Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC 105

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 105

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

Participant 44

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 44

The Fintech Times

AUGUST 6, 2024

Similar to other regions across Asia, mobile payments are now preferred as a payment method over card payments by 70 per cent of Thai consumers. QR codes have also become a popular payment method in Thailand. Supporting startups Thailand is also investing significant resources into its wider startup ecosystem.

FinTech 113

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 113

PYMNTS

NOVEMBER 27, 2019

Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). DLT would also help in terms of cross-border payments, he said. The ECB has been open to the idea, and could already be experimenting.

Central Bank 94

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

Fintech News

JANUARY 30, 2024

Super apps with embedded finance capabilities have been one of the dominant payments across Asia even before 2024. So what are five of the pivotal payment trends in Asia heading into 2024, and how will they be a difference maker?

Payments Trends 113

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 113

PYMNTS

NOVEMBER 25, 2020

“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. Ample was awarded the MAS FSTI Innovation Acceleration grant for excellence in fintech.

FinTech 110

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 110