Finovate

JUNE 3, 2024

PayPal’s stablecoin, PayPal USD (PYUSD), was officially added to the Solana Blockchain last week. This shift comes after the California-based company launched on Ethereum blockchain last summer. Offering multiple blockchain allows users to choose different options based on their preferred cost and transaction speed.

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Fintech News

NOVEMBER 3, 2024

To speed up progress, MAS is now pushing for participants to commercialise their findings, fostering a connected network for trading tokenised assets. Access to a common settlement facility is also being facilitated through the SGD Testnet, featuring S$ wholesale central bank digital currency (CBDC) for market testing.

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CBDC Settlement Digital Currency Cross-Border 101

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). Institutional investors focus on digital assets.

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The Fintech Times

FEBRUARY 16, 2024

Blockchain and cryptocurrency have massive potential to help vulnerable and underrepresented communities. Evidence of this can be seen with the launch of Paystand.org, the corporate social responsibility (CSR) arm of Paystand , the blockchain-enabled commercial payments platform.

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Bitcoin Blockchain Financial Inclusion Underserved 71

PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.

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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.

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Fintech News

OCTOBER 6, 2024

Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies. This builds on prior experiments where Swift successfully connected public and private blockchains and linked CBDCs on a global scale.

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Fintech Review

JULY 10, 2024

These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. For example, in Sub-Saharan Africa, platforms like Acala Network and Terra are providing stablecoin solutions that offer much-needed stability amidst volatile local currencies.

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The Fintech Times

AUGUST 28, 2024

Looking to harness this potential, the Hong Kong Monetary Authority (HKMA) launched ‘Project Ensemble’ in March earlier this year, a wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in the region.

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Interbank Settlement CBDC Settlement Use Case 134

Finovate

MARCH 20, 2024

This week in Tales from the Crypto we look at the boom-induced traffic jam in crypto coin trading, new funding for a blockchain payment network in the developing world, and a pair of new crypto-friendly alums that demoed at FinovateEurope last month. Layer-1 blockchain Solana has experienced service issues as well.

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Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system. The country stands out in this regard.

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PYMNTS

MARCH 19, 2020

Thai FinTech firm DeeMoney is teaming with enterprise blockchain solution Ripple to facilitate quicker and less expensive cross-border money transfers, according to an announcement. DeeMoney is using RippleNet to process inbound payments coming into Thailand as of now, and it is the first non-bank institution in the country to use RippleNet.

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Fintech News

JUNE 19, 2024

Be it central bank digital currencies (CBDCs), a tokenised digital Singapore Dollar, or various initiatives backed by governmental regulators, stablecoins are one of the more pivotal developments in the world of cryptocurrencies and blockchain technology. It has already arrived.”

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PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. The resolution implies that bitcoin and blockchain technology are ways to help the unbanked and empower the consumer. 12) by the U.S.

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The Fintech Times

APRIL 23, 2024

Fintech platforms play a crucial role in connecting these projects with investors, using tools such as green bonds and blockchain technology to facilitate financing. Through Unergy’s model, investors from all over the world can easily participate in the development of solar energy projects and generate stable returns.

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Blockchain FinTech Returns Financial Inclusion 68

CB Insights

OCTOBER 13, 2021

This round drew participation from SoftBank Group, AlbionVC, Digital Currency Group, and Evolution Equity Partners, among others. The post Elliptic Raises $60M To Enhance Its Blockchain Analytics And Enterprise-Grade Compliance And Transaction Monitoring Tools appeared first on CB Insights Research. Want the full post?

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CB Insights

NOVEMBER 19, 2020

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

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Blockchain Bitcoin Use Case Privacy 101

Fintech News

MAY 8, 2024

The conference drew over 3,000 participants from 87 countries, including 24 nations across the Asia Pacific region. Key topics addressed at Money20/20 Asia included AI, cross-border payments, open banking, digital assets, and Central Bank Digital Currencies (CBDCs).

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Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

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PYMNTS

OCTOBER 20, 2017

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Mastercard is not the only firm delving into blockchain. The Mastercard technology ensures that payment details are shared only between transaction participants, said the company. On Friday (Oct.

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Visa Blockchain B2B Payment APIs and Integration 84

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

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PYMNTS

JULY 1, 2019

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. Canadian payments network Interac has experimented with blockchain for consumer payments.

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PYMNTS

AUGUST 24, 2020

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Moreover, the cloud services arm of Huawei has fueled the project with blockchain innovations like distributed ledgers.

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Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). The participants noted significant improvements in the efficiency, cost, speed, and transparency of cross-border transactions.

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PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The exchange will reportedly open withdrawals for the digital currency on Wednesday (Dec.

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PYMNTS

DECEMBER 17, 2019

Accenture , a professional services firm, and TradeIX, a blockchain startup in global trade finance, have teamed up to become an onboarding partner for the Marco Polo Network , according to reports. Sweden’s central bank recently asked Accenture to help with the development of its e-krona pilot for digital currency, earlier this month.

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PYMNTS

DECEMBER 22, 2020

The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. Any bank can participate in the digital currency initiative, Ledger Insights reported.

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Fintech News

JULY 17, 2024

PEXX, a fintech startup focused on cryptocurrency and blockchain technology, has officially launched with US$4.5 The round was led by TNB Aura, with participation from Antler and EMO Capital. This investment will support the development of PEXX ’s stablecoin-to-fiat payment platform, which aims to improve global currency transfers.

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PYMNTS

FEBRUARY 6, 2019

The Digital Isle of Man is making a blockchain push with the rollout of an Isle of Man Blockchain Sandbox and the creation of a blockchain office, according to reports. The blockchain office will provide marketing support and foster collaboration in the field (as well as communication between companies and regulators).

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Bitcoin Blockchain Digital Currency Best Practices 57

PYMNTS

JANUARY 24, 2019

The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple ’s help, Cointelegraph reported. Through the program, graduate students are said to focus on the study of blockchain development and regulations. A Ripple representative tweeted on Tuesday (Jan.

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CoinRemitter

MAY 29, 2024

With the rise in digital currencies for payments and transactions, two innovations are much discussed: Central Bank Decentralised Currencies (CBDCs) and cryptocurrencies. CBDCs Central Bank Decentralised Currencies (CBDCs) is a form of digital currency, that is issued and regulated by the central bank of a country.

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Cryptocurrency Central Bank Digital Currency Privacy 49

PYMNTS

SEPTEMBER 14, 2017

Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency acceptance at physical retail points of sale (POS). That’s why Camelgram’s POS terminal reads and changes the distributed ledger directly when customers pay with a digital currency.

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PYMNTS

SEPTEMBER 17, 2020

Dapper Labs will be partnering with peer-to-peer firm Circle to help add payment methods for digital collectibles using credit and debit card payments to settle in the stablecoin USD Coin (USDC), according to a blog post from Circle. Up to now, paying for digital collectibles on blockchain relied on cryptocurrency payments.

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The Paypers

SEPTEMBER 17, 2020

Société Générale (SocGen) Forge , selected by Banque de France to participate in its wholesale central bank digital currency (CBDC) trials, is using the Tezos public blockchain as the platform for the trials.

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Clearly Payments

MARCH 11, 2024

Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer transactions without the need for intermediaries like banks or financial institutions. Moreover, as Canada positions itself as a hub for blockchain and cryptocurrency innovation among the startup community.

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Wharton Fintech

NOVEMBER 29, 2023

Bridging the Gap: A Collaborative Approach to Blockchain & Crypto Partnerships with Shayaan Khanna at Mastercard As recently as 2022, it seemed as though blockchain and cryptocurrency companies were about to reshape large swathes of the global financial sector right away.

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PYMNTS

MARCH 10, 2020

To allow users to borrow against their holdings, digital currency wallet and exchange company Blockchain.com unveiled a “Borrow” Service. dollars against bitcoin holdings kept in the Blockchain Wallet, Coindesk reported. The offering occurs following Blockchain’s opening of an institutional lending desk last summer.

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