Finextra

JUNE 26, 2024

Boerse Stuttgart Group is the only exchange operator in Europe to have successfully applied for the second wave of the European Central Bank's (ECB) EU-wide tests, in which the settlement of blockchain-based financial transactions against central bank money is being explored.

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Participant Blockchain Central Bank Settlement 59

The Fintech Times

AUGUST 14, 2024

Eight years ago, Australia’s largest market operator unveiled plans to overhaul its aging trade settlement system with a blockchain-powered platform. The decision to use blockchain technology was particularly bold, as it promised to shake up how transactions were processed and recorded.

Blockchain 64

Blockchain Participant Settlement Disputes 64

The Paypers

MARCH 6, 2024

BRICS has made efforts to create payment system based on digital currencies and blockchain to reduce reliance on US dollars in settlement.

Blockchain 69

Blockchain Digital Currency Settlement Payments 69

The Fintech Times

SEPTEMBER 10, 2024

Three Finstreet subsidiaries will be the first regulated, global market infrastructure to offer an end-to-end hybrid traditional and blockchain-powered ecosystem to investors and issuers. It will offer the full lifecycle of financial assets, including origination, issuance, trading, settlement and custody.

Issuers 64

Issuers Blockchain Participant Regulations 64

PYMNTS

JUNE 3, 2019

The crypto token they are developing will be called the utility settlement coin, or USC. million) in the company tasked with developing the coin and the settlement system, Fnality International. With a blockchain-based system, all the functions performed by intermediaries are theoretically baked into the transaction itself.

Settlement 53

Settlement Blockchain Cross-Border Cross-Border Settlement 53

Fintech News

SEPTEMBER 11, 2024

Its blockchain interoperability experiments have demonstrated that Swift’s infrastructure can support the transfer of tokenized value across both public and private blockchains. This advancement could allow real-time exchanges of tokenised assets and payments on the Swift platform.

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SWIFT Multi-Currency CBDC Interoperability 143

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

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

PYMNTS

SEPTEMBER 20, 2020

ECS Fin , which works in transaction processing optimization, will launch a pilot program to test the integration of blockchain services of Apifiny 's Roxe network to help companies save time and costs on B2B payments, according to a press release.

Office of the Comptroller of the Currency 100

Office of the Comptroller of the Currency Blockchain Cross-Border Settlement Cross-Border 100

PYMNTS

JUNE 29, 2020

CertiK , an auditing firm, wants to bring Internet of Things (IoT) devices onto blockchain through its new partnership with Hdac , CoinDesk reports. Hdac’s blockchain platform will work to combine the tight authentication, seamless mapping and machine-to-machine transactions with a network containing IoT devices.

Settlement 67

Settlement Blockchain Security Audit 67

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.

Blockchain 101

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

The Fintech Times

AUGUST 28, 2024

Through the project , HKMA explores financial market infrastructure that facilitates seamless interbank settlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbank settlement using experimental tokenised money, focusing on transactions involving these tokenised assets.

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Interbank Settlement CBDC Settlement Use Case 134

Payments Source

MARCH 29, 2021

dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system. ]]. said its payments network will use a stablecoin backed by the U.S.

Settlement 88

Settlement Stablecoins Payment Networks Blockchain 88

Payments Source

DECEMBER 23, 2018

1 will open its Signet Platform to support real-time settlement for commercial payments. The bank is collaborating with truDigital Holdings, a New York-based blockchain infrastructure, exchange and settlement technology company. Signature Bank on Jan.

Blockchain 109

Blockchain Settlement Payments Technology 109

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 86

Cross-Border Correspondent Bank Multi-Currency Settlement 86

Payments Source

MAY 29, 2019

A trial project using blockchain to transfer and settle securities and cash proved more costly and less speedy than the traditional way, Germany’s central bank president said.

Blockchain 65

Blockchain Settlement Central Bank Security 65

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 122

Settlement Cryptocurrency Blockchain Digital Currency 122

The Paypers

JANUARY 5, 2021

The US Office of the Comptroller of the Currency has given the green light to national banks and federal savings institutions to use public blockchains and stablecoins for settlement.

Office of the Comptroller of the Currency 41

Office of the Comptroller of the Currency Stablecoins Settlement Blockchain 41

Payments Source

OCTOBER 3, 2016

Blockchain and payments have come to go hand-in hand since it emerged to power bitcoin, but the real pain financial institutions are looking to solve is enhancing global currency transactions and shortening settlement cycles.

Blockchain 160

Blockchain Settlement Bitcoin Payments 160

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

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. The new banking options are largely built around blockchain technologies.

Settlement 61

Settlement Stablecoins OCC Cryptocurrency 61

Payments Source

SEPTEMBER 11, 2019

Mastercard and blockchain software provider R3 plan to test a new blockchain-enabled cross-border payments service to connect global faster payments rails supported by a Mastercard-operated clearing and settlement network.

Visa 73

Visa Blockchain Cross-Border Payments Cross-Border 73

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

PYMNTS

AUGUST 26, 2016

Several major banks that have been exploring the use of blockchain are readying a test of a digital coin to settle transactions. The concept is known as Utility Settlement Coin , and UBS is slated to begin testing the tool, along with BNY Mellon, Deutsche Bank, ICAP and Santander, reports said this week.

Settlement 40

Settlement Blockchain Central Bank Correspondent 40

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

SEPTEMBER 9, 2020

The project, previously known as the Utility Settlement Coin initiative, involves 13 of the world's largest banks and would entail making digital versions of the U.S. The idea behind the project is to make more efficient ways for banks to settle transactions, replacing the often time-consuming paperwork and processes with a blockchain system.

Settlement 60

Settlement Digital Currency Blockchain Laws 60

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. Submit your application here before November 25.

Real Time Gross Settlement (RTGS) 98

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

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. The banks said the tests had completed 1.2

Settlement 77

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

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.

B2B 98

B2B Blockchain Cross-Border FinTech 98

CB Insights

JANUARY 22, 2020

Blockchain companies have lost a step in the private markets. GET the 47-page blockchain TRENDS report. Download the free report to learn about the biggest emerging trends in blockchain and strategies to watch for 2019. Still, investor activity shows there are pockets of potential in the blockchain sector worth tracking.

Blockchain 79

Blockchain Cryptocurrency Cross-Border Payments Correspondent Bank 79

The Paypers

NOVEMBER 13, 2018

(The Paypers) Singapore Exchange (SGX) together with the country’s Monetary Authority (MAS) have developed a settlement system for tokenized assets that can work across different blockchains.

Settlement 28

Settlement Authorization Blockchain 28

PYMNTS

MARCH 22, 2019

A new job posting has revealed that Facebook is looking to hire a lead commercial counsel for its blockchain initiatives. You will be responsible for drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.

Blockchain 59

Blockchain Bitcoin Posting Settlement 59

PYMNTS

JULY 3, 2019

ANZ , Commonwealth Bank , IBM , Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. We have created a blockchain-based platform to digitize the bank guarantee ecosystem.

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Blockchain Wires Wire Near Real-Time 65

PYMNTS

DECEMBER 12, 2018

In the world of blockchain phones, another name may crowd the pantheon. Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones.

Blockchain 54

Blockchain Settlement Participant Transactions 54

The Paypers

MAY 14, 2018

(The Paypers) Final stages of Project Jasper have revealed that blockchain tech can be used in automating instantaneous securities settlements.

Settlement 28

Settlement Blockchain Security Automation 28

The Paypers

MAY 3, 2021

DBS Bank , JP Morgan , and Temasek have partnered to create a new blockchain-based platform for payments, trade, and foreign exchange settlement, according to The Straits Times.

Blockchain 57

Blockchain Settlement Payments 57

PYMNTS

OCTOBER 30, 2018

Microsoft is reportedly partnering with Nasdaq on blockchain, in which its Azure blockchain services will integrate with Nasdaq’s Financial Framework. The partnership is aimed at creating a blockchain system to help technologies work together for Nasdaq customers. 30), noted the report.

Blockchain 75

Blockchain Treasury Settlement Payments Tools 75