2023-3-23 13:12 |
Coinspeaker SWIFT Alternative: Xapo Bank Integrates USDC Payment Rails Asides from integrating a USDC payment rail, Xapo Bank recently partnered with Faster Payment System (FPS) to extend its global reach.
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Payment solutions are vital to the mainstream adoption of cryptocurrency, and there have been a variety of crypto payment systems developed over time. These different payment systems assist blockchain applications to be adopted easily in various industries.
2019-9-4 20:34 | |
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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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Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.
2019-8-20 00:04 | |
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Santander Group unveiled its plan to expand services associated with Ripple technology. With the aim of building an efficient payment gateway, the bank wants to deliver services to Latin American customers so that they can carry out transactions and send the money effectively to the US without any charges.
2019-8-19 23:16 | |
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China’s leading online payment platforms will face fierce competition from both the PBOC coin and Facebook’s Libra
2019-8-19 09:12 | |
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At the third “China Financial Forty People Yichun Forum,” held on August 10, the deputy director of the Payment and Settlement Division of the People's Bank of China, Mu Changchun said the central bank’s digital currency DC/EP is now “ready” after five years of research.
2019-8-12 03:56 | |
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According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers.
2019-8-12 21:42 | |
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Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready.
2019-8-11 12:33 | |
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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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Coinspeaker Swiss Forex Bank Dukascopy Promotes Adoption of Its DUK+ CryptoGeneva-based Dukascopy Bank - the first bank to issue an Ethereum-based cryptocurrency Dukascoin which serves both as payment and speculative utility.
2019-7-30 21:16 | |
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US-based bank, Capital One, revealed last night a data breach that exposed data of exposed the data of 106 million credit card applicants including names, phone numbers, addresses, and dates of birth.
2019-7-30 08:05 | |
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The central bank of Germany, the Bundesbank, released a bulletin in which they say that Libra’s benefits should be allowed despite regulatory uncertainty. The bulletin was titled Crypto tokens in payment transactions and in securities settlement and it was published on July 22nd, according to Cointelegraph.
2019-7-23 18:54 | |
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Ripple has been bagging huge partnerships this year and therefore gaining a lot of traction. Today, it has come to light that one of the largest banks in the US, Bank of America filed a patent application for a distributed ledger system for interbank communications based on Ripple’s distributed ledger technology (DLT).
2019-7-23 22:44 | |
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The Japanese have a way of being ahead of others when it comes to technology development. After all, Satoshi is said to be Japanese. A year ago, Mizuho Bank one of the biggest banks in Japan started working on a cross border payments system.
2019-7-22 22:49 | |
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The Japanese have a way of being ahead of others when it comes to technology development. After all, Satoshi is said to be Japanese. A year ago, Mizuho Bank one of the biggest banks in Japan started working on a cross border payments system.
2019-7-23 22:49 | |
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PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.
2019-7-18 11:03 | |
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Santander Bank, a leading Spanish financial institution established in 1857, now facilitates cross-border payments between the United Kingdom and Poland free of charge, through its Pay FX digital banking app which is powered by Ripple’s xCurrent, according to reports on July 14, 2019.
2019-7-16 21:00 | |
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The recent Bank for International Settlements report has stated that cryptocurrency’s backbone, blockchain, might not be “suitable for payment at all. ” Referring to the market’s 2018 crypto-winter when prices fell to new lows, the report stated that regulatory action has a significant impact on digital assets’ valuation, transaction volume, and user base.
2019-7-1 16:00 | |
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The Bank for International Settlements (BIS), an institution owned by the world's central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system.
2019-6-25 16:18 | |
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The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system.
2019-6-24 16:18 | |
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The Reserve Bank of Australia has ruled that Bitcoin and other cryptocurrencies don’t threaten Aussie dollars or other forms of fiat payment. After a review on cryptos, they think it’s “difficult to envisage” an outbreak of Bitcoin users in the country.
2019-6-23 01:23 | |
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As cryptocurrency makes a sheepish entry into the mainstream, every individual, industry, and nation is finally forced to choose sides between the status quo and the disruption. Numerous entities have also put forth their interests in the ecosystem through various gestures including partnerships, payment acceptance and trademark registrations.
2019-6-21 13:15 | |
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By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under.
2019-6-21 10:55 | |
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According to Brian Moynihan, CEO of Bank of America (BoA), one of the largest banks in the U. S. , BoA wants a cashless society. Moynihan also said the heavy reliance on modern payment/money transfer technologies has changed the way money works, reports Fortune on June 19, 2019.
2019-6-20 20:40 | |
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By CCN Markets: Hackers who paralyzed Florida’s Riviera Beach City’s IT infrastructure are about to laugh all the way to the bank. This is after the Riviera Beach City Council voted to authorize the city’s insurer to meet the ransom demands of the hackers who planted ransomware in the city’s computer systems.
2019-6-21 18:29 | |
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BRD, a global crypto wallet mobile company, has announced a blockchain collaboration with Wyre. Wyre is a blockchain infrastructure and payment firm. For this reason, United States customers are legible to use bank transfers in buying of Bitcoin, Ethereum, and Dai.
2019-6-15 04:12 | |
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Being an entrepreneur in a country rife with inflation and corruption and crippled by economic sanctions can be a stressful business. If the national bank decides to go under and shut down its payment processes, it is likely that your business is going with it.
2019-6-7 15:17 | |
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CryptoNinjas SIA, the leading European hi-tech company in the payment services and infrastructures sector, and Quant Network, a UK-based blockchain technology company, today announced they have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial.
2019-6-6 17:44 | |
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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.
2019-6-5 15:30 | |
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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.
2019-6-4 01:30 | |
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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.
2019-6-4 01:30 | |
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The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has ‘Big Risks’ Speaking to the country’s parliament, the Duma, about the Bank of Russia’s impact over 2018, Elvira Nabiullina continued an increasingly bearish stance on cryptocurrency.
2019-5-31 12:00 | |
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The Central Bank of The Bahamas (CBOB) is set to move one step closer toward a nation-wide digital payment structure as it looks to ink a business partnership with transaction provider NZIA. io on May 30, 2019.
2019-5-30 13:00 | |
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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.
2019-5-25 01:01 | |
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The head of the Bank of Russia told a Russian governmental committee that they would consider creating a gold backed cryptocurrency. Elvira Nabiullina spoke in front of the Duma and suggested that a gold-backed cryptocurrency could be a solution for cross border payment issues that arise for Russians.
2019-5-24 09:13 | |
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The nascent field of cryptocurrencies has been seeking major mainstream adoption, especially from financial institutions. Ripple, the native company of the third largest cryptocurrency, managed to promote its services and would provide payment services to the oldest Thai bank, Siam Commercial Bank [SCB].
2019-5-23 16:30 | |
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Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019.
2019-5-22 15:00 | |
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In yet another demonstration of the effectiveness of Ripple’s payment solutions, the project has launched a new remittance corridor… The post Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank appeared first on Invest In Blockchain.
2019-5-21 10:08 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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CryptoNinjas Citowise, a cryptocurrency wallet and payment ecosystem, has announced the latest helpful feature for users, allowing them to sell their crypto assets right from the wallet’s CopPay integrated service.
2019-5-7 16:59 | |
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In New York, Bitcoin scammers are impersonating Social Security Administrators. A report by The Next Web reveals the New York Police Department (NYPD) sent out a warning to the public, alerting them to fraudsters who call and ask for payment in bank wire transfers, bitcoin (BTC), and prepaid gift cards.
2019-5-3 20:00 | |
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The Monetary Authority of Singapore has little faith in Ripple’s payment products, according to a senior official
2019-5-3 13:41 | |
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The Bank of Canada and the Monetary Authority of Singapore announced the successful completion of a cross-border and cross-currency payment pilot using central bank digital currencies.
2019-5-3 20:10 | |
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Known for a multitude of partnerships, Ripple has just begun a new team up with Saudi Arabia’s British Bank. SABB has been in the market for a new partner to help set up an instant cross-border payment service.
2019-5-2 17:36 | |
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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.
2019-5-2 14:03 | |
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New York’s Police Department (NYPD) is alerting the public about phone scammers posing as Social Security Administration officials and requesting payment in Bitcoin, prepaid gift cards, and bank wire transfers.
2019-5-2 13:05 | |
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По словам партнёра Lightspeed Venture Partners Джереми Лью, к 2030 году цена биткоина может достичь $500000. Его прогноз поддержал соучредитель Blockchain. com Питер Смит. После впечатляющего роста биткоина почти до $48000 аналитики и трейдеры выдвинули несколько версий по росту главной криптовалюты к 2030 году.
Кастодиальный финансовый сервис Харо с первого марта заморозит работу с...
Сообщение Кастодиан Харо прекращает работу в США появились сначала на ПрофитГид.
Xapo, one of the earliest bitcoin custodians, is ending its service to U.S. customers as of March 1.
An unknown bitcoin whale has moved the largest fiat value bitcoin sum in history. The transfer moved 88,857 BTC worth $1. 16 billion from a Xapo wallet to an unknown one. Data from Blockchain. com shows that the whale moved the sum across two transactions of 43,185 BTC and 45,671 BTC respectively.
The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as […] The post Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange appeared first on Bitcoin News.
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets.