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Bank of Japan, European Central Bank complete phase three of cross-border payments testing

Information processing has changed drastically, ever since the inception of the Internet. However, the payment industry has not. It has remained the same, slow, tedious and time-consuming. Unlike data, payment doesn’t flow seamlessly owing to various factors such as the fact that every country has a centralized ledger which is not linked to other countries. дальше »

2019-6-5 15:30


Swiss multi-national investment bank, USB introduces Fnality International with investment of $63.2 million

USB Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, USB introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto. дальше »

2019-6-4 01:30


Swiss multi-national investment bank, UBS introduces Fnality International with investment of $63.2 million

UBS Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, UBS introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto. дальше »

2019-6-4 01:30


3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls

By CCN: Siam Commercial Bank, Thailand’s third-largest financial institution, quietly teased some tantalizing news that should kick the Ripple (XRP) rumor mill into high gear. SCB Thailand Taps Ripple for Blockchain Payments Already, SCB Thailand launched a blockchain platform that uses the Ripple company’s xCurrent system to facilitate cheaper cross-border money transfers. дальше »

2019-5-25 01:01


Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »

2019-5-23 20:00


Новости криптовалют сегодня, 4 мая 2019

Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статтья обновляется в течение дня. Cointelegraph Директор центрального банка Сингапура Моханти сказал, что видит потенциал в блокчейне для трансграничных платежей. дальше »

2019-5-4 10:26


Фото:

JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’

Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin. дальше »

2019-5-2 14:03


Фото:

Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain. дальше »

2019-5-1 17:15


Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments

Just a few days ago, Ripple’s XRP showed signs it was probably going down. However, the cryptocurrency seems to have survived and is on its way to recovery alongside other top currencies. Several factors may be involved in bringing the asset back up, but one of them must be the recent announcement of a partnership […] The post Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments appeared first on ZyCrypto. дальше »

2019-5-1 21:33


Ripple’s blockchain will solve issues related to nested transactions, says top CIMB Bank official

Ripple and XRP have been making strides in the cryptocurrency sphere with their many partnerships and collaborations in the cross-border payments sector. Ripple’s xCurrent-powered Money Tap faced a setback when one of the member banks announced that they would cease collaboration with the service from May 13, 2019. дальше »

2019-4-12 20:00


Easing the Pain of Growing Cross-Border Remittance Demand in Southeast Asia

A lot of people spoke about the pain of cross-border remittances at the recent Ripple Regionals event in Bangkok. One of the day’s final speakers, Paul Arriyavat, VP of Disruptive Technology Office and Chief Strategy Officer at Siam Commercial Bank (SCB), even put a number on it: $68 billion that migrant workers in Southeast Asia send … Continued The post Easing the Pain of Growing Cross-Border Remittance Demand in Southeast Asia appeared first on Ripple. дальше »

2019-4-13 01:32


Infosys Finacle partners with Hatton National Bank for blockchain-based trade finance in Sri Lanka

CryptoNinjas Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, today announced that Hatton National Bank (HNB), a leading private sector commercial bank operating in Sri Lanka, has selected Finacle Trade Connect to enable a blockchain-based domestic and cross-border trade finance network. дальше »

2019-3-12 16:32


Ripple Teams Up with India’s Bank of Dohfar by Going Live on RippleNet for Remittance Payments

Ripple has scored yet another point in its quest for world domination, this time in the middle east where the Bank of Dohfar has joined its platform to facilitate cross-border transactions. This comes just a few weeks after Ripple signed up the National Bank of Kuwait to its platform. The New was confirmed by Navin […] дальше »

2019-2-18 21:27


In Hopes Of Establishing Regulatory Clarity In EU, Ripple Turns To Parliament Member

Ripple has been the subject of discussion for the E.U. as they have been working to create legislation that would properly regulate the cryptocurrency industry. This cross-border trading platform is working to build up their case, recently asking Eva Kaili to support their endeavor with the European Commission and the European Central Bank (ECB). Kaili […] дальше »

2019-2-10 20:15


Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019

XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this […] The post Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019 appeared first on Ethereum World News. дальше »

2019-1-13 09:48