Singapore: MAS Partners JP Morgan to Develop Blockchain-Enabled Payments Network

2019-11-12 02:00

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS) has entered into a partnership with Wall Street titan JP Morgan Chase and Temasek to develop a distributed ledger technology-powered (DLT) multi-currency payments network.

This, according to a report by Finance Magnets, November 11, 2019. Part of Project Ubin In a bid to propel the useRead MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

singapore payments → Результатов: 47

Fear of Crypto? JP Morgan Building Blockchain Multi-Currency System Blessed by Singapore?s Regulator

The Singaporean regulator MAS and JP Morgan are working on a prototype of a blockchain-powered system for cross-border payments using multiple currencies

2019-11-11 15:44
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MAS and JP Morgan Develop Blockchain-Based Cross-Border Payments Network

Monetary Authority of Singapore (MAS) has managed to create a new blockchain-based prototype for multi-currency payments, in collaboration with Temasek and JPMorgan. According to the developers, the network could significantly improve numerous aspects of sending payments, including the cost efficiency for businesses.

2019-11-11 15:44
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Singapore’s FinTech Startup M-DAQ Receives Massive Funding from Samsung

Coinspeaker Singapore’s FinTech Startup M-DAQ Receives Massive Funding from SamsungM-DAQ will be working with Samsung to bring its cross-border payments and currency trading solutions across South Kore and East Asia.

2019-11-11 15:12
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MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity

Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system.

2019-11-11 12:40	JPMorgan
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Singapore’s MAS, JPMorgan Unveil Multi-Currency Blockchain Prototype

JPMorgan, the Monetary Authority of Singapore and state investment firm Temasek have jointly designed a prototype multi-currency blockchain-based payments network

2019-11-11 11:03	Payments
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Singapore's central bank to develop prototype for cross-border payments

Monetary Authority of Singapore [MAS] recently revealed that it had collaborated with banking giant J.P. Morgan in order to develop a blockchain-based prototype. J.P. Morgan has always been bullishThe post Singapore's central bank to develop prototype for cross-border payments appeared first on AMBCrypto.

2019-11-11 09:00	Blockchain Technology
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How Ripple’s On Demand Liquidity (ODL) Is Changing Banking and Global Payments

New statements were made by a panel of senior banking officials on the subject of On-Demand Liquidity (ODL) at the Swell 2019 event held in Singapore. The panel was hosted by Ginger Baker, Senior Director of Product at Ripple along with panelists from goLance, Bitso, FlashFX, and Interbank Peru. The subject of blockchain and cryptocurrencies […]

2019-11-8 18:31	Ripple (XRP)
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Historically, XRP Goes Crazy In The Run Up To Swell – But This Year Is Different

Many enthusiasts expect Ripple Labs’ XRP token to explode in the run up to the upcoming Swell conference. The Swell conference, which is hosted by Ripple and is its biggest conference of the year, will be held on Nov 7-9 in Singapore.

2019-11-1 17:25	Crypto Journal
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How Will the XRP Price React to the Upcoming Swell Conference?

The Swell conference, which is hosted by Ripple and is its biggest conference of the year, will be held on Nov 7-9 in Singapore. It aims to bring in influential voices in the financial services, technology, and payments industry in order to discuss the current global payments industry.

2019-10-30 04:41	News
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First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative

JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.

2019-9-20 13:30	JPMorgan
payments blockchain jpmorgan bank onboarded ocbc singapore-based

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Southeast Asia’s 2nd Biggest Bank Joins JPMorgan Blockchain Network

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	Singapore
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Ripple Partner InstaReM Enables B2B Payments in China

Businesses in Singapore can now have faster payments for goods purchased and services availed in China, thanks to InstaReM. Singapore-headquartered InstaReM is a digital cross-border payments company with a presence in over 40 countries, across Asia-Pacific, North America, and Europe.

2019-8-2 16:10	Ripple (XRP)
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Philippines: Union Bank Facilitates First Blockchain-Based Remittance

Union Bank of the Philippines has joined forces with OCBC Bank of Singapore to facilitate a cross-border transfer from Singapore to the Philippines using the Ethereum-powered Adhara liquidity management, and international payments platform its (Unionbank) proprietary i21 platform, reports local news source Fintech Singapore on July 23, 2019.

2019-7-24 01:00
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1X Exchange Lists ETH Security Token, Aggregate Asset Management (AAM), in Singapore

1X crypto exchange is heading to Singapore, where it aims to conquer the market and offer digital asset investors an array of digital token-fiat trade pairs. With plans to concentrate on supporting digital security tokens of private firms, the platform will permit payments made using the local currency. Basically, the exchange is confident that this […]

2019-7-12 20:07	Exchanges
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Singapore Wants to Drop VAT for Transacting in Cryptocurrencies

Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT

2019-7-9 11:02	Cryptocurrencies
singapore cryptocurrencies vat tax gst services local

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Leading Restaurant Chain in Singapore Debuts Bitcoin Payments

Kopitiam has announced plans to accept bitcoin payments as part of the company’s efforts to adopt digital payment means, The Business Times reports, July 01, 2019. The move forms part of a growing wave of cryptocurrency adoption sweeping across Singapore and Southeast Asia as a whole.

2019-7-2 09:00
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Singapore Food Court Operator Introduces Bitcoin Payments

Kopitiam, the operator of food-courts in many Singapore malls, has unveiled a new ordering solution, allowing payments in bitcoin. Bitcoin-Enabled Food Court At the KOPItech food-court in the newly refurbished Funan mall, customers order through self-service kiosks or via Facebook Messenger using QR codes located on each table.

2019-7-2 15:00	Singapore
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Instant Remittance (InstaREM), Who Uses Ripple, to Support Cross Border Payments for Thailand’s KBank

The concept of cross border payments has been revolutionized by the work that Ripple has put into the world. Instant Remittance, also known as InstaREM, is located in Singapore, recently partnering with Ripple for their fast and affordable performance, delivering remittance services to 50 countries.

2019-5-27 04:44	Ripple (XRP)
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E-commerce Platform BTEGA To Accept Crypto-Currency Payments For Purchases

Pioneer online platform accepting various crypto-currencies including ERC-20 tokens for payment. E-commerce website Btega integrates Kyber Network solutions into payment gateway. Kyber Network supported ERC-20 tokens are now accepted as payment options on Btega.

2019-5-8 15:57	Press releases
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Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments

The chief fintech officer for Singapore’s central bank said that the organization’s experiments with blockchain found solid use cases in cross-border payments

2019-5-4 04:35	Adoption
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Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border Payments

Coinspeaker Canada and Singapore Test Central Bank-backed Cryptos for Cross-Border PaymentsThe Bank of Canada and the Monetary Authority of Singapore (MAS) have announced successfully conducted transfers of central bank-backed cryptos using blockchain.

2019-5-2 19:21	World Bank
central bank-backed canada singapore cryptos cross-border test

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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies

By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments.

2019-5-2 14:33	Singapore
central bank currencies digital payments singapore canada

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Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

2019-5-2 12:00
central time blockchain cross-border banks payments using

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Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases

Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.

2019-4-24 01:08	Payments
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Talking Payments Innovation in Southeast Asia with InstaReM’s Prajit Nanu

Based in Singapore with customers in 35 countries that pay into 50+ countries, InstaReM is at the forefront of fintech innovation in Southeast Asia. The company’s co-founder and CEO Prajit Nanu chatted with me during a recent visit to Ripple HQ in San Francisco and shared valuable insights into financial inclusion efforts in the region, … Continued The post Talking Payments Innovation in Southeast Asia with InstaReM’s Prajit Nanu appeared first on Ripple.

2019-4-4 02:52	Insights
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Ripple’s Partner InstaReM Joined Visa’s Fast-Track Program For Its FinTech Payments System

InstaReM, a fintech company from Singapore which is a RippleNet member, has recently joined Visa’s fintech fast-track program for the Asia Pacific Region, according to a press release emitted by the company.

2019-2-2 17:26	News
visa program fintech fast-track joined company instarem

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InstaReM: One More Caminada From Ripple To Visa

There’s another step in the ongoing dance between Ripple and the legacy payments system Visa. InstaReM, a Singapore Fintech startup and RippleNet member, has joined Visa’s fintech fast-track program in the Asia Pacific Region, allowing quicker and easier deployment of the company’s commerce solutions on Visa’s payments network.

2019-2-2 18:35	ripple
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Ministry Of Law In Singapore Says Cryptocurrency Is Not Legal Tender, Warning Companies Accepting Bitcoin Payments

Singapore Law Ministry Announces The Cryptocurrency Is Not Considered Legal Tender, Warning Companies Not To Accept As Payment Cryptocurrencies have been working to find their place in various jurisdictions as countries around the world categorize them for tax purposes, payments, and more.

2019-1-24 22:08	News
singapore ministry law companies warning payments tender

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.

2019-1-11 21:17	Startups
cameron-huff legal bitcoin crypto 2019 regulations business

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Singapore, UK And Canada’s Joint Report Reveals Central Bank Digital Currency (CBDC) Payment Benefits

According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […]

2018-12-4 11:48	News
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech

With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.

2018-11-15 22:38	Digital assets
digital imf lagarde currencies central should speech

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100k Taxi Users Could OmiseGo TADA Soon

A popular taxi app, with more than 100,000 users in Singapore, thinks it can improve its service using cryptocurrency and blockchain. The financial services platform, OmiseGo (OMG), has agreed to explore possible use cases with them.

2018-11-14 05:00
taxi omisego users service 100k crypto tada

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100k Taxi Users Could OmiseGO TADA Soon

A popular taxi app, with more than 100,000 users in Singapore, thinks it can improve its service using cryptocurrency and blockchain. The financial services platform, OmiseGO (OMG), has agreed to explore possible use cases with them.

2018-11-14 05:00
taxi omisego users service 100k crypto tada

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Ripple’s CEO Says Blockchain Will Change the World of Global Payments

Ripple CEO’s has sat down with Ross Leckow, IMF’s Deputy General Counsel, to talk about blockchain technology at the Singapore Fintech Festival. Both agreed that the distributed ledger will change the world of global payments as the International Monetary Fund engages with the private sector and industry to help its members unlock the potential of blockchain.

2018-11-14 23:00
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Ripple CEO Brad Garlinghouse Speaks About Blockchain Use in ASEAN at Singapore Fintech Festival

Ripple CEO Brad Garlinghouse talked about the opportunities for digital assets and blockchain technology in the ASEAN region. Speaking with IMF’s Deputy General Counsel Ross Leckow, Garlinghouse noted on Monday that the unique regulatory frameworks of the region could help in the creation of game-changing technology that will change the future of global payments.

2018-11-13 18:29	ripple
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The Daily: Binance to Expand in Singapore, Uphold Launches Loan Service

In today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.

2018-10-23 13:15	Wirex
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Former UBS Bankers Are Building a Crypto Bank in Switzerland

Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman.

2018-9-27 22:14	Digital assets
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eCash Founder David Chaum Makes Bold Promises with Elixxir Blockchain

Over 30 years after creating eCash, a predecessor of bitcoin and other cryptocurrencies which spawned the Cypherpunk movement of the 1980s, Dr. David Chaum is back in the public eye with a claim of having invented “the world’s fastest cryptocurrency.

2018-9-22 23:59	blockchain
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.

2018-8-24 00:24	Regulation
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MetLife Builds First Automated Blockchain Insurance Solution

LumenLab, the “pioneers for disruptive innovation” under MetLife, has started testing Vitana, the first ever automated insurance solution on the blockchain, we’ve learned via a press release.

2018-8-23 20:46
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How one Company Is Changing the way Cryptocurrency Payments Work in Singapore

Cryptocurrency is a big umbrella these days. With a whole bunch of coins, blockchains, and ICOs out there, and new ones every day, the industry contains a lot of potential and diversity. But in the beginning, when crypto first came about, it was intended to be used as a currency, as a means of exchange for goods and services.

2018-8-14 10:00	Press Release
cryptocurrency singapore work one company payments changing

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World’s Leading Cryptocurrency Payment Platform UTRUST Join Forces With Pundi X in Singapore

Bitcoin Press Release: UTRUST to deploy Pundi X POS to enable physical retailers to accept cryptocurrency payments June 21, 2018, Singapore – Two of the world’s leading digital payment platforms are joining forces to build an offline cryptocurrency payment platform for mainstream adoption.

2018-6-21 14:03	Virtual Currency
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Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered

In today’s increasingly globalized world — where international supply chains as well as the number of overseas workers are growing — it’s imperative to have fast, transparent cross-border payments.

2018-6-17 12:50	News
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TrueBiz.io Prepares To Launch ICO That Will Bridge The Gap Between Real Businesses & The Blockchain By Seamlessly Converting Crypto To Fiat

As the general public becomes more interested in obtaining Cryptocurrency so do the millions of merchants that want their business. What was a monumental task to integrate Crypto payments has now become so easy that “anyone can do it.

2018-6-11 01:00	Press Release

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Mitsubishi Corporation, Krungsri and Standard Chartered Pilot Payments from Thailand to Singapore on RippleNet

Mitsubishi Corporation, Standard Chartered and Bank of Ayudhya (Krungsri) — a Thailand subsidiary of MUFG Bank — jointly announced a pilot test for payments between Singapore and Thailand with xCurrent.

2018-6-17 01:00	News
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2019-11-12 02:00

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