The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

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PYMNTS

OCTOBER 25, 2019

Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct. ”

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PYMNTS

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! The ECB has been open to the idea, and could already be experimenting.

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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. The banks said the tests had completed 1.2

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The Fintech Times

JANUARY 24, 2024

As regulations evolve to meet this demand, firms like R3 , the distributed ledger technology (DLT) and services provider, are looking to make adoption as seamless as possible. Digital assets and digital currencies continue to grow in popularity and demand.

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PYMNTS

NOVEMBER 26, 2019

The program offers SAP technologies through one global OEM contract. The SAP App Center is a fully digital enterprise marketplace where people can try, buy, manage and deploy trusted partner applications that extend existing SAP technology and solutions. The company has operations in more than 50 countries on six continents.

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PYMNTS

JANUARY 30, 2019

The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

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SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 60

CB Insights

OCTOBER 29, 2020

But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo. One such company is Paxos, which offers custody, payment, and clearing & settlement services. First name.

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

PYMNTS

NOVEMBER 2, 2020

Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated.

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CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (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. Please click to enlarge.

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

PYMNTS

JANUARY 30, 2019

The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

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SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 46

PYMNTS

NOVEMBER 19, 2020

As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail. Transcard Embraces Track for Real-Time B2B Payments.

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CB Insights

SEPTEMBER 7, 2021

For example, Paxos (over $500M in total funding) offers a crypto asset custodial service, brokerage, exchange, and equities settlement for institutions. 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.

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PYMNTS

NOVEMBER 25, 2020

To that end, a Bank for International Settlements ( BIS ) study concludes that “embedded regulation” might offer a solution for stablecoins, defined as cryptocurrencies with values tied to fiat currencies or other assets. Embedded supervision can center on data collection and supervision.

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PYMNTS

SEPTEMBER 18, 2019

financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release on Tuesday (Sept.

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Distributed Ledger Technology (DLT) Stablecoins Cross-Border Cross-Border Payments 49

PYMNTS

JUNE 8, 2020

The firms are operating using distributed ledger technology (DLT), which has been growing — in 2018, the number of firms using it sat at only 27 percent by comparison. Trade finance settlement makes up 9 percent. Coinbase is looking to sell Coinbase Analytics, its blockchain analytics software, to the U.S.

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PYMNTS

DECEMBER 13, 2019

The SNB and the Bank for International Settlements (BIS) are said to be exploring the widespread use of digital central bank currencies. Beau wants to use distributed ledger technology (DLT), and France is mulling a central bank digital currency.

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The Fintech Times

DECEMBER 21, 2023

From government involvement, to new partnerships and collaborations, to the adoption of new technologies; the region has seen it all. In 2023, Abu Dhabi Global Market (ADGM) introduced the Distributed Ledger Technology (DLT) Foundations Regulations. In light of this, what can we expect from fintech in MEA in 2024?

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FinTech Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 64

PYMNTS

SEPTEMBER 18, 2019

To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision.

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PYMNTS

JULY 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). The BoE’s Real-Time Gross Settlement (RTGS) system handles transactions worth about 500 billion pounds — almost one-third of Britain’s annual economic output.

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Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Cross-Border Payments 40

Fintech News

JANUARY 30, 2024

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). billion by 2030 at a CAGR of 19.6%.

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The Fintech Times

MAY 16, 2024

Tassat, the private permissioned blockchain-based B2B real-time settlement platform, has announced a partnership with Glasstower Digital, a fintech facilitating cross-border B2B remittances. This partnership combines technology and solutions consulting expertise. Digital bank Tandem appoints Suavek Zajac as chief technology officer.

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PYMNTS

JUNE 20, 2019

Carney also noted in published remarks , according to Coindesk , that consortia “propose to issue digital tokens that are fully backed by central bank money, allowing instant settlement.” ” He noted that projects with distributed ledger technology (DLT) could unlock “billions of pounds in capital and liquidity.”.

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Global Fintech & Digital Assets

NOVEMBER 7, 2023

Tokenisation refers to the process of digitally representing an asset (or ownership of that asset) using distributed ledger technology (DLT) through the use of digital tokens. With the growing interest among intermediaries in tokenisation, the SFC has decided to provide additional guidance to the market.

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PYMNTS

NOVEMBER 3, 2020

The company connects banks to the technology so they can offer instant currency exchange across 18 currencies, with the ability to loop into an array of payment rails including SEPA, SEPA INSTANT, CHAPS, ACH, wire and more around the globe. In the latest show of support for distributed ledger technology, J.P.

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PYMNTS

AUGUST 2, 2018

Reports came this week that the much-touted distributed ledger technology (DLT) may be less savior for all manner of problems across the business landscape than thought. Also with an eye on blockchain, and on FX and settlement, CLS has said it is in the end stages of testing blockchain payments for banks.

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Global Fintech & Digital Assets

FEBRUARY 26, 2024

digital representation of value, which can be used for payment or investment purposes or to access a good or service) that depend on cryptography and distributed ledger technologies (DLT) or similar technologies. Scope of Application Cryptoassets will be defined as private digital assets (i.e.,

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Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52

PYMNTS

OCTOBER 12, 2016

Enriching the ecosystem of decentralized technology is key in the fight, however. The basis for blockchain technology is something that works well in practice, but not in theory,” said Luther Martin at HPE Security-Data Security. Those that want in on the competition have until Halloween to apply.

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PYMNTS

JUNE 13, 2018

While banks have been investigating and investing in distributed ledger technology (DLT) the team at Ripple does not believe that DLTs are likely to make an appearance any time soon when it comes to processing cross-border payments. Issues around scalability and privacy are still too pointed. “I

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PYMNTS

AUGUST 1, 2018

Forrester Research noted that some projects may be winding down, and some pilot tests of the technology may be walked back a bit, illuminating at least some isolated cases of tempered enthusiasm or expectations of blockchain potential. To put it another way, might the additions of links to the blockchain be slowed a bit?

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PYMNTS

AUGUST 23, 2019

Federal Reserve recently revealed plans to build its own instant clearing and settlement rails. For those processes that must be handled in real-time, two factors are vital in keeping these processes fit-for-purpose for a real-time world: continuous training and development, and the best technology. “It

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PYMNTS

AUGUST 22, 2018

According to the report, distributed ledger technology (DLT) will continue to rise, along with what BIS touted as “the myriad” number of benefits that accrue with that technology. The advantages extend from transparency to security and, of course, immutability. Blockchain an Apple of Apple Founder’s Eye?

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PYMNTS

AUGUST 29, 2018

PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Of those queried, as many as 84 percent of firms are involved with DLT. Companies have dabbled in the lab,” wrote PwC.

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Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

PYMNTS

OCTOBER 1, 2018

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. G-Coin, Davis said, can handle thousands of concurrent transactions with finality of settlement, and with trades done 24/7 and in real time.

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CB Insights

FEBRUARY 22, 2018

What is blockchain technology? UPS, FedEx, BNSF Railway (owned by Berkshire Hathaway), and Schneider Trucking are just a few of the 200+ big names in an alliance exploring blockchain technologies in freight transport. THE UNITED NATIONS EXPLORES DLTS AND BLOCKCHAINS FOR HUMANITARIAN AID AND CLIMATE SCIENCE.

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Blockchain Distributed Ledger Technology (DLT) Cryptocurrency Legal 78

PYMNTS

OCTOBER 24, 2019

Cross-border payments can be streamlined and sped up by leveraging modern tools like distributed ledger technology (DLT), which can complete transactions within minutes. SWIFT’s gpi , Mastercard’s B2B Hub, Visa B2B Connect and RippleNet are some of the examples of newer cross-border financial infrastructures.

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PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. 9 with the U.S.

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