PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. Plus, blockchain projects move closer to launch in the U.S.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

Payments Source

NOVEMBER 28, 2018

Blockchain may have received its most exposure as the distributed ledger technology at the foundation of cryptocurrency exchanges, but its use cases are advancing into other data-driven or supply-chain industries pursuing the Internet of Things.

Blockchain 129

Blockchain Use Case Cryptocurrency Payments 129

PYMNTS

JANUARY 26, 2021

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. Additionally, there is a speed issue that needs to be addressed, since transacting with BTC requires the blockchain to be updated with a number of confirmations, which takes time. Bitcoin gets all the headlines.

Cryptocurrency 102

Cryptocurrency Bitcoin Blockchain Digital Currency 102

The Fintech Times

APRIL 22, 2024

Technology The decentralised network connected through a network of computers or nodes underlies blockchain technology, synonymous with cryptocurrencies. Blockchain protocols are the guidelines or rulebooks that determine how a blockchain works. They want to be the first to use the product.

Finance 130

Finance Blockchain Cryptocurrency Regulations 130

CoinRemitter

JUNE 26, 2024

The impact of blockchain technology is visible across various industries worldwide. Today, blockchain integration in business is not just a trend but a strategic move. Blockchain’s decentralized nature offers immense opportunities for businesses to streamline their operations and unlock new opportunities to increase their profits.

Blockchain 40

Blockchain Central Bank Cryptocurrency Digital Currency 40

Payments Source

FEBRUARY 10, 2019

There is a fundamental irony in the “blockchain, not crypto” position espoused by traditional financiers and business professionals.

Blockchain 82

Blockchain Cryptocurrency Use Case Technology 82

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. download our best of blockchain research. download our best of blockchain research.

Blockchain 101

Blockchain NFTs Distributed Ledger Technology (DLT) Multi-Currency 101

The Payments Association

NOVEMBER 18, 2024

At its core, De-Fi is characterised by its use of blockchain technology and smart contracts to facilitate financial transactions without needing intermediaries. billion in August 2024, down from $175 billion in late 2021 due to cryptocurrency market volatility and increased competition from traditional financial instruments.

Stablecoins 88

Stablecoins Distributed Ledger Technology (DLT) Digital Currency Caps 88

The Fintech Times

MAY 29, 2024

The idea that digital assets are exclusively some form of currency has been slowly dispelled, as new use cases emerge and are rapidly adopted across the globe. The digital currency landscape in the MEA region is diverse, with a vast number of companies offering services to meet a variety of use cases and needs.

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech Finance

JUNE 5, 2024

Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-border payments solutions for regulated institutions. A host of new currencies are scheduled to be switched on for Ripple customers later this year.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency IBAN 98

Fintech News

MAY 21, 2024

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Cryptocurrencies followed closely behind CBDCs, with 23.5% Institutional investors focus on digital assets.

Settlement 130

Settlement Cryptocurrency Blockchain Digital Currency 130

PYMNTS

NOVEMBER 4, 2020

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.

Blockchain 131

Blockchain Cross-Border Payments Cross-Border Real Time Payments 131

PYMNTS

MAY 22, 2020

It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.

Blockchain 105

Blockchain Bitcoin Addressing Cryptocurrency 105

The Fintech Times

SEPTEMBER 26, 2024

Societe Generale-FORGE (SG-FORGE), a regulated subsidiary of Societe Generale, has forged a long-term partnership with Bitpanda, a European cryptocurrency broker, to promote the use of digital assets across Europe. This enables European investors to trade the stablecoin alongside other cryptocurrencies as well as traditional assets.

Stablecoins 59

Stablecoins Cross-Border Payments Cross-Border Financial Inclusion 59

PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

Cryptocurrency 82

Cryptocurrency Bitcoin FBI Digital Currency 82

The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

Fintech Review

OCTOBER 29, 2024

The alliance aims to drive innovation and growth of the Stablecoin and Real-World Asset (RWA) ecosystem Deep Blue is an issuance platform for Stablecoins bringing best-in-class practices and best partners in both digital assets and traditional finance, enabling users to operate across multiple use cases.

Stablecoins 52

Stablecoins Blockchain Use Case Blocks 52

CB Insights

OCTOBER 29, 2020

This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.

Real Time Gross Settlement (RTGS) 101

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

CoinRemitter

JUNE 23, 2024

Blockchain oracles act as trusted sources of information that feed real-world data into blockchains where automated processes, such as smart contracts, can be executed based on the information provided. Blockchain oracles ensure the integration of real-world data with smart contracts securely. How does it work?

Blockchain 40

Blockchain Payment APIs and Integration API Automation 40

The Fintech Times

JUNE 3, 2024

C rypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases Mastercard Crypto Credentials helps verify interactions among consumers and businesses using blockchain networks. This is an important step in strengthening our presence in the cryptocurrency market.

Credential 64

Credential Visa Cross-Border Travel Rule 64

PYMNTS

OCTOBER 8, 2018

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. “Leveraging the benefits of blockchain architecture is one of MyEG’s core [focuses] presently,” said Managing Director Wong Thean Soon in a statement. Reports in The Edge Markets on Friday (Oct.

Payroll 51

Payroll Blockchain Payment APIs and Integration Cryptocurrency 51

PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. In the post, Facebook laid out the tenets of the employees it is seeking.

Blockchain 70

Blockchain Research Cryptocurrency Risk Management 70

PYMNTS

NOVEMBER 5, 2020

5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. In other news, ten Spain-based tech and finance companies are developing a self-managed digital identity using blockchain and have completed the concept test phase, according to a Santander press release. at 10:50 a.m. (ET),

Bitcoin 85

Bitcoin Blockchain NOV Cryptocurrency 85

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. The European Union has become the latest jurisdiction to pave the way for cryptocurrency adoption. European Union Next To Ease Crypto Adoption. Many more made contactless payments.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. The fact remains that use cases — where one might, for example, walk into Starbucks and get a cuppa joe with a fragment of bitcoin — seem a ways off.

Use Case 49

Use Case Bitcoin Cross-Border Cryptocurrency 49

PYMNTS

AUGUST 23, 2019

Blockchain firm Pundi X has announced that Venezuela’s largest chain of department stores will implement the XPOS, the blockchain-powered point-of-sale device, across its 49 stores around the country. Traki customers will be able to use various cryptocurrencies as payment options for the retailer’s products.

Blockchain 49

Blockchain Cryptocurrency Best Practices Bitcoin 49

PYMNTS

NOVEMBER 4, 2020

This speaks more to an investment strategy (asset diversification, for example), we contend, than as a pivot toward using cryptos in the service of commerce. Toward that end, and more mainstream use cases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrency used, remains key.

Bitcoin 83

Bitcoin Cryptocurrency Office of the Comptroller of the Currency Stablecoins 83

PYMNTS

DECEMBER 4, 2018

Ripple, the blockchain company that owns XRP, the digital currency, has joined forces with NEM, Fetch.AI, and EMURGO/Cardano to create a new association that represents the interest of blockchain and cryptocurrency business in Europe. The group behind Blockchain for Europe isn’t the only player eyeing the technology.

Blockchain 83

Blockchain Database Audit Digital Currency 83

PYMNTS

APRIL 11, 2018

Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. Blockchain Capital is the premiere fund for any project looking to get off the ground in the blockchain space.

Blockchain 64

Blockchain Cryptocurrency Use Case Bitcoin 64

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

Cryptocurrency 54

Cryptocurrency Audit Blockchain B2B 54

PYMNTS

JANUARY 15, 2019

HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain.

Blockchain 76

Blockchain Cross-Border Payments Cross-Border Use Case 76

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Please click to enlarge.

Real Time Gross Settlement (RTGS) 98

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Money Laundering 98

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Or at least they didn’t until now. Crypto’s Path To Spendability.

Visa 127

Visa Cryptocurrency Blockchain Bitcoin 127

PYMNTS

MARCH 28, 2019

Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. The hope has been that as blockchain moves beyond bitcoin , the decentralized way of moving data, assets and communications would find a wide berth in business. I say, ‘Show me the use case.

Blockchain 74

Blockchain Visa Use Case Bitcoin 74

CB Insights

SEPTEMBER 12, 2018

Blockchain is permeating nearly every industry, from healthcare to supply chain management. Download our 78-page report on the future of the blockchain. VCs and corporations are hot on blockchain. Get the report to see where blockchain tech is going. Get the report to see where blockchain tech is going.

Blockchain 75

Blockchain Cryptocurrency Origination Encryption 75

Fintech News

OCTOBER 21, 2024

The road ahead: Swiss regulation and open data, EU regulation, tangible business cases, a maturing blockchain ecosystem Source: Freepik Regulatory developments in Switzerland: The regulator’s focus is on enhancing sustainability disclosures’ transparency and comparability.

Finance 99

Finance Blockchain FinTech Regulations 99

PYMNTS

OCTOBER 31, 2018

Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. That would leave room for blockchain. As reported in July via white paper, the U.K.

Blockchain 80

Blockchain Cross-Border Cryptocurrency Government 80