Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech News

AUGUST 12, 2024

DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.

Treasury 80

Treasury Blockchain Cross-Border Payments Multi-Currency 80

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.

Central Bank 74

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 74

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.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Finovate

NOVEMBER 7, 2024

Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.

Real Time Payments 52

Real Time Payments Cross-Border Payments Payment APIs and Integration Cross-Border 52

Fintech News

JULY 14, 2024

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

Cross-Border 101

Cross-Border Correspondent Bank Multi-Currency Settlement 101

PYMNTS

OCTOBER 25, 2019

Enterprise software firm SAP is 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. A press release issued on Thursday (Oct. A press release issued on Thursday (Oct.

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Settlement Distributed Ledger Technology (DLT) Blockchain 40

Fintech News

NOVEMBER 12, 2024

However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.

FinTech 79

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 79

Fintech News

MAY 21, 2024

The report, based on a survey of over 50 financial institutions across Asia, reveals that the digital assets space is poised for significant growth as institutional investors seek to diversify their portfolios and capitalise on the benefits of blockchain technology. of respondents predicting their growth in the coming years.

Settlement 135

Settlement Cryptocurrency Blockchain Digital Currency 135

CoinRemitter

MARCH 20, 2024

The combination of AI and blockchain may fix all the hesitance and make crypto payments look more reliable than now. Let’s see how AI in blockchain can affect and what factors can cause an improved experience of accepting crypto payments. Generally, blockchains are isolated, which is good for security purposes.

Blockchain 40

Blockchain AI Fraud Detection Payment Gateways 40

PYMNTS

AUGUST 1, 2019

Such experiences require payments interoperability, which can be a significant challenge due to changing technologies and regulations. Many initiatives are currently underway around the globe to push such efforts along, meaning interoperability may not be as far off as once thought. What is payments interoperability?

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

Fintech News

JULY 16, 2024

Launched on Ethereum in February 2024, XUSD is available as an ERC-20 token with plans to expand to other blockchain networks and DeFi protocols. Tianwei Liu Tianwei Liu, CEO and Co-founder of StraitsX said, “The launch of XUSD and our recent MPI licences represent major steps forward in simplifying and securing payment settlements.

Stablecoins 100

Stablecoins Security Cross-Border Settlement 100

PYMNTS

APRIL 29, 2019

An interoperable cross-border solution could remove these frictions and provide smooth transfers between two real-time payment systems, while a single, globally accessible faster payments service could offer swift end-to-end transfers. Smooth communications between players must be supported if payment schemes are to be interoperable.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

The Fintech Times

OCTOBER 11, 2024

Bridging the worlds of fiat currencies and blockchain, Visa , the digital payments firm, has launched its new Visa Tokenized Asset Platform (VTAP). The new Visa product is designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Near Real-Time Participant 52

Fintech News

DECEMBER 11, 2023

The first being the indirect model, where commercial banks manage CBDC wallets and settlements directly on the UDPN, while the central bank handles wholesale settlement between commercial banks and keeps all transaction records. The PoC explored two models. Globally, over 130 countries are exploring, developing, or have launched CBDCs.

CBDC 104

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 104

The Fintech Times

SEPTEMBER 12, 2024

Considering blockchain and tokenisation Attention turned to tokenisation for the next panel session, as George Gvazava , chief crypto officer at the Bank of Georgia , revealed his thoughts on the benefits of blockchain: “If the regulation permits fully what blockchain technology delivers, we could actually see our world become a better place.

Central Bank 63

Central Bank Financial Inclusion Blockchain Interoperability 63

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.”

Stablecoins 102

Stablecoins Cross-Border Cross-Border Payments Blockchain 102

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.

Participant 45

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

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. With the expansion of blockchain, this is likely not a one-off competition. The Blockchain Startup Contest is the very thing that the industry needs.

Blockchain 77

Blockchain Regulations Distributed Ledger Technology (DLT) Fed 77

The Fintech Times

MAY 16, 2024

Standard Chartered Bank (Hong Kong) Limited (SCBHK), the international cross-border bank, is making strides in the world of blockchain as it explores the operational and risk management benefits of tokenised deposits to support the settlement of tokenised assets.

Visa 74

Visa Blockchain Multi-Currency Cross-Border 74

PYMNTS

SEPTEMBER 26, 2017

Blockchain remains a hot topic among FinTech innovators, and now, more corporates are paying attention. 25), Windsor Holden, head of forecasting and consultancy at Juniper Research, said the survey showed a “dramatic” increase in the awareness of blockchain technology among corporates.

Research 50

Research Blockchain Interoperability Settlement 50

PYMNTS

AUGUST 3, 2020

’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Treasury Settlement 117

PYMNTS

JULY 2, 2018

Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. But the group also acknowledges that blockchain technology is not yet sufficiently developed to actualize its effect in the corporate finance space.

Blockchain 40

Blockchain Interoperability Settlement Finance 40

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

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 58

Cross-Border Cross-Border Payments Interoperability Payments 58

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. Everyone is talking about blockchain and no one wants to be left behind.”. Seems everyone is getting into the act.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability. 136), regtech (119) and investments and wealthtech (82).

FinTech 96

FinTech Cross-Border CBDC Web 3.0 96

Fintech Finance

MAY 16, 2024

Standard Chartered Bank (Hong Kong) Limited (“SCBHK”) has partnered with Mox Bank Limited (“Mox”), Mastercard and Libeara on a proof-of-concept (“POC”) pilot exploring the operational and risk management benefits of tokenized deposits to support the settlement of tokenized assets.

Visa 52

Visa Multi-Currency Authorization Innovation 52

PYMNTS

MARCH 15, 2019

Among the new members is blockchain company R3, according to Bitcoin Exchange Guide reports on Thursday (March 14), which will be represented in the Council by the firm’s Head of Trade and Supply Chain Alisa DiCaprio. “The ready availability of trade finance is a crucial ingredient to the success of U.S.

Finance 76

Finance Visa Blockchain Interoperability 76

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

Financial Inclusion 86

Financial Inclusion Office of the Comptroller of the Currency Blockchain OCC 86

CB Insights

MARCH 21, 2018

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Each step in this collaborative process represents a potential point of failure in the overall system, where information can be lost, policies misinterpreted, and settlement times lengthened. First Name.

Blockchain 78

Blockchain Audit Process Risk 78

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

Blockchain 57

Blockchain Cross-Border Payments B2B Cross-Border 57

PYMNTS

JANUARY 30, 2019

The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while, to ensure global integration and interoperability, it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.”.

SWIFT 60

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

PYMNTS

AUGUST 21, 2020

As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. Interoperability Is Key. To get there, interoperability is key, said Cunha. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

PYMNTS

JANUARY 30, 2019

The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while to ensure global integration and interoperability it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.”.

SWIFT 46

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

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. THE FUTURE OF BLOCKCHAIN TECH. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. in February.

Blockchain 75

Blockchain Technology Cryptocurrency Use Case 75

PYMNTS

DECEMBER 3, 2019

“For example, some freelance marketplaces, survey websites and affiliate marketing businesses are paying out funds using gift cards or store credits in order to avoid pricey cross-border fees and slow settlement times, which sometimes don’t support certain local currencies or bank account payouts.”. A Borderless Blockchain.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53