2020-3-1 20:00 |
Researchers at the Bank for International Settlements say the future of payments may be peer-to-peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream. origin »
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Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure.
2020-7-30 21:54 | |
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According to an official announcement dated March 26, 2020, Thailand-based Siam Commercial Bank (SCB), in partnership with Ripple’s enterprise-grade digital payments solution RippleNet, is making it easier for Thais to make instant low-cost cross-border payments from their mobile devices.
2020-3-27 16:00 | |
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The UAE’s corporate bank, National Bank of Fujairah (NBF) has joined RippleNet, a global payments network to make easy and seamless cross border payments to India. Also, the corporate bank will use the blockchain-based payments network to send and track international payments in real-time, according to a Ledger Insights report on March 3, 2020.
2020-3-4 00:00 | |
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The Dubai-based RAKBANK and BDO Unibank (a full-service universal bank in the Philippines) will be using Ripple’s payments ecosystem, to expedite remittances to the Philippines. RAKBANK Expands Remittance Services Through Ripple, BDO Partnership RAKBANK joined BDO, a full-service bank in the Philippines, to extend its activity in the region.
2020-2-29 12:45 | |
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Despite the reserved nature of Canadians, the country’s monetary authority has been keeping an openminded approach to researching the need for digital payments. The regulator has since identified two factors that might accelerate the launch of a Canadian CBDC.
2020-2-26 18:16 | |
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The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy.
2020-2-22 11:18 | |
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Coinspeaker Bank of America May Become New Member of RippleNetBank of America (BoA) is the second-largest bank in the U. S. It reportedly will join RippleNet for fast and cheap cross-border payments and exclusive infrastructure.
2020-2-22 21:10 | |
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Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the territory of Russia, a local portal reported.
2020-2-20 20:30 | |
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The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.
2020-2-20 11:30 | |
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The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license.
2020-3-1 10:00 | |
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QANplatform, a quantum-resistant blockchain platform, today announced the planned integration of Chainlink, a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments.
2020-2-19 17:34 | |
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Federal Reserve Bank of Cleveland President Loretta Mester says that Bitcoin (BTC) is not practical as a payment option
2020-2-15 23:04 | |
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An Apple payments products executive, Trish Burgess, has joined the Spain-based bank Santander’s peer-to-peer (P2P) global payments team. As an announcement from Thursday says, Santander is looking to expand it digital payments services in order to make them global.
2020-2-13 20:38 | |
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The Trump administration is all set to release the new regulations related to digital currencies and digital payments systems revealed Treasury Secretary Steven Mnuchin on Wednesday in a Senate Finance Committee hearing.
2020-2-13 18:42 | |
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National Bank of Egypt (NBE), the country’s oldest and largest bank in terms of assets, has inked a strategic partnership deal with Ripple, the San Francisco-based blockchain project in charge of XRP.
2020-2-13 02:00 | |
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Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system.
2020-2-13 22:30 | |
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Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet
2020-2-13 13:43 | |
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The Lightning Network wallet Zap founder Jack Mallers has announced a new application called Strike that will allow you to make Lightning payments with your debit card or bank account. This means, there will be no wallet, no channels, nodes, swaps or liquidity management anymore.
2020-2-1 00:35 | |
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Leading the way for a practical CBDC is — Cambodia
2020-1-31 02:54 | |
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The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app.
2020-1-31 22:03 | |
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Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year.
2020-1-31 20:00 | |
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A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.
2020-1-29 10:25 | |
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Researchers at Deutsche Bank say cash will not become obsolete in the near future even with the growing pivot towards cryptos and other forms of digital currencies. Crypto Hasn’t Accelerated the End of the Cash Era In a January 2020 report published by Deutsche Bank researchers argued that despite the popularity of cryptos and the apparent war on cash payments by some countries, the end of the cash era isn’t near.
2020-1-27 17:00 | |
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The latest research on “The Future of Payments,” by Deutsche Bank titled “Part I. Cash: the Dinosaur Will Survive … For Now,” talks about the existence of cash even though there would be a transition to the digital payments.
2020-1-26 22:39 | |
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According to a recent survey by Deutsche Bank, digital payments, including cryptocurrencies, would see rapid growth over the next ten years. However, the same report also asserted that cash would neveThe post Bitcoin not as popular as cash in the U.
2020-1-25 15:30 | |
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In the next five years, half of the smartphone owners who don’t have a bank account will use a mobile-accessible cryptocurrency account, said Miriam Burt, managing VP at Gartner while delivering his Keynote presentation titled: “Gartner’s Strategic Predictions for 2020 and Beyond,” at Oracle OpenWorld 2020.
2020-1-24 22:02 | |
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XRP could be on the brink of mainstream adoption as Benoit Coeure, appointed Chief of the Bank of International Settlements, lists cross-border payment solutions as a ‘top urgent priority’ in the current financial world.
2020-1-23 16:00 | |
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A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]
2020-1-23 21:22 | |
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According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries.
2020-1-23 20:45 | |
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The former head of payments and settlements at the Bank of Japan says Facebook’s Libra spurred institutions to look seriously into digital currency issuance
2020-1-22 12:48 | |
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BetProtocol, a blockchain-powered platform for building betting apps, announced today it will integrate eSports and sports oracles from Chainlink on all of its gaming platforms. Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments.
2020-1-21 17:56 | |
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'If you can't beat them, join them', an English proverb says. Thus, governments don't cease attempts to issue their own cryptocurrencies and use them in payments.
2020-1-16 16:56 | |
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Credit and payments giant Visa Inc. has reportedly paid over $5 billion for a fintech firm that provides services to connect payments apps to bank accounts. It could be good news for the fintech and crypto industry for the coming years.
2020-1-14 10:06 | |
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Ripple continues to make progress across Asia. Its latest venture focuses on providing low-cost cross-border payments to clients across Thailand. Various enterprises see merit in Ripple and its XRP ledger technology.
2020-1-10 07:00 | |
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The Reserve Bank of Australia has serious doubts about Libra’s success within the nation. In an article published by afr. com on January 9, the RBA sustains that even if it meets all regulatory requirements, there won’t be enough demand for domestic payments in the stablecoin.
2020-1-10 22:00 | |
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Thailand’s oldest bank, Siam Commercial Bank (SCB) has taken to change the lives of over 16 million customers by launching SCB Easy, a mobile application that runs on Ripple to deliver instant and low-cost cross-border payments.
2020-1-9 17:59 | |
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Coinspeaker Thailand’s Oldest Bank Partners with Ripple to Create App Called SCB EasySCB, which is the oldest bank in Thailand, announced that it wants to go digital. In order to do that, it has partnered with Ripple to provide instant, low-cost cross-border payments.
2020-1-10 16:36 | |
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Major Thail bank launches mobile app powered by Ripple to facilitate fast, low-cost cross-border payments
2020-1-10 04:00 | |
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Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments.
2020-1-10 22:08 | |
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Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments.
2020-1-9 22:08 | |
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Signature Bank, a bitcoin (BTC)-friendly New York-based full-service commercial bank founded in 2001, has joined forces with Prime Trust, a Nevada-based tech-driven financial institution that claims to be focused on providing dependable infrastructure solutions for the digital economy.
2020-1-7 10:00 | |
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Crypto banking rivals Prime Trust and Signature Bank have partnered to offer "real-time" settlements for institutional digital asset trades.
2020-1-6 18:11 | |
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People who reside in the Exuma island will be able to enroll in the Project Sand Dollar initiated by the Central Bank of the Bahamas. The Bahamian government thinks that giving residents mobile wallets will facilitate future payments on the island chain.
2019-12-28 18:43 | |
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OpenNode, a bitcoin payment processing service, has announced a new enhancement on its platform enabling a scheduled bank transfer feature. The new tool combines the benefits of accepting bitcoin – no chargeback fraud, lower fees, and easy international payments – with the convenience of supported fiat currencies.
2019-12-24 23:00 | |
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A new report by Germany’s largest lender, Deutsche Bank, suggests that blockchain-powered digital currencies could replace cash payments within the next decade. The report says that fiat currency as we know it today may soon give way to new alternatives.
2019-12-17 14:05 | |
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During the presentation, given to The Empire Club of Canada, Governor of the Bank of Canada, Stephen S. Poloz laid out some interesting reasons why he believes cash is better than crypto. Modernising Canada’s Ageing Payments Systems Poloz spoke about the role of technology in affecting how Canadians made payments.
2019-12-16 18:57 | |
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Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo.
2019-12-15 23:23 | |
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The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […]
2019-12-14 19:12 | |
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Russia’s national energy grid operator Rosetti, blockchain startup Waves and Alfa Bank are trialing a blockchain solution for electricity payments
2019-12-11 14:08 | |
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The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.
The Central Bank of Iran (CBI) will begin a trial of its central bank digital currency (CBDC), the digital rial, in Kish Island starting in July. The central bank said on June 19 that banking network customers and tourists can use the digital rial wallet to make purchases and transfers between wallets via barcode without […] The post Iran to pilot CDBC in Kish Island starting July appeared first on CryptoSlate.
The world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution and growing diversity in digital currencies, where it compared Bitcoin to gold and deemed Ethereum “digital oil.
Onchain Highlights DEFINITION: Bitcoin realized cap HODL waves are a bundle of all active supply age bands, aka HODL waves. Each colored band shows the percentage of Bitcoin in existence that was last moved within the period denoted in the legend.
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
The Qatar Central Bank (QCB) has announced the completion of the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its efforts to embrace digital financial transformations.
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."