Remove Blockchain Remove Cross-Border Settlement Remove Settlement
article thumbnail

Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore

The Fintech Times

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore.

article thumbnail

ECS Fin To Test Apifiny's Blockchain Program

PYMNTS

ECS Fin , which works in transaction processing optimization, will launch a pilot program to test the integration of blockchain services of Apifiny 's Roxe network to help companies save time and costs on B2B payments, according to a press release.

article thumbnail

UBS Leads New Blockchain Settlement Group

PYMNTS

The crypto token they are developing will be called the utility settlement coin, or USC. million) in the company tasked with developing the coin and the settlement system, Fnality International. With a blockchain-based system, all the functions performed by intermediaries are theoretically baked into the transaction itself.

article thumbnail

MANSA Partners with Bitmama to Enhance Cross-Border Payments in Emerging Markets Through Virtual Crypto Cards

Fintech Finance

MANSA , a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa.

article thumbnail

MANSA Provides Bitmama With Liquidity, Expanding Payment Capabilities for Consumers Across Africa

The Fintech Times

MANSA , a decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, is joining forces with blockchain payment platform Bitmama , in a move to improve cross-border payment accessibility across Africa.

article thumbnail

Visa and BTL to pilot blockchain for cross-border settlement

The Paypers

(The Paypers) Visa Europe Collab has partnered with Toronto-based BTL Group to test how blockchain can streamline domestic and cross-border payments between banks.

article thumbnail

Bitcoin Daily: Monerium Partners With Algorand To Enable Blockchain Transactions; Square To Build Lightning Development Kit To Enhance Bitcoin Wallets

PYMNTS

Monerium, a startup based in Iceland that has a European Economic Area (EEA) e-money license, has teamed up with Algorand, a blockchain with a highly scalable consensus algorithm, according to a report Tuesday (Jan. Monerium stores fiat currency deposits for clients and releases them in a digital form on a blockchain. 21) by Coindesk.

Bitcoin 52