Fintech News

MAY 15, 2024

Payment giant Mastercard has announced the inclusion of five global startups in its Start Path Blockchain and Digital Assets programme. This initiative aims to enhance user experiences and expand the applications of blockchain technology in solving real-world problems.

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Blockchain Visa Participant Finance 122

Fintech News

OCTOBER 20, 2024

DBS Bank has introduced DBS Token Services, a suite of banking services that uses blockchain technology to offer faster and more efficient transactions for institutional clients. This blockchain service operates through DBS’s permissioned blockchain, ensuring full control while maintaining compliance.

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Blockchain Innovation Liquidity Management Multi-Currency 116

Fintech News

NOVEMBER 5, 2024

OCBC Bank has partnered with the Land Transport Authority of Singapore (LTA) to pilot a new blockchain payments solution for construction projects. This blockchain-based conditional payment solution will improve the governance and transparency of utilisation of the mobilisation advance payments that LTA extends to its contractors.

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Authorization Blockchain Payments Payment Solutions 109

Fintech Finance

OCTOBER 8, 2024

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises.

Global Payments 124

Global Payments Blockchain TPS Interoperability 124

Fintech Review

AUGUST 27, 2024

Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.

Interoperability 105

Interoperability Blockchain Facilitators Innovation 105

Fintech Finance

DECEMBER 5, 2024

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). The post Nuvei Launches Comprehensive Blockchain Payment Solution appeared first on FF News | Fintech Finance.

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Payment Solutions Blockchain Stablecoins Cross-Border 94

Finextra

MARCH 18, 2024

African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.

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Payment Networks Blockchain Payments 118

The Fintech Times

MAY 14, 2024

Ripple , the global payments and financial solutions provider, is accelerating blockchain education in the US as its University Blockchain Research Initiative (UBRI) renews its $1.05million partnership with Morgan State University to support blockchain innovators across America’s Historically Black Colleges and Universities (HBCUs).

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Blockchain Innovation Research Deepfake 117

Fintech News

NOVEMBER 5, 2024

Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. Featured image credit: Edited from Freepik The post Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement appeared first on Fintech Singapore.

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Settlement Blockchain Liquidity Management Treasury Management 112

Finextra

SEPTEMBER 22, 2024

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

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Risk Management Stablecoins PayPal Blockchain 124

The Fintech Times

MAY 15, 2024

“This partnership underscores our commitment to harnessing innovative blockchain solutions, ensuring Siemens AG remains at the forefront of global financial efficiency and connectivity. The post Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore appeared first on The Fintech Times.

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Cross-Border Distributed Ledger Technology (DLT) Cross-Border Settlement Blockchain 124

The Fintech Times

JUNE 25, 2024

The Solana Foundation has introduced two new developer tools, Solana Actions and blockchain links (blinks), to make blockchain transactions more accessible and seamlessly integrated into everyday digital platforms. This feature aims to make decentralised applications more user-friendly and widely accessible.

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Blockchain Transactions NFTs Use Case 105

The Fintech Times

APRIL 16, 2024

A new coalition uniting blockchain foundations, universities, and NGOs in a commitment to leveraging blockchain technology for social good has been announced. Partnering with Web3 communities, crypto exchange Bybit has unveiled the Blockchain for Good Alliance (BGA). The Blockchain for Good Alliance embodies this journey.

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Addressing Blockchain Innovation Technology 114

The Fintech Times

JULY 15, 2024

It showcases fintech innovation by enabling seamless transactions between blockchain technology and traditional finance. Visa and Wirex explained they are committed to developing projects that integrate blockchain technology with traditional financial systems, ensuring smooth and efficient transactions.

Blockchain 117

Blockchain Finance Technology Digital Currency 117

Fintech News

AUGUST 21, 2024

PEXX, a fintech startup specialising in stablecoin cross-border payments, has acquired Singapore-based blockchain media platform Chain Debrief. PEXX said that the goal is to provide users with updated information on blockchain technology, cryptocurrencies, and regulatory developments, enhancing their decision-making process.

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Blockchain Acquirers Cross-Border Payments Cross-Border 109

Fintech News

AUGUST 21, 2024

DBS ’ permissioned blockchain was used to automate payments, ensuring that only approved recipients received the grants once the predefined conditions were fulfilled. This pilot reflects ongoing efforts to integrate blockchain technology into financial processes, aiming for broader use cases in the future.

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Governance Government Blockchain Use Case 107

The Fintech Times

SEPTEMBER 26, 2024

After signing memorandums of understanding with DECA and Asosiasi Blockchain Indonesia, Bharat Web3 Association (BWA) aims to align India’s Web3 sector with international standards and best practices. “Together, we aim to empower the region through shared initiatives, knowledge exchange, and joint projects that drive meaningful impact.”

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Distributed Ledger Technology (DLT) Blockchain Cross-Border Best Practices 107

The Fintech Times

AUGUST 7, 2024

Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. It also plans to provide financial, technical, and business support to developers.

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Blockchain Innovation Use Case Stablecoins 115

Fintech News

NOVEMBER 3, 2024

UBS Asset Management has launched its first tokenised investment fund, the “UBS USD Money Market Investment Fund Token” (uMINT), built on Ethereum’s blockchain. The launch is part of UBS ’ strategy to use blockchain for better fund issuance and distribution.

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Blockchain Cross-Border APACS Cash Management 103

Finextra

MAY 29, 2024

Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan's blockchain network Liink.

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Blockchain Technology International Payments Accounts 105

Finextra

MAY 29, 2024

Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan's blockchain network Liink.

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Blockchain Technology International Payments Accounts 104

The Fintech Times

APRIL 17, 2024

The UK’s Regulated Liability Network has chosen R3 , a company specialising in enterprise distributed ledger technology and services, as well as Quant , a blockchain provider for finance, to develop the technology prototype for its experimental stage.

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Payment APIs and Integration Blockchain Finance Digital Payments 137

Segpay

OCTOBER 22, 2024

In response, less intrusive alternatives like blockchain-based age verification are emerging. Before diving into the benefits of blockchain, it’s essential to understand the privacy and security issues associated with ID-based age verification. A key feature of blockchain-based age verification is zero-knowledge proofs (ZKP).

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Verification Blockchain Privacy Encryption 82

The Fintech Times

JUNE 10, 2024

Both Hong Kong and Switzerland are making strides in the development of blockchain and cryptographic technologies individually. The post InvestHK and Crypto Vallet Association Join Forces to Advance Blockchain and Web3 Development appeared first on The Fintech Times.

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Blockchain Facilitators FinTech Innovation 121

Finextra

OCTOBER 22, 2024

At Sibos 2024, Sergey Nazarov, Co-Founder of Chainlink, highlighted the growing adoption of blockchain technology by asset managers, driven by efficiency gains in settlement, payments, and collateral management.

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Interoperability Privacy Blockchain Settlement 98

Finextra

OCTOBER 8, 2024

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses.

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Global Payments Blockchain Payments Innovation 97

The Payments Association

SEPTEMBER 24, 2024

Blockchain, once synonymous with cryptocurrencies like Bitcoin, is now transforming digital payments and fiat currency transactions. In payments, blockchain provides improved transparency with immutable transaction records, faster processing times by eliminating intermediaries, and stronger security via encrypted data. Read more

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Blockchain Cross-Border Payments Cross-Border Encryption 88

Finextra

SEPTEMBER 18, 2024

Building on our commitment to support Web3 developers, Google Cloud today announced the launch of our new Blockchain RPC (Remote Procedure Call) service.

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Blockchain Procedures 98

Finextra

NOVEMBER 7, 2024

UBS has successfully piloted a blockchain-based payment system, UBS DIgital Cash, designed to improve the speed and efficiency of cross-border transactions for corporate and institutional clients.

Blockchain 89

Blockchain Cross-Border Payments Transactions 89

Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. DBS’ permissioned blockchain is Ethereum virtual machine (EVM)-compatible and is integrated with its core payments engine.

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Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech News

NOVEMBER 5, 2024

This platform utilises blockchain technology, advanced encryption, and AI to enhance the speed, efficiency, and transparency of cross-border transactions. This demonstrates how blockchain can support evolving treasury and liquidity needs.

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Settlement Blockchain Cross-Border Treasury 108

Finextra

OCTOBER 28, 2024

HSBC and Ant International have completed HKD-denominated cross-bank blockchain-based test transactions under the Hong Kong Monetary Authority’s Ensemble Sandbox.

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Blockchain Transactions 96

Finextra

OCTOBER 30, 2024

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

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Settlement Blockchain Transactions Treasury 95

The Fintech Times

AUGUST 23, 2024

This report identifies three key technologies that have the potential to address some of the most intricate challenges small and medium-sized firms currently face including generative AI, analytical AI, and blockchain. In a 2019 study carried out by PwC , AI is projected to contribute substantially to the UK economy.

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AI Blockchain Finance FinTech 95

Fintech News

DECEMBER 5, 2024

Instead, the company is focusing on its wallet business and blockchain platform Base to drive blockchain adoption by enabling local developers to create solutions for baht and peso stablecoins. The company currently has no plans to directly enter Southeast Asian jurisdictions.

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Stablecoins Cross-Border Payments Cross-Border Blockchain 135

Finextra

NOVEMBER 11, 2024

On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JP Morgan white paper.

Privacy 80

Privacy Blockchain Technology 80

Fintech News

AUGUST 12, 2024

The XDC Accelerator Programme is a significant step for the emerging blockchain platform, which is known for its focus on real-world asset tokenisation and trade finance. The XDC Network, compatible with Ethereum Virtual Machine (EVM), is equipped to support these startups in applying blockchain technology to real-world applications.

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Blockchain Credential AI Verification 139