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Ripple and Axelar Foundation Set a New Standard for Blockchain Interoperability on XRPL

The Fintech Times

Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. The partnership with Axelar Foundation propels interoperability into the broader blockchain realm.

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Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot

Fintech Review

The Web3 Foundation , in partnership with Scytale Digital , has led the seed funding round for Hyperbridge , a groundbreaking protocol poised to transform blockchain interoperability. million, making it the most successful parachain crowd loan in the Polkadot ecosystem, a testament to its strong community support and technological promise.

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TerraPay Forms Council With Leading Digital Wallets to Accelerate Cross-Border Payments Interoperability

Fintech Finance

TerraPay , a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.

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What is Cross-Chain Interoperability?

CoinRemitter

One of the biggest issues in blockchain technology is that each blockchain operates independently, with its own rules, protocols, and governance models, making it difficult for different blockchains to interact. This blog will understand cross-chain interoperability in detail. This makes the network work better and faster overall.

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Banking Circle Group Joins the Financial Technology Association

Fintech Finance

The Financial Technology Association (FTA) today announced that Banking Circle Group , a banking and payments leader for the new economy, has joined the association as its newest member. said Penny Lee, President and CEO of the Financial Technology Association. We share FTA’s commitment to ensuring the U.S.

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Open Banking: Unlocking Innovation and Consumer Empowerment

Fintech Review

Open banking is transforming the financial landscape by fostering innovation , competition, and improved customer experiences. By accessing banking data, fintech companies can offer innovative products that improve customer choice and service quality. In Europe, the PSD2 directive has spurred significant innovation.

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For AML, Three ‘I’s: Innovation, Interoperability … And Identity

PYMNTS

The bumpy road cryptos face under scrutiny from regulators (we’re looking at you, Libra ) was a springboard into a larger discussion between Zac Cohen, general manager at Trulioo , and Karen Webster on the challenges FIs and others face when deploying new technologies. Complications arise when financial activity is so far-flung, he added.