Ripple Announces New ODL Corridors, Slams Banks for Inefficient Cross-Border Payments in New Report

2021-6-12 12:17

Ripple decacorn releases a report, in which it shows numerous inefficiencies of modern banks when it comes to cross-border payments and showcases its own payments tech

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payments report → Результатов: 126


World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions

“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.

2021-6-11 18:10


CBDCs to coexist with cash payments, according to FED Chairman Powell

The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […]

2021-3-19 22:00


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Spotify’s New Job Listing is Looking for Associate Director to Help with Internal Crypto Efforts

Spotify is mulling joining the cryptocurrency bandwagon. Spotify Contemplating Adding Support for Crypto Payments According to a report by The Block published on December 3, audio streaming giant Spotify is looking into hiring an associate director to lead a payments strategy team involved in its cryptocurrency and digital asset efforts.

2020-12-5 10:30


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Ripple Sets Up Regional Headquarters In Dubai As Company Considers Abandoning The US

Blockchain payments firm Ripple has opened regional headquarters in Dubai, underscoring the San Francisco-based decacorn’s intent to move away from the US due to the hostile regulatory environment. Ripple Moves To Strengthen Presence In MENA With A New Regional Base In Dubai  According to a report on Saturday (November 7) by the United Arab Emirates […]

2020-11-10 20:17


COVID-19 Accelerated Digital Payments Growth and Fintech Regulatory Innovation: World Bank & Cambridge Global Study

A joint study by the Cambridge Centre for Alternative Finance (CCAF) and the World Bank has revealed that COVID-19 greatly accelerated Fintech regulatory innovation developments. Dubbed ‘Global COVID-19 Fintech Regulatory Rapid Assessment Study’, the report was released on Oct 28 as part of an effort to empirically equip regulators and central banks in the digital currency […] The post COVID-19 Accelerated Digital Payments Growth and Fintech Regulatory Innovation: World Bank & Cambridge Global Study first appeared on BitcoinExchangeGuide.

2020-10-31 23:45


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FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls

The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote financial inclusion.

2020-10-18 17:05


Blockchain in Payments Report 2020: From Adoption To Growth

For the third straight year, Ripple is excited to share its annual Blockchain in Payments Report—a comprehensive look into the fintech industry and blockchain’s increasing role in payments. This year’s report uncovered that not only is growth indeed possible for blockchain and digital assets initiatives, but that familiarity and positive sentiment continue to rise as … Continued The post Blockchain in Payments Report 2020: From Adoption To Growth appeared first on Ripple.

2020-10-16 21:06


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Russia: Banking Giant Sberbank Taps Blockchain to Tokenize Travel Agent Payments

Russia is looking to automate travel agency payments using blockchain technology. Using Smart Contracts to Automate Payments According to a report by local outlet Air Transport Review, Russia’s S7 Airlines has inked a partnership with the country’s largest bank, Sberbank, to fully automate travel agency payments through distributed ledger technology (DLT).

2020-8-29 21:00


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Australian payments firm sues Ripple over PayID branding

New Payments Platform Australia (NPPA), a group comprising all the significant banks in Australia is suing Ripple. A Report unveiled this news on August 26, noting that the consortium sued Ripple after it went against Australia’s Trade Marks Act (1995) and the Australian Consumer Law by using the organization’s brand and trademark dubbed PayID without authorization.

2020-8-27 17:10


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China’s State Banks Test Digital Wallet App for CBDC Payments

China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated.

2020-8-7 14:25


Worlds Fourth-Largest Bank, MUFG, to Roll Out A Digital Currency for Mobile Payments

Japan’s giant banking institution, Mitsubishi UFJ Financial Group Bank (MUFG) finally announces plans to launch its digital currency after releasing a conflicting report in December 2019. According to local news website, Mainichi, MUFG’s president, Hironori Kamezawa, confirmed the company will launch its own digital currency partnering with Recruit Group, which operates restaurant introduction sites including […]

2020-7-21 19:10


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Report: Paxos Chosen As PayPal Partner for Crypto Services Offering

Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that PayPal users will soon have access to crypto services; including trading and storage.

2020-7-20 13:00