the company entered into a binding term sheet on April 1, 2026 for a gold loan of up to 6,000 ounces, approximately US$25 million from Monetary Metals, to be repaid in gold ounces rather than cash, and closed the final tranche of a convertible debenture financing on July 2, 2026, bringing that raise to $4,165,200. Construction start is targeted for the current quarter.

Markets have historically applied deep discounts to development-stage mining companies to reflect the execution risks associated with permitting, financing, construction, and commissioning. As those risks are retired, companies have often seen valuations shift from a developer’s discount toward a producer’s multiple. G Mining Ventures (TSX: GMIN) (OTCQX: GMINF) offers a recent example, having built the Tocantinzinho mine in Brazil on time and on budget, poured first gold in 2024, and produced 171,871 ounces generating approximately $580 million in revenue in its first full year of commercial production in 2025. Lundin Gold (TSX: LUG) (OTCQX: LUGDF) acquired the Fruta del Norte deposit in Ecuador for $240 million in 2014, reached commercial production in 2020, produced 498,315 ounces in 2025, and now carries a market value in the C$20 billion range. Montage Gold (TSX: MAU) (OTCQX: MAUTF) is undergoing the same transition, with its fully funded, $825 million Koné project in Côte d’Ivoire advancing ahead of schedule and first gold now targeted for the fourth quarter of 2026. TRX Gold (NYSE American: TRX) (TSX: TRX) is demonstrating the same trajectory within Tanzania itself: its Buckreef mine, located in the same Geita greenstone belt as Imwelo, produced 7,426 ounces last quarter at a record average realized price of $4,703 per ounce. Barrick holds an equity position in Lake Victoria Gold, Tanzania’s Taifa Group is contracted for civil works and contract mining, and management, directors, and strategic partners collectively hold more than 60% of shares outstanding.

Imwelo has been the subject of JORC-code Preliminary Economic Assessment and pre-feasibility work; however, these studies are not current under NI 43-101, and the company has not completed a feasibility study establishing mineral reserves under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and carries an increased risk of economic or technical failure.

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

About Lake Victoria Gold

Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over fifty thousand meters of drilling and is located adjacent to Barrick’s Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti’s Geita Gold Mine. With historical resource estimates and a JORC Compliant 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity. LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from Barrick and strategic partnership with Taifa Group. Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil & Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also conduct all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania’s largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the timing of construction, financing, and project development. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.

NOTE TO INVESTORS: WallStreetPR is a financial news and publishing company that maximizes investor awareness for public and private businesses. Its core mission is to empower individuals by creating a highly connected, well-informed investor community. For more information, please visit https://wallstreetpr.com. Please see full terms of use and disclaimers on the WallstreetPR website applicable to all content provided by WallstreetPR, wherever published or re-published: https://wallstreetpr.com/disclaimer/. Please note that Akchirpy Media LLP has been compensated two thousand dollars for distributing this content on behalf of EDM Media LLC.

Sources: https://www.newsfilecorp.com/release/303579/Lake-Victoria-Gold-Formalizes-TanzanianLed-EPCM-Team-Advancing-the-Fully-Permitted-Imwelo-Gold-Project-Toward-Construction 

https://www.newsfilecorp.com/release/304339/Lake-Victoria-Gold-Mobilizes-Senior-Project-Manager-to-Imwelo-as-Construction-Readiness-Advances 

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Press Release

EdWealth Announces MoneyBench Benchmark Comparing AI Money Answers From Ed, ChatGPT and Gemini

Published

1 hour ago

on

August 31, 2026

By

New York, United States, August 31st, 2026, FinanceWire

EdWealth (edwealth.ai) today announced the publication of MoneyBench, a benchmark developed by the company to evaluate how AI systems answer personal finance questions. The benchmark compares Ed, EdWealth’s AI personal finance coach, with ChatGPT and Gemini on usefulness and factual accuracy.

Ask an AI about money and a confident, plausible answer arrives instantly. Whether the numbers are right is invisible as you read. In an Intuit Credit Karma survey, 52% of adults who acted on AI financial advice reported a poor decision [1].

According to EdWealth’s MoneyBench results for July, Ed ranked first, winning 62.3% of questions, compared with 20.8% for Gemini and 17.0% for ChatGPT [2].

What made the difference

Writing quality did not separate the three, and accuracy scores often matched. Usefulness did: Ed averaged 4.24 on a five-point scale to ChatGPT’s 3.62 and Gemini’s 3.47, higher on roughly seven of ten questions against each.

Five things set Ed apart:

  • Live numbers. Ed’s 120-plus financial data-and-analysis tools query the current filing, live price, holdings table, not last quarter’s memory.
  • Decision-first answers. Conclusion first, then reasoning, then options.
  • Fact and interpretation, separated. Limits and deadlines are stated as rules, context and trade-offs as interpretation. Most AI blurs the two.
  • A coach that stays. From what a user shares, Ed learns their numbers, goals and habits; every answer builds on the last, across cash flow, taxes, stock compensation, funds, insurance. Account connections are read-only.
  • Statute, not guesswork. Phase-outs, benefit formulas and multi-year tax rules come from a base of 11,566 parameters, sourced to the IRS, SSA, CMS and state authorities, across 51 US jurisdictions.

Confidence is not correctness

“Wealthy families always had a money person to call. Everyone else got search results, then a confident chatbot,” said Allen Ng, founder of EdWealth. “Ed closes that gap: live numbers, the reasoning shown, the decision still yours.”

The answers were scored by Claude, an AI from Anthropic, which builds none of the three. It checked each answer’s key figures against live sources, and an answer containing a fact proven false could not win. That check cost Ed: its score fell 5.3 points, both competitors rose, and Ed still finished first. Its 40 losses appear in the paper beside the wins. Where Ed’s facts were wrong, its usefulness fell with them: useful answers are built on correct ones.

In May’s first round Ed placed third of three, held back by weak data retrieval. EdWealth rebuilt it, and Ed has led every round since.

The part no benchmark can measure

The same question has a different right answer for each person: holdings, taxes, goals. A general assistant answers for everyone; Ed answers for one person, and keeps learning them. The test could not see that: standalone questions, nothing known about the asker. A benchmark measures the answer; a money person of your own knows the question behind it.

The full paper, with complete results, method and limitations: edwealth.ai/moneybench.

“We put our product on trial in public,” said Ng. “Financial AI should be judged on one question: does it help a person make a better money decision. Useful, and right. Only then does the rest follow. Money at peace, wealth in motion.”

About EdWealth

EdWealth builds agentic AI products for personal financial clarity and Financial Fitness. Its debut product, Ed, is a personal finance coach for modern households; user data is never for sale. Ed is available at edwealth.ai, on the App Store, and on Google Play.

Disclaimer: Ed provides financial information and education only — not investment, tax, or legal advice, and not a recommendation to buy or sell anything. Ed does not provide personalised investment recommendations. Ed is not a licensed financial adviser; its AI-generated outputs may be wrong, and all decisions are your own. Consult a licensed professional before acting. Availability, features, and pricing may vary by jurisdiction; Ed is offered only where permitted by applicable law.

Website: https://www.edwealth.ai/

Instagram: https://www.instagram.com/edwealth.ai/

Media contact: info@edwealth.ai

Sources: [1] Intuit Credit Karma, survey of 1,019 US adults, fielded August 7-14, 2025. [2] Systems as tested, July 2026: Ed in production configuration; ChatGPT (GPT-5.6 Sol) at Pro effort; Gemini (3.6 Flash) at default configuration.

Contact

Communications Lead
Phoebe Woo
EdWealth
info@edwealth.ai

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