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 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

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

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 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

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.

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

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

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

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

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 138

Settlement Cryptocurrency Blockchain Digital Currency 138

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

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 106

Cross-Border Correspondent Bank Multi-Currency Settlement 106

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.

B2B 104

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

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

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

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

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

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. Please click to enlarge.

Real Time Gross Settlement (RTGS) 98

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

PYMNTS

OCTOBER 11, 2018

TheCCpress reported this past week that, according to remarks made by Santander Chief Technology Officer Ed Metzger at a California conference, combining OnePay FX and RippleNet might help speed cross-border processes. Poland, Brazil and Spain — and is looking to bring Ripple on as a preferred settlement choice.

Settlement 77

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

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.

Blockchain 65

Blockchain Wires Wire Near Real-Time 65

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. Mentions of the technology in public company earnings transcripts also dropped off.

Blockchain 79

Blockchain Cryptocurrency Cross-Border Payments Correspondent Bank 79

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

Finextra

JUNE 28, 2024

A new wave of technology and digitalisation is emerging, and with this, and the way in which data and analytics is leveraged is also changing. The discussion explores the critical technology of the future, which includes AI, cloud and blockchain settlement, in addition to the regulations that are setting the guardrails for innovation.

Settlement 52

Settlement Blockchain AI Regulations 52

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.

Blockchain 75

Blockchain Treasury Settlement Payments Tools 75

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.

Blockchain 75

Blockchain Technology Cryptocurrency Use Case 75

PYMNTS

OCTOBER 20, 2017

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. Mastercard is not the only firm delving into blockchain.

Visa 84

Visa Blockchain B2B Payment APIs and Integration 84

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

JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. The actual clearing and settlement layers have not shifted in like 40 or 50 years,” he said.

Blockchain 77

Blockchain Settlement Bitcoin Law Enforcement 77

PYMNTS

MAY 16, 2020

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. Credit card giant Visa has filed an application for a U.S. The system would then remove the paper currency from circulation.

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Government Governance Blockchain Request for Comment 128

PYMNTS

FEBRUARY 9, 2019

Enterprise blockchain platform XinFin is joining the R3 consortium, with the R3 Corda marketplace hosting several XinFin apps for business users, the companies said in a press release Friday (Feb. Financial institutions that use the R3 Corda blockchain platform can gain access to and integrate these apps.

Blockchain 79

Blockchain Money Laundering Finance Settlement 79

PYMNTS

NOVEMBER 15, 2019

Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. The technology supports real-time invoicing, payments and settlement from directly within the portal, which can be accessed via web or mobile device, according to the press release.

Payment Networks 60

Payment Networks Blockchain Payments Reconciliation 60

The Fintech Times

MAY 16, 2024

Jeff Sekinger, CEO and founder at Nurp LLC “Artificial intelligence and machine learning are increasingly pivotal in asset management, arguably standing as some of the most transformative technologies in the field. “As these technologies continue to develop, their potential to revolutionise how asset managers operate is immense.

Innovation 80

Innovation Blockchain Stablecoins AI 80

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

DECEMBER 22, 2021

Axletree and Roxe have partnered to deliver cross-border payments with blockchain technology, making use of the former’s marketplace and Roxe’s Instant Settlement Network.

Cross-Border Payments 34

Cross-Border Payments Blockchain Cross-Border Settlement 34

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. This gives those insurance companies involved in the trial the ability to communicate more effectively via blockchain technology’s ability to automate these pertinent aspects of the insurance process. SR: Impact is slow but expansive.

Blockchain 50

Blockchain Use Case Settlement Digital Currency 50

PYMNTS

JUNE 10, 2020

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. Digitization in banking is on the rise due to the pandemic, which has seen people and businesses flocking to digital forms of financial services.

Blockchain 53

Blockchain Payment APIs and Integration Reconciliation Cross-Border 53