PYMNTS

DECEMBER 9, 2019

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 54

Credit Union Cross-Border Distributed Ledger Technology (DLT) Electronic Funds Transfer (EFT) 54

PYMNTS

OCTOBER 22, 2019

Some observers expect remittances to shift from relying on physical entities — such as MTOs or banks that provide recipients with cash — to digital fund transfers conducted through mobile phones, as removing the emphasis on cash could cut costs.

Cross-Border Payments 41

Cross-Border Payments Cross-Border P2P B2B 41

Fintech News

DECEMBER 15, 2024

This phase, part of the Immediate State of Project Garuda, focused on testing a distributed ledger technology (DLT)-based wholesale cash ledger system to assess its feasibility, security, and compatibility with Indonesia’s financial ecosystem.

CBDC 111

CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 111

Fintech News

JANUARY 9, 2025

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. To achieve this, the PoC focused on three key processes: issuance, redemption, and fund transfers.

Distributed Ledger Technology (DLT) 124

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 124