The Fintech Times

FEBRUARY 27, 2024

Soon, payments will be instantaneous, cheap, frictionless and interoperable, able to move along and across different payment rails. For businesses, A2A payments promise higher conversion rates, reduced transaction costs, and real-time settlement. “There is, however, a competition emerging between CBDCs and stablecoins.

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

Fintech News

NOVEMBER 12, 2024

However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.

FinTech 72

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 72

The Fintech Times

OCTOBER 11, 2024

How it works VTAP provides a platform for banks to mint, burn and transfer fiat-backed tokens, such as tokenised deposits and stablecoins , and experiment with use cases. A bank could also enable their customers to use a fiat-backed token to purchase tokenised commodities or tokenised treasuries with near-real time settlement onchain.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Near Real-Time Participant 52

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech 87

FinTech Cross-Border CBDC Web 3.0 87

PYMNTS

AUGUST 3, 2020

Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. One of the biggest disruptions of the payments ecosystem as a result of the growing traction of digital assets and the ubiquity of real-time settlement will be felt by corporate treasurers, Long predicted.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Settlement Treasury 117

The Fintech Times

FEBRUARY 19, 2024

This is especially true if fees are ultra-high and settlement periods are lengthy. BIS Aurum) and interoperability solutions (e.g, Stablecoins, if used appropriately, can in fact be a means to solve this imbalance. In these types of instances, stablecoins can serve as a bridge. Deutsche Bundesbank Trigger Solution).

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

PYMNTS

NOVEMBER 2, 2020

Tech-driven Interoperability and collaboration will finally bring trillions of dollars into the digital age, Kevin Phalen , head of global business solutions at Visa , told Karen Webster in a recent interview. Interoperability will get a boost with messaging standards such as ISO 20022. That’s where the market’s going.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

Fintech News

OCTOBER 16, 2024

Furthermore, a closer look will be taken at digital assets, including stablecoins, central bank digital currencies (CBDCs) and tokenised deposits, focusing specifically on interoperability and regulations.

FinTech 101

FinTech Cross-Border Payments AI Innovation 101

Clearly Payments

JANUARY 4, 2024

Faster Settlements: Cryptocurrency transactions are typically faster than traditional banking transactions, providing merchants with quicker access to funds. This is particularly beneficial in industries where fast transaction settlements are crucial, such as e-commerce or high-frequency trading. What are Stablecoins?

Cryptocurrency 79

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 79

CB Insights

MAY 8, 2018

Basis is building a “stablecoin” that is intended to be less volatile than other cryptocurrencies. Launched in 2016, the NFF helps clients integrate business processes, like clearance and settlement, with new technologies. The encrypted messaging service raised $1.7B With all this, pre-sales are a mixed bag. The road ahead.

Blockchain 75

Blockchain Technology Cryptocurrency Use Case 75

PYMNTS

OCTOBER 1, 2018

And now, in the face of the Great Crypto crash and burn, using stablecoins tied to the stable USD to hedge against crypto volatility and create the stability needed to make everything, from lattes to Louboutin’s, buyable using crypto. And what’s needed by all the parties that rely on them today to move money safely between them.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85