Fintech News

DECEMBER 9, 2024

Rather than shying away from the complexities of the digital asset revolution, the city-state is actively embracing the potential of tokenisation and cryptocurrencies. The GFF aims to simplify the process of incorporating new tokenised funds and help achieve efficiencies in fund settlement.

Cryptocurrency 114

Cryptocurrency Cross-Border Consumer Protection Facilitators 114

CoinRemitter

MARCH 28, 2025

The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrency payments for more efficiency.

Stablecoins 52

Stablecoins Payment Gateways Gateways Cryptocurrency 52

The Fintech Times

JANUARY 2, 2025

Catalysing business growth by integrating crypto payments into the retail sector, cryptocurrency exchange KuCoin has launched a new merchant solution, KuCoin Pay. KuCoin Pay will reduce transaction fees and facilitate immediate settlement of crypto payments, aligning with the company’s goal of enhancing the blockchain ecosystem.

Payment Solutions 81

Payment Solutions Bots Payments Blockchain 81

Stax

MARCH 18, 2025

Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies. Speed of transactions and fund settlement Payment settlement speed impacts your business cash flow.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Tearsheet

FEBRUARY 27, 2025

Several years ago, we began testing cryptocurrency transfers to better understand the technology as it relates to payments and immediately saw the value it could provide, says May Zabaneh, VP of Product at PayPal. ” Even cryptocurrencies built around decentralization are beginning to see anonymity fade.

PayPal 72

PayPal Payments Privacy Digital Currency 72

Fintech News

MAY 21, 2024

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Cryptocurrencies followed closely behind CBDCs, with 23.5% Institutional investors focus on digital assets.

Settlement 139

Settlement Cryptocurrency Blockchain Digital Currency 139

PYMNTS

JULY 5, 2017

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing , has launched its platform. Our platform will dramatically streamline invoice issuance and settlement processes, optimizing small and medium enterprises’ ability to access liquidity for day-to-day operations and to finance expansion.”.

Cryptocurrency 86

Cryptocurrency Finance Blockchain Small Business 86

Finovate

NOVEMBER 6, 2024

The partnership will enable users of Ingenico’s platform globally to accept payments in cryptocurrency. ” The partnership between Fenergo and Boerse Stuttgart Digital will speed the onboarding of banks, brokers, and asset managers ready to launch their own cryptocurrency and digital asset offerings. .

Blockchain 64

Blockchain Cryptocurrency SWIFT Payments 64

The Fintech Times

MARCH 25, 2025

Keepz was the first fintech in Georgia to acquire an open banking licence and integrate cryptocurrency payments into tax collection. Businesses leveraging Keepzs payment solutions also benefit from instant settlements and access to a global customer base increasingly embracing decentralised finance.

Digital Currency 64

Digital Currency Facilitators Payer Payments 64

Fintech News

MARCH 17, 2025

Ripple Labs has filed a trademark application for “Ripple Custody,” indicating a move into cryptocurrency custody services, Cointelegraph has learned. This move follows Ripple s October 2024 launch of its custody service, marking an expansion beyond its core payment settlement operations.

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Security Cryptocurrency Mitigation Settlement 120

The Fintech Times

NOVEMBER 6, 2024

” “We are on a mission to make it easier for people to use cryptocurrency in real-world payment scenarios and our partnership with Ingenico will go a long way to bringing crypto out of the web and increase its adoption as a powerful payment tool,” added Eric Anziani , president and COO of Crypto.com.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

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

Finovate

DECEMBER 17, 2024

Stablecoins, which are cryptocurrencies pegged to fiat or a physical asset, have the potential to bring significant value to users. They offer greater accessibility compared to traditional banking systems, while also mitigating the volatility typically associated with other cryptocurrencies.

Stablecoins 59

Stablecoins Cross-Border Payments SWIFT Cross-Border 59

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

PYMNTS

OCTOBER 11, 2018

In news that may be separated from the vagaries of cryptocurrency trading, Banco Santander said this week that it will use Ripple’s ledger, bringing payments across the bank’s OnePay FX platform. 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

Fintech News

FEBRUARY 2, 2025

Inspired by the “Finternet” concept introduced by the Bank for International Settlements (BIS) in April 2024, the Pathway 2035 guide explores four transformative themes shaping the financial landscape: artificial intelligence (AI), digital assets, digital trust and quantum-safe technologies.

Innovation 131

Innovation Finance AI Encryption 131

The Payments Association

MARCH 19, 2025

Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. As digital assets continue to gain traction, payment networks must evolve to accommodate rising transaction volumes, evolving regulatory frameworks, and the growing demand for real-time settlement.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

PYMNTS

SEPTEMBER 9, 2020

9) news release, Mastercard said a recent survey revealed 80 percent of central banks are engaged in some form of CBDCs, while 40 percent have moved from research to experimenting with concept and design, according to by the Bank for International Settlements. In a Wednesday (Sept.

Central Bank 132

Central Bank Digital Currency Visa CBDC 132

Fintech Finance

AUGUST 7, 2024

This collaboration brings together two of the most trusted and reliable fintech brands in the world, allowing consumers across the EU to easily purchase cryptocurrencies directly. With this partnership, Bitstamp will manage the fiat currency to cryptocurrency conversion and transfers to consumers.

Cryptocurrency 105

Cryptocurrency Bitcoin Settlement Digital Payments 105

Payments Source

MARCH 29, 2021

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

Settlement 88

Settlement Stablecoins Payment Networks Blockchain 88

Stax

MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. Vincent, the Grenadines, Anguilla, and Montserrat has issued Dcash, a cryptocurrency it guarantees and maintains.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Fintech News

DECEMBER 4, 2023

Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. This collaboration aims to facilitate cryptocurrency transactions for Independent Reserve’s business clients in Australia and New Zealand.

Digital Currency 107

Digital Currency Cryptocurrency Bitcoin Stablecoins 107

Fintech News

AUGUST 4, 2024

HashKey OTC supports spot trading, on/off ramp trades, and large notional trades with swift settlement options. The HashKey Group which operates a licensed cryptocurrency exchange in Hong Kong, recently closed its Series A funding round in January 2024, raising nearly US$100 million.

Payments Institute 110

Payments Institute SWIFT Payments Settlement 110

The Paypers

MARCH 29, 2021

Visa has announced it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, according to Reuters.

Settlement 74

Settlement Cryptocurrency Payment Networks Payments 74

The Payments Association

JANUARY 21, 2025

Their price stability, especially when fiat-backed, is proving vital for remittances, settlement processes, and even everyday payments. The report suggests that cryptocurrency adoption continues to grow, with ongoing transformations in payment infrastructure, including CBDCs and cross-border payments. and Brazil.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

JUNE 26, 2020

Securities and Exchange Commission (SEC) settlement over an unsuccessful token offering, Coindesk reported. The company will also tell the agency about any intentions for any kind of cryptocurrency issuance in the three years to come. Telegram consented to a $18.5 million penalty in a U.S. Telegram will also have to pay a $1.22

Money Laundering 103

Money Laundering AML Bitcoin Cryptocurrency 103

PYMNTS

JANUARY 24, 2020

In a move that signals Tokyo’s concern regarding China’s effort to make a digital yuan, as well as Facebook’s Libra, a collection of ruling party legislators is crafting a proposal for Japan to create its own cryptocurrency.

Digital Currency 100

Digital Currency Central Bank Cryptocurrency Governance 100

The Fintech Times

OCTOBER 29, 2024

OKX, a cryptocurrency exchange and global onchain technology company, has teamed up with Standard Chartered, appointing the international cross-border bank as its third-party crypto custodian for its global institutional business. Bitget , the cryptocurrency exchange and Web3 company, appoints Min Lin as its chief business officer.

FinTech 64

FinTech Embedded Finance Multi-Currency Non-Bank 64

PYMNTS

DECEMBER 30, 2020

15 outlining the arguments and legal bases for the case, potential motions, and the likelihood of a settlement. . The legal status of XRP has been debated in and around the cryptocurrency landscape. The order asks that the parties file a joint statement by Feb. Ripple said in a statement on Tuesday (Dec.

Legal 130

Legal Settlement Cryptocurrency Bitcoin 130

Fintech News

MARCH 17, 2024

Yi He, another co-founder of Binance, leads Binance Labs, which has made significant investments in the cryptocurrency sector since its inception in 2018. The shift comes on the heels of increased scrutiny faced by Binance, especially after agreeing to a hefty settlement of US$4.3 billion with U.S. regulators last November.

Settlement 105

Settlement Blocks Adjustments Cryptocurrency 105

Fintech News

MAY 1, 2024

Changpeng Zhao, the founder and former CEO of Binance , the world’s largest cryptocurrency exchange, has been sentenced to four months in prison by U.S. billion settlement to resolve charges related to money laundering and sanctions law violations. District Judge Richard Jones in Seattle, according to Bloomberg.

Money Laundering 107

Money Laundering Cryptocurrency Settlement Breach 107

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. ius noted, this is often because the heart of the cryptocurrency industry is often at odds with the nuances of regulation.

Cryptocurrency 113

Cryptocurrency Cross-Border Compliance AML 113

Payments Source

DECEMBER 13, 2020

From brokering insurance contracts to financial settlements, smart contracts could bring immense innovation to CBDCs that otherwise would act as little more than an augmented medium of exchange, says Cypherium's Sky Guo.

Central Bank 133

Central Bank Innovation Settlement Federal Reserve 133

Clearly Payments

AUGUST 24, 2024

According to the Bank for International Settlements (BIS), 114 central banks, representing over 95% of global GDP, were engaged in some form of CBDC research or development by the end of 2023. Digital cash, whether in the form of cryptocurrencies or central bank digital currencies (CBDCs) , promises to redefine the future of money.

Debit Card 105

Debit Card P2P Cross-Border Central Bank 105

The Paypers

OCTOBER 28, 2024

Bankrupt cryptocurrency exchange FTX has reached a settlement to withdraw its lawsuit against Bybit, its executives, and the investment firm Mirana.

Settlement 68

Settlement Cryptocurrency 68

CB Insights

OCTOBER 29, 2020

Pioneers in this space aim to create streamlined and more transparent capital markets infrastructure by developing services like asset tokenization (using DLT to prove ownership of securities), settlement services, compliance solutions, and more. One such company is Paxos, which offers custody, payment, and clearing & settlement services.

Real Time Gross Settlement (RTGS) 101

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

PYMNTS

DECEMBER 4, 2020

They convert their fiat currency into cryptocurrency, which middlemen in Cuba then bid on and pay for in cash to the sellers’ family members in Cuba. In other news, the Bank for International Settlements (BIS) announced Thursday (Dec. The middleman gets a commission fee from the exchange, and BitRemesas takes a percentage as well.

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CBDC Cryptocurrency Bitcoin Central Bank 61