BitPay

APRIL 25, 2023

Stablecoins help bridge the gap between fiat currency and crypto. Businesses can quickly move money without crypto’s usual price volatility, while still conducting secure, low-cost financial transactions without centralized intermediaries like governments or banks. Stablecoins are not mined or minted like other cryptocurrencies.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system. The PoC explored two models.

CBDC 89

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 89

PYMNTS

SEPTEMBER 16, 2019

Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. Fnality International was also questioned about its coin.

Stablecoins 50

Stablecoins Central Bank Federal Reserve Cryptocurrency 50

PYMNTS

DECEMBER 10, 2019

Policymakers at the European Central Bank (ECB) will meet in Frankfurt on Wednesday (Dec. Lagarde has vocalized that she favors central banks releasing electronic money. Bank of England Governor Mark Carney has even implied that an international central bank coin could supersede the U.S.

Central Bank 54

Central Bank Digital Currency Federal Reserve Stablecoins 54

The Fintech Times

FEBRUARY 27, 2024

Having looked at some of the biggest technologies to impact the payments world, like buy now pay later (BNPL) and central bank digital currencies (CBDCs) , we now look to the future and what the next trend may be. For businesses, A2A payments promise higher conversion rates, reduced transaction costs, and real-time settlement.

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

PYMNTS

FEBRUARY 28, 2020

The Deputy Governor of the Bank of England (BoE), Jon Cunliffe, said on Friday (Feb. 28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. The Central Bank of China is not a part of the group, although it is releasing a digital currency of its own.

Digital Currency 95

Digital Currency Stablecoins Central Bank Money Laundering 95

Fintech News

JANUARY 23, 2024

The Bank for International Settlements (BIS) has recently announced a new series of projects for its 2024 Innovation Hub programme. Payments and financial security One of the key projects is Project Leap, overseen by the bank’s Eurosystem Centre.

Innovation 94

Innovation Cross-Border Payments CBDC Finance 94

PYMNTS

APRIL 9, 2020

Payments FinTech Sila offers an Infrastructure-as-a-Service platform to help companies more seamlessly integrate compliant payments capabilities within their solutions via application programming interface (API), with an integrated stablecoin, SILA. The company recently announced $7.7 ”

Payment APIs and Integration 83

Payment APIs and Integration Central Bank SWIFT FinTech 83

CoinRemitter

JULY 9, 2024

From efforts to boost oversight of stablecoin arrangements, to focus on the DeFi space, 2024 promises to be a year of crypto regulatory developments. Stablecoins will take Center Stage Stablecoins are gaining traction among financial institutions worldwide, attracting the attention of regulators also in 2024.

Stablecoins 40

Stablecoins Financial Crimes Cryptocurrency Money Laundering 40

PYMNTS

JULY 14, 2020

An international association for central banks has issued a report that “aims to make lasting improvements in cross-border payments.” The move by the Bank for International Settlements (BIS) comes as Facebook gears up to launch a cryptocurrency, Libra.

Cross-Border Payments 60

Cross-Border Payments Cross-Border Central Bank Financial Inclusion 60

PYMNTS

MAY 22, 2020

The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

Digital Currency 64

Digital Currency Cross-Border Settlement Central Bank Cross-Border 64

PYMNTS

JULY 14, 2020

An international association for central banks has issued a report that “aims to make lasting improvements in cross-border payments.” The move by the Bank for International Settlements (BIS) comes as Facebook gears up to launch a cryptocurrency, Libra.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Central Bank Payments 52

PYMNTS

SEPTEMBER 19, 2019

The various debates over crypto – security, volatility, their place within, or outside of, the central banking system – are far from settled. And against that backdrop comes … a new settlement coin. Settlement Coins, Coin of (Part) of Banking Realm. Wells Fargo said Wednesday (Sept. Also on Wednesday (Sept.

Multi-Currency 49

Multi-Currency Settlement Cross-Border Central Bank 49

PYMNTS

JUNE 10, 2020

Maxwell Opoku-Afari, the bank’s first deputy governor, reportedly said during a digital workshop that the bank remains steadfast in facilitating innovation and piloting ideas like a central bank cryptocurrency. A unit in the central bank’s banking department supervised the area prior to 2016.

Digital Currency 53

Digital Currency Accounts Money Laundering Central Bank 53

PYMNTS

MAY 22, 2020

The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

Digital Currency 56

Digital Currency Cross-Border Settlement Bitcoin Central Bank 56

Global Fintech & Digital Assets

FEBRUARY 26, 2024

The Consultation Paper comes shortly after the Financial Services and the Treasury Bureau and the HKMA issued a consultation paper in December 2023 outlining their legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ). reference assets). reference assets).

Consulting 52

Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends 99

Payments Trends Digital Currency Cross-Border Payments Instant Payments 99

CB Insights

NOVEMBER 5, 2020

Payments: This category includes companies working on tech like payment currencies, stablecoins (cryptocurrency pegged to the value of a non-volatile asset like the dollar), and real-time gross settlement (RTGS) systems that can enable transactions within a DLT-based capital markets framework.

Real Time Gross Settlement (RTGS) 98

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

The Fintech Times

DECEMBER 14, 2023

Salim Dhanani, co-founder and CEO of Pave Bank Salim Dhanani , co-founder and CEO of Pave Bank commented: “We have set out to address limitations of today’s financial system that lacks transparency, remains restricted to certain time-windows (clearing and settlement, for example) and is riddled with intermediaries.

Economy 59

Economy Finance Multi-Currency Regulations 59

The Fintech Times

JULY 15, 2024

In this article, Akshata Namjoshi, Kabir Kuma, and Ahlam Faouzi from KARM Legal Consultants , the emerging technologies-focused law firm, provide an in-depth analysis of the UAE’s regulatory landscape for stablecoins. Additionally, stablecoins are increasingly being explored for use in payments due to their stability and efficiency.

Stablecoins 96

Stablecoins Regulations Multi-Currency Issuers 96

Fintech News

JANUARY 9, 2024

Source: Monetary Authority of Singapore Several nations within the APAC region, including Singapore and Japan , are actively exploring Web3 digital assets and stablecoins. The central bank of Singapore has announced plans to pilot the issuance and use of wholesale central bank digital currencies (CBDCs) in the coming year.

APACS 78

APACS FinTech Digital Currency Blockchain 78

Clearly Payments

FEBRUARY 14, 2024

billion by 2027 , reflecting the indispensable role of these technical maestros in managing transaction authorization and settlement. Payment Processors: These companies handle transaction authorization and settlement, ensuring smooth data exchange. Furthermore, global payment volume reached a staggering $31.7

Payments 104

Payments BNPL ISOs Value Added Service 104

Fintech News

APRIL 10, 2024

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions.

Stablecoins 104

Stablecoins Regulations Risk Mitigation Digital Currency 104

PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The central banks working with the BIS include the European Central Bank, the Swiss National Bank and Bank of Japan.

Digital Currency 104

Digital Currency Central Bank Fed Federal Reserve 104

Wharton Fintech

FEBRUARY 26, 2024

We have done a lot of work with blockchain technology, particularly stablecoin. We have been working with governments on what is called central bank digital currency, or CBDC. So, we have prototyped things like “how do you settle in a stablecoin versus a traditional fiat currency”.

Visa 52

Visa Technology Payments Encryption 52

The Fintech Times

FEBRUARY 19, 2024

This is especially true if fees are ultra-high and settlement periods are lengthy. For years, banks and payment providers have had to rely on SWIFT in Europe to transfer funds which can be costly and time-consuming. “Additionally, central banks are exploring innovative solutions such as CBDC privacy (e.g,

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

Fintech News

DECEMBER 20, 2023

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots.

FinTech 80

FinTech Cross-Border CBDC Central Bank 80

PYMNTS

NOVEMBER 2, 2020

Beyond the most immediate challenges, we’re headed into a longer-term evolution where digital payments are paving the way for the adoption of digital currencies, spanning, as Webster noted, crypto, digital bitcoin, digital dollars and stablecoins. That’s where the market’s going.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

Finovate

AUGUST 23, 2024

Nigeria’s Afrigopay launched instant POS settlement for AfriGO card transactions. Central and Eastern Europe Germany’s Upvest announced a partnership with Deutsche Bank. Central and Eastern Europe Germany’s Upvest announced a partnership with Deutsche Bank.

AI 64

AI Advisors Cross-Border Cross-Border Payments 64

PYMNTS

JUNE 30, 2020

Charles Cascarilla, CEO and co-founder of stablecoin company Paxos, said stablecoins and digital central-bank currencies are “critical” for financial infrastructure. But the rise of Facebook’s Libra cryptocurrency and other stablecoins have shown some concerns over risks to the financial system’s stability.

Stablecoins 124

Stablecoins Financial Inclusion Online and Mobile Banking Federal Reserve 124

PYMNTS

OCTOBER 30, 2017

I’m going to tell you how: The “company” you’re keeping is also being sued for market manipulation of false and misleading comments on bitcoin, as well as being fined $13 billion as settlement for mortgage fraud: [link].

Bitcoin 51

Bitcoin Cryptocurrency Blockchain Use Case 51

Finovate

JANUARY 31, 2024

lags behind its peers when it comes to central bank digital currencies (CBDCs), and learn about U.S. Swiss digital asset bank Sygnum scores new funding Has crypto winter yielded to the year’s first crypto unicorn? interbank settlement system compared to similar systems in Europe that were deployed sooner.

CBDC 64

CBDC PayPal Cryptocurrency Interbank Settlement 64