PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail.

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B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The platform supports real-time, peer-to-peer transactions and foreign exchange operations, using the mBridge Ledger, a new blockchain infrastructure.

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Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

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

PYMNTS

OCTOBER 11, 2018

Poland, Brazil and Spain — and is looking to bring Ripple on as a preferred settlement choice. In terms of the blockchain, there are 14 nodes across that platform. The blockchain had been designed on the distributed ledger technology (DLT) via R3 ’s Corda offering.

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Settlement Distributed Ledger Technology (DLT) Cross-Border Payment APIs and Integration 77

PYMNTS

SEPTEMBER 18, 2019

To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision.

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Distributed Ledger Technology (DLT) Blockchain Central Bank Compliance 43

PYMNTS

JUNE 8, 2020

In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. The firms are operating using distributed ledger technology (DLT), which has been growing — in 2018, the number of firms using it sat at only 27 percent by comparison.

IRS 52

IRS Distributed Ledger Technology (DLT) Blockchain Cryptocurrency 52

PYMNTS

NOVEMBER 26, 2019

Last month , SAP announced it was teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers.

Real Time Gross Settlement (RTGS) 60

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Blockchain 60

PYMNTS

JULY 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). The BoE’s Real-Time Gross Settlement (RTGS) system handles transactions worth about 500 billion pounds — almost one-third of Britain’s annual economic output.

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Cross-Border Payments 40

PYMNTS

AUGUST 2, 2018

Blockchain, blockchain everywhere. Reports came this week that the much-touted distributed ledger technology (DLT) may be less savior for all manner of problems across the business landscape than thought. By using blockchain , the impetus is to make sure that data cannot be altered.

Blockchain 44

Blockchain Distributed Ledger Technology (DLT) Cross-Border Settlement 44

PYMNTS

JANUARY 30, 2019

SWIFT said the first part of this proof-of-concept effort will involve Corda , an R3 blockchain platform. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

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SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 60

PYMNTS

OCTOBER 12, 2016

Blockchain startup contests. With €15,000 in prize money ready to be handed out, BlockchainHub Graz and industry partners have announced a Blockchain Startup Contest. Enriching the ecosystem of decentralized technology is key in the fight, however. With the expansion of blockchain, this is likely not a one-off competition.

Blockchain 77

Blockchain Regulations Distributed Ledger Technology (DLT) Fed 77

PYMNTS

AUGUST 1, 2018

To put it another way, might the additions of links to the blockchain be slowed a bit? Forrester Research noted that some projects may be winding down, and some pilot tests of the technology may be walked back a bit, illuminating at least some isolated cases of tempered enthusiasm or expectations of blockchain potential.

Blockchain 40

Blockchain Blocks Distributed Ledger Technology (DLT) Use Case 40

PYMNTS

JANUARY 30, 2019

SWIFT said the first part of this proof-of-concept effort will involve Corda, an R3 blockchain platform. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

SWIFT 46

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 46

PYMNTS

AUGUST 22, 2018

Blockchain beyond bitcoin. One estimate that debuted this week via Business Intelligence and Strategy Research (aka BIS Research) states that the global automotive blockchain market will reach $1.6 Patent and Trademark Office that would leverage blockchain to secure user authentication efforts and boost security initiatives.

Blockchain 41

Blockchain Distributed Ledger Technology (DLT) Authentication User Authentication 41

PYMNTS

AUGUST 29, 2018

Banks seem smitten by blockchain. PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Of those queried, as many as 84 percent of firms are involved with DLT.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

PYMNTS

OCTOBER 1, 2018

In the age of blockchain, all manner of physical assets are making the leap to bits and bytes. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. percent pure.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Cross-Border Wire Transfer 73

PYMNTS

SEPTEMBER 18, 2019

financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). The digitized cash, in the form of a tokenized dollar, operates on Wells’ first blockchain platform. In a press release on Tuesday (Sept.

Distributed Ledger Technology (DLT) 49

Distributed Ledger Technology (DLT) Stablecoins Cross-Border Cross-Border Payments 49

PYMNTS

DECEMBER 13, 2019

The SNB and the Bank for International Settlements (BIS) are said to be exploring the widespread use of digital central bank currencies. Beau wants to use distributed ledger technology (DLT), and France is mulling a central bank digital currency.

Digital Currency 40

Digital Currency Central Bank Distributed Ledger Technology (DLT) Money Laundering 40

CB Insights

FEBRUARY 22, 2018

Digitized, secure, and tamper-proof blockchain ledgers are promising to disrupt the database as we know it. We previously analyzed the 35+ industries where burgeoning blockchain startups are looking to make an impact. What is blockchain technology? Become an expert on blockchain in this briefing.

Blockchain 78

Blockchain Distributed Ledger Technology (DLT) Cryptocurrency Legal 78

PYMNTS

NOVEMBER 25, 2020

To that end, a Bank for International Settlements ( BIS ) study concludes that “embedded regulation” might offer a solution for stablecoins, defined as cryptocurrencies with values tied to fiat currencies or other assets.

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Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Fintech News

JANUARY 30, 2024

Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). Tokenisation and Blockchain to Secure Transactions The tokenisation market and blockchain-based decentralised finance (DeFi) systems are gaining significant traction in the payments sector.

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Payments Trends Digital Currency Cross-Border Payments Instant Payments 99

The Fintech Times

MAY 16, 2024

Tassat, the private permissioned blockchain-based B2B real-time settlement platform, has announced a partnership with Glasstower Digital, a fintech facilitating cross-border B2B remittances. The partnership will equip Glasstower with Tassat’s blockchain-based tech stack for its multinational corporate users.

FinTech 64

FinTech Distributed Ledger Technology (DLT) Embedded Finance Cross-Border 64

PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. “The Mastercard. Reports said the filing, dated Nov. 9 with the U.S.

Blockchain 52

Blockchain Distributed Ledger Technology (DLT) Visa Real Time Payments 52

PYMNTS

NOVEMBER 3, 2020

Plus, blockchain projects move closer to launch in the U.S. By looping into existing rails, OpenPayd's technology can support instant settlement for businesses operating in multiple parts of the world. Chase Creates New Blockchain Unit. In the latest show of support for distributed ledger technology, J.P.

Use Case 56

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

PYMNTS

JUNE 20, 2019

Carney also noted in published remarks , according to Coindesk , that consortia “propose to issue digital tokens that are fully backed by central bank money, allowing instant settlement.” ” He noted that projects with distributed ledger technology (DLT) could unlock “billions of pounds in capital and liquidity.”.

Distributed Ledger Technology (DLT) 46

Distributed Ledger Technology (DLT) Regulations Non-Bank Money Laundering 46

PYMNTS

JUNE 13, 2018

While banks have been investigating and investing in distributed ledger technology (DLT) the team at Ripple does not believe that DLTs are likely to make an appearance any time soon when it comes to processing cross-border payments. The feedback from the banks is you can’t put the whole world on a blockchain.”.

Distributed Ledger Technology (DLT) 53

Distributed Ledger Technology (DLT) Transactions Cross-Border Blockchain 53

Global Fintech & Digital Assets

NOVEMBER 7, 2023

Tokenisation refers to the process of digitally representing an asset (or ownership of that asset) using distributed ledger technology (DLT) through the use of digital tokens. subscriptions and redemptions, and intermediaries can distribute such tokenised products to end-investors).

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Security Settlement Risk 52

PYMNTS

DECEMBER 5, 2018

By 1990, many countries had real-time gross settlement (RTGS) systems in place to rapidly clear and settle high-value transactions. De Lorenzo said that he expects blockchain to become more important, and, as such, SIA’s offering enables integration with solutions based on distributed ledger technology (DLT). “At

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Central Bank Instant Payments 40

PYMNTS

APRIL 30, 2018

Blockchain. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. In short, there seems to be, literally, nothing the blockchain cannot do.

FinTech 73

FinTech Blockchain Distributed Ledger Technology (DLT) FTC 73

Clearly Payments

AUGUST 29, 2024

A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank. Wholesale CBDCs could enhance the efficiency of the financial system by reducing settlement times and lowering costs. What Are CBDCs?

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

PYMNTS

DECEMBER 6, 2017

Nearly every day, it seems, another technology company announces its vision for blockchain. But highly specialized startups aren’t the only ones playing around with distributed ledger technology (DLT). One of the largest question marks plaguing blockchain is the uncertainty over incoming regulation.

Blockchain 50

Blockchain Distributed Ledger Technology (DLT) Third-Party Service Provider Governance 50

PYMNTS

JULY 31, 2019

Blockchain and AI to the Rescue. Some payments providers are also leveraging blockchain and distributed ledger technology (DLT) to meet these needs, expediting the cross-border payment process. Canadian payments network Interac is also investing in blockchain and DLT solutions.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

PYMNTS

JULY 30, 2018

IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a proof of concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform for the financial services industry.

Distributed Ledger Technology (DLT) 40

Distributed Ledger Technology (DLT) Blockchain Value Added Service Reconciliation 40

PYMNTS

DECEMBER 9, 2019

Esser highlighted three key areas with major opportunities for improvement in the credit union market, with CULedger finding blockchain a promising technology to address them. Third is the exchange of value — which includes payments, Esser noted, but also incorporates other concepts of value like settlement, or even member loyalty.

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Credit Union Cross-Border Electronic Funds Transfer (EFT) Distributed Ledger Technology (DLT) 54

PYMNTS

SEPTEMBER 3, 2018

In the continuing swirl of headlines that seem to blur and blend cryptos, blockchains and developing nations, a number of collaborations between large tech firms, traditional financial institutions (FIs) and FinTech upstarts stood out. Blockchain technology, he said, may boost transparency between trading firms.

Blockchain 41

Blockchain API Distributed Ledger Technology (DLT) Cross-Border 41