2020-4-2 16:17 |
One of Europe?s largest remittance services, Azimo, has inked a partnership with the biggest commercial bank in Thailand for faster payments based on RippleNet
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Popular Canada-based crypto payments platform has integrated Chase Bank into its bills service
2023-10-3 18:30 | |
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The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments.
2021-7-18 20:30 | |
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Press Release: Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients. 7th July 2021, Edinburgh, Scotland – Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers.
2021-7-8 17:58 | |
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The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology.
2019-10-19 00:05 | |
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Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure.
2019-10-1 13:44 | |
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WEG Bank AG, a German bank which has been partially acquired by three prominent blockchain firms – Nimiq, Token Pay and the Litecoin Foundation, has announced that it will process cryptocurrency payments for retailers by 2020.
2019-10-1 12:26 | |
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The German bank is set to help European retailers accept bitcoin payments in early 2020.
2019-10-1 11:30 | |
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Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory, SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc.
2019-10-1 21:32 | |
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Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations.
2019-9-28 20:45 | |
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Venezuela’s Central Bank is considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies. The post Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets appeared first on Bitcoin Magazine.
2019-9-27 00:42 | |
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Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […]
2019-9-27 00:17 | |
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Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto.
2019-9-27 23:00 | |
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With over 250 partners under its hood, RippleNet’s blockchain network has continued to grow. In yet another development, Ripple has on-boarded the National Bank of Fujairah, a Dubai-based corporate bank that offers corporate and commercial banking services for conducting cross-border payments.
2019-9-24 16:00 | |
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JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.
2019-9-20 13:30 | |
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The US’ largest bank has signed the first lender from cryptocurrency-friendly Singapore to its Blockchain payments platform. OCBC Joins 342 Banks Keen On Quorum In a press release on September 19, JPMorgan Chase confirmed more than 300 banks were now involved in the Interbank Information Network (IIN).
2019-9-20 13:00 | |
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JPMorgan made waves in the crypto-market a few months ago after it announced ‘JPM coin. ’ Before the release of its own stablecoin, JPM had introduced Interbank Information Network [IIN] on its blockchain service to create an ecosystem of banks and users, while also promoting emerging technologies like blockchain itself to ease cross-border payments.
2019-9-20 11:33 | |
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USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020. United States’ 3rd Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT).
2019-9-17 16:32 | |
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JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
2019-9-16 15:00 | |
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The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments.
2019-9-16 13:30 | |
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Alfa-Bank has recently started a partnership with the X5 Retail Group in order to launch a new blockchain-based platform that will be used for liquidity. This new platform is going to be called Distributed Treasury and Cash Management (DTCM) and its main goal will be to enable the bank to let clients manage payments, deposits […]
2019-9-13 23:19 | |
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China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed central bank digital currency (CBDC).
2019-9-12 22:30 | |
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China has been trending away from cash and toward digital payments for quite some time now. In 2018, 3. 8 quadrillion yuan was remitted using plastic cards, cheques, electronic transfers, and other formal methods.
2019-9-11 13:16 | |
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Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards.
2019-9-11 11:31 | |
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According to a Crowdfund Insider report published on September 8, 2019, major Pakistani bank, Faysal Bank Limited (FBL) has partnered with fintech firm, Ripple Inc. to launch a blockchain-powered digital payments solution.
2019-9-9 11:00 | |
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PNC Bank begins RippleNet-based international payments, signaling interest by the banking sector
2019-9-7 21:43 | |
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Ripple has been ignoring all the criticism it has been targeted with by a part of the crypto-community, many of whom are worried about XRP’s price, by keeping to its business of promoting its technology along with XRP.
2019-9-6 16:14 | |
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China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
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China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.
2019-9-6 13:40 | |
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China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.
2019-9-8 13:40 | |
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Euro Exim Bank has started embedding complex trades within blockchain messages B2B payments and SMEs growing at a faster pace Digital Currencies remove one of the biggest obstacles to SMEs business growth What makes digital asset unique is that “they’re universal currencies, meaning anyone can use them as units of value anywhere in the world,” […]
2019-9-1 19:18 | |
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During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc.
2019-8-31 23:00 | |
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PNC becomes the first bank to start using the RippleNet blockchain payment network in the United States. Instant cross-border payments PNC is ranked 8th on the list of largest banks in the U. S. , according to Business Insider.
2019-8-30 14:14 | |
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PNC Financial Services Group, Inc, a Pittsburgh, Pennsylvania-based bank holding corporation has successfully processed its first cross-border payments for clients’ using Ripple’s blockchain solution, RippleNet, according to a Fintech Futures report on August 29, 2019.
2019-8-30 02:35 | |
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PNC Treasury Management has started using the RippleNet for cross-border payments. Fintech Futures reported on August 29 that PNC has become the first US bank to process cross border payments in real time.
2019-8-29 21:07 | |
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Coinspeaker PNC Becomes the First U. S. Bank Using RippleNet for Cross-Border PaymentsAmerican banking giant PNC has become the first bank in the country to use Ripple’s blockchain network, RippleNet, for processing cross border payments.
2019-8-30 20:39 | |
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PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions.
2019-8-29 12:14 | |
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China’s central bank backed digital currency DC/EP (Digital Currency/Electronic Payments) will be issued to seven institutions, reported Fobes citing Paul Schulte, an independent researcher and former employee of one of these institutions.
2019-8-28 15:50 | |
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Coinspeaker Crypto Exchange Gemini Joins Silvergate Bank’s Cryptocurrency Payments NetworkSilvergate Bank will allow Gemini's customers deposit and withdraw U. S. Dollars from their accounts in real-time.
2019-8-28 12:47 | |
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One of the major banks in South-East Asia has officially dubbed Ripple the cheapest way for making international payments
2019-8-22 11:14 | |
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The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]
2019-8-20 19:12 | |
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Santander Group, a major Spanish bank wants to expand its use of One Pay FX solution to enable its customers in Latin American countries send money to the U. S. According to the bank, Ripple’s remittance service will allow customers in these countries to send feeless payments instantly, reports Coindesk on August 19, 2019.
2019-8-20 22:50 | |
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Ripple’s Swell 2019 event is getting ready to be started in November on 7th and 8th. The event is known for bringing together the trusted voice across financial services, payments, technology, and policy to share what’s unfolding in global payments.
2019-8-15 19:49 | |
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On Wednesday Santander UK unexpectedly dropped support for Coinbase payments. Is the bank pivoting on its crypto supportive stance? Santander Cuts Ties with Coinbase On August 14 a Reddit user announced that Santander UK was halting all payments to Coinbase cryptocurrency exchange.
2019-8-15 10:09 | |
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London-based bank Barclays will no longer work with crypto exchange Coinbase. While the exchange has already found a replacement in ClearBank, the breakup with Barclays means UK Coinbase users will no longer have access to the Faster Payments Service for the time being, also meaning that deposits and withdrawals will take much longer on the platform.
2019-8-14 19:01 | |
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Bantotal, a banking service based in Uruguay with over 60 banking clients, has recently started a partnership with Bitex, a crypto exchange. With this partnership, the bank will help banking institutions to make cross-border payments using the Bitcoin network.
2019-8-13 23:04 | |
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China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development.
2019-8-13 20:03 | |
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Commerzbank, a Germany-based international commercial bank with a presence in more than 50 countries, has collaborated with Daimler Trucks to conduct Germany’s first distributed ledger technology (DLT) powered machine-to-machine (M2M) payment, according to a press release on August 8, 2019.
2019-8-10 23:00 | |
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The German bank Commerzbank has recently developed a new blockchain-based technology that will be used in order to make automated payments between self-driving trucks. The system, which aims to take humans completely out of the equation, will be used to allow automated trucks to pay for their charging power without needing any human interaction. According […]
2019-8-9 01:04 | |
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In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019.
2019-8-6 16:48 | |
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