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Credit Unions Find Opportunity In Payments Disruption

PYMNTS

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. The CUPay solution will initially support EFTs — which include ACH transfers and wires — between credit unions. credit union and an international credit union.”

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Indonesia Completes Rupiah Digital PoC, Advancing Wholesale CBDC Exploration

Fintech News

Bank Indonesia has announced the successful completion of the Proof of Concept (PoC) for the wholesale Rupiah Digital under its Garuda Project. This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC).

CBDC 111
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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.