This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In this week's roundup of payment rail innovation, PYMNTS finds B2B payments usecases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. In the latest show of support for distributedledgertechnology, J.P.
The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digitalcurrency, (CBDC) according to CoinDesk. Any bank can participate in the digitalcurrency initiative, Ledger Insights reported.
Using infrastructure developed by Visa within its Visa Direct service, Interchecks is leveraging its own platform to facilitate real-time transactions for corporate clients of First Horizon's treasury management solutions. Mastercard Leads Central Bank DigitalCurrency Test. Zero Hash Embraces Payment Rail Cooperation.
The age of digitalcurrencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Stablecoins also “have the potential to serve as a digital monetary instrument to embed in DLT applications, including for programmable money or smart contracts,” the paper added.
Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank DigitalCurrencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.
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). Central Bank DigitalCurrencies must therefore be able to work together quickly, easily and securely across national borders.
Distributedledgertechnology (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. Category Breakdown.
Categories are not mutually exclusive and companies are mapped according to primary usecase. As of August 2021, 5 different companies in this category raised funding rounds of at least $300M this year: Paxos, BlockFi, Blockchain.com , Fireblocks , and Ledger.
In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digitalcurrency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release.
Digital assets and digitalcurrencies continue to grow in popularity and demand. As regulations evolve to meet this demand, firms like R3 , the distributedledgertechnology (DLT) and services provider, are looking to make adoption as seamless as possible.
A Central Bank DigitalCurrency is a country’s official currency, presented in a digital form. CBDCs exist only in digital form and can be stored using compatible electronic devices, unlike physical and paper-based cash. If CBDCs go mainstream, they can dominate the world of digital payments.
Nearly every day, it seems, another technology company announces its vision for blockchain. But highly specialized startups aren’t the only ones playing around with distributedledgertechnology (DLT). Private sector innovators, meanwhile, continue to target enterprise usecases for their blockchain solutions.
As more payment usecases emerge from distributedledgertechnology (DLT), some solution providers are looking toward industry-specific applications of blockchain. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.
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 DigitalCurrency (CBDC).
The technology is particularly appealing for its potential to increase financial inclusion and empower unbanked populations like Sierra Leone. Major usecases include liquid staking and money lending, primarily supporting crypto investments. DeFi’s total value locked (TVL) stood at approximately $87.5 stock exchanges.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content