The Fintech Times

OCTOBER 9, 2024

Xalts , a fintech firm providing real-time connectivity between financial services and businesses, is joining forces with Polygon , to bring its real-world asset tokenisation platform, RWA Cloud, to Polygon’s blockchain network. “We look forward to accelerating the adoption of RWA tokenisation by enterprises.”

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Blockchain Use Case Treasury Management Government 52

PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. The pilot will run until February 2021 and will use blockchain technology, the Riksbank said.

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Central Bank Digital Currency CBDC Online and Mobile Banking 105

The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC.

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CBDC Cross-Border Payments Transactions Cross-Border 126

PYMNTS

OCTOBER 7, 2020

The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea Herald. The project isn't an indication that the Bank of Korea is officially launching a digital currency — just that it is testing how that would work.

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Digital Currency Central Bank CBDC Cryptocurrency 83

PYMNTS

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! The ECB has been open to the idea, and could already be experimenting.

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Central Bank Digital Currency Distributed Ledger Technology (DLT) CBDC 94

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

Fintech News

OCTOBER 16, 2024

The project focuses on enhancing transaction speed and efficiency through the integration of blockchain and stablecoins, digital currencies tied to assets such as the U.S. Fireblocks, a digital asset security firm, provides the custody technology to secure digital assets during these transactions.

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Cross-Border Payments Cross-Border Stablecoins Digital Currency 134

PYMNTS

MAY 21, 2020

Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. The company wrote in the document that under the system, users could “hold digital currency with the same denomination as the local physical currency (e.g., $100

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Digital Currency Central Bank CBDC Federal Reserve 97

The Payments Association

DECEMBER 13, 2023

Blockchains have created a narrative that they are an underlying technology that powers cryptocurrencies that challenge the traditional financial system. However, in reality, blockchain is way more than that, with a […] Read more

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Blockchain Cryptocurrency Technology Digital Currency 88

PYMNTS

SEPTEMBER 21, 2020

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. CoinTelegraph.com reported the retailer has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC).

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Digital Currency Central Bank eWallet Research 56

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. This blog will look at real-world applications of businesses that are integrating blockchain and making an impact in 2024. billion with a CAGR of 87.7%.

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Blockchain Central Bank Cryptocurrency Digital Currency 40

Fintech News

SEPTEMBER 18, 2024

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. For example, Visa has been using AI-based technology for risk and fraud management since 1993.

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APACS Stablecoins Alternative Payment Methods BNPL 115

The Fintech Times

SEPTEMBER 17, 2024

Singapore-based fintech Xalts is joining forces with smart contracts platform Avalanche , in a move to support financial services, governments, and other enterprise developers in building digital asset platforms for implementing blockchain, tokenisation, and smart contract applications.

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Multi-Currency Blockchain Use Case Digital Currency 64

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The Rewards.

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Digital Currency CBDC Retail Payments Central Bank 87

PYMNTS

MARCH 31, 2020

million in seed funding, but distributed ledgers only have a small function in the company that will reportedly launch in April even though its team has blockchain expertise, Coindesk reported. The personnel at Manetu, however, are not short on their blockchain knowledge. Manetu, a data privacy startup, reportedly just notched $3.5

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Blockchain Technology Digital Currency Bitcoin 77

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 72

PYMNTS

SEPTEMBER 9, 2020

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa.

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Digital Currency Bitcoin Blockchain Cryptocurrency 60

CoinRemitter

FEBRUARY 9, 2024

A Central Bank Digital Currency is a country’s official currency, presented in a digital form. It operates on a blockchain network and is issued and backed by the central bank of the respective country. If CBDCs go mainstream, they can dominate the world of digital payments. What is the Pilot Stage?

Digital Currency 40

Digital Currency Central Bank CBDC Distributed Ledger Technology (DLT) 40

Fintech News

APRIL 24, 2024

Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. dollar deposits. dollar deposits. dollar account held at J.P.

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Cross-Border Payments Cross-Border Blockchain Digital Currency 124

PYMNTS

MAY 13, 2020

The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position.

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Digital Currency Bitcoin CBDC Blockchain 61

PYMNTS

APRIL 7, 2020

Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China Ocean Shipping Company (COSCO), according to an announcement. Truckers were then able to retrieve cargo at the terminal quicker.

Digital Currency 60

Digital Currency CBDC Blockchain Bitcoin 60

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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Stablecoins PayPal Consumer Blockchain 111

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency.

Digital Currency 40

Digital Currency Central Bank Blockchain CHIPS 40

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base.

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RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. Algorand created a permissionless, open source and pure proof-of-stake blockchain technology.

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Digital Currency ATM Bitcoin Blockchain 67

The Fintech Times

MAY 1, 2024

In recent years, digital currencies have been all the rave. 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. Find out how blockchain is being used outside of crypto.

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Metaverse FinTech Stablecoins Blockchain 111

Fintech Finance

MAY 28, 2024

Gnosis Pay , the company building the rails for the next generation of banking, today announces a new partnership with Visa , a world leader in digital payments, that will help broaden the use of digital currencies in everyday payment settings. For business partners, the impact is twofold.

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Digital Currency Debit Card Blockchain Money Laundering 110

CB Insights

MARCH 2, 2023

What is blockchain cross-border payment & CBDCs? Blockchain cross-border payments and central bank digital currencies (CBDCs) companies leverage blockchain and distributed ledger technology to help banks, financial institutions, and businesses move funds across multiple entities and countries in real time.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Blockchain Digital Currency 59

PYMNTS

APRIL 7, 2020

Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China Ocean Shipping Company (COSCO), according to an announcement. Truckers were then able to retrieve cargo at the terminal quicker.

Digital Currency 52

Digital Currency CBDC Blockchain Central Bank 52

PYMNTS

MAY 27, 2020

The movement toward digital currencies may be a bit of an arms race of sorts, for now. As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC).

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Central Bank Digital Currency CBDC Settlement 57

Payments Source

FEBRUARY 24, 2017

Blockchain, the technology behind bitcoin, is increasingly seen as a way to cut costs for international payments.

Digital Currency 64

Digital Currency Blockchain Bitcoin International Payments 64

PYMNTS

MAY 20, 2020

Is now the prime time for blockchain ? As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf , executive director of Hyperledger , told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains. The Emerging Use Cases.

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Blockchain Credential Use Case Database 131

PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. dollar-backed digital currencies for the payment of government taxes, fees and services. Technology is the future. Despite the SEC knowing for 18 months that if the TON Blockchain did not launch by Oct.

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Digital Currency Blockchain Finance Bitcoin 40

Fintech News

JANUARY 30, 2024

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. Central Banks and the Adoption of Digital Currencies Central Bank Digital Currencies (CBDCs) are emerging as a transformative force in the financial landscape.

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Payments Trends Digital Currency Cross-Border Payments Instant Payments 115

PYMNTS

JUNE 18, 2019

It has nothing to do with blockchain. So, what is crypto or blockchain about it? Though he noted that the specifics of the project are still unknown, Roubini explained that GlobalCoin probably won’t use common blockchain technologies. Russia’s central bank might one day launch its own digital currency.

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Digital Currency Central Bank Bitcoin Cryptocurrency 53

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). Source: SBI DAH Tokenised securities also garnered significant interest, with 21.6%

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