2019-8-14 11:00 |
Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.
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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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Coinspeaker Bitcoin Cross-Border Payments Now Available in 60 Latin American BanksBantotal, a core banking service provider, is working closely with Bitex crypto exchange to facilitate cross-border payments using the Bitcoin blockchain targeting at least 60 Latin American banks.
2019-8-13 17:57 | |
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The newest buzz in blockchain development is leaning towards implementations on an enterprise level. Allianz Global Corporate & Speciality SE (AGCS) has confirmed they are building a tokenized ecosystem to utilize the blockchain for insurance payments.
2019-8-10 09:00 | |
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In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More.
2019-8-8 13:00 | |
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The U. S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.
2019-8-5 08:55 | |
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According to a press release from Trade Arabia, July 30, 2019, Mastercard and the Bahrain Electronic Network for Financial Transactions (Benefit), the only financial network in the Kingdom of Bahrain handling ATM and POS transactions, have established a partnership to provide a blockchain solution for banks to enable cross-border commercial payments.
2019-7-31 09:00 | |
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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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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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Bitcoin has long reigned as the top cryptocurrency, ever since the market began. Ripple joined the crypto industry years ago, positioning itself as an efficient and low-cost solution for cross-border payments, and much of the community took sides.
2019-6-22 21:27 | |
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The Malaysia Digital Economy Corporation (MDEC), has joined forces with the NEM Foundation and Jobbatical, an Estonian cross-border job marketplace to organize a new work visa programme for tech and distributed ledger technology (DLT) talents, in a bid to enrich the nation’s technology sector, according to a report by The Star Online on June 18,Read MoreRead More.
2019-6-22 21:00 | |
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Traveling is getting easier with the wider spread of cryptocurrencies. They can often prove more convenient than fiat money in cross-border payments, transfers and transactions. If you plan to visit the African continent, you can now use the services of a travel agency called Riddell Travel that’s willing to accept bitcoin cash for its services.
2019-6-22 16:45 | |
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In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic.
2019-6-8 13:30 | |
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In a bid to expand its reach, facilitate cross-border payments and offer existing customers more benefits, Line Pay, the digital wallet and fintech solution from the stables of Line Messenger, Japan’s largest messaging app, has announced its partnership with Visa, a global payments processor.
2019-6-7 15:00 | |
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Blockchain technology just got a major boost after 14 major financial firms led by the Swiss multinational investment bank UBS Group AG came together in developing a blockchain-based digital currency for use in instant cross-border payments, as reported by Nikkei Asian Review on June 3.
2019-6-5 17:34 | |
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The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token.
2019-6-3 13:22 | |
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Bitcoin (BTC) will always be a better solution for cross-border payments than XRP, according to the head of a Hong Kong-based remittance company. George Harrap, CEO of Bitspark, says that bitcoin has a clear edge because it is already globally accepted and has sufficient liquidity for established remittance companies.
2019-5-27 19:24 | |
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Even as blockchain is being widely used in cross-border payments, we look at the potential for widespread adoption, as well as the progress made thus far. An Offering for the World There is a lot of speculation that surrounds the future of blockchain and how it will be used in the world.
2019-5-15 17:00 | |
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Ripple currently enjoys a fair share in the current boom that is happening in the crypto-market. Outside this, the cryptocurrency is expanding its reach in every way including cross-border payments.
2019-5-15 16:19 | |
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This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.
2019-5-15 19:01 | |
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Ripple has been consistently expanding its horizon in the cross-border remittance field. Its cryptocurrency, XRP, also registered an extended slump in a rather bullish market, over much of the past few months.
2019-5-15 18:15 | |
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The collective cryptocurrency market underwent a bearish move yesterday after a few days in green pastures. Bitcoin momentarily fell on May 6, pulling down the price of almost all altcoins, including XRP and Stellar Lumens.
2019-5-7 18:00 | |
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Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
2019-5-3 17:40 | |
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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.
2019-5-1 17:15 | |
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By CCN. com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1.
2019-5-1 15:13 | |
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During the first edition of the Financial Sector Conference, a part of the Financial Sector Development Program, held in Riyadh, Saudi Arabia, on 24th & 25th April, Saudi British Bank announced the launch of its Ripple-powered payment services for instant cross-border payments.
2019-4-28 21:00 | |
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By CCN. com: Wall Street firm JPMorgan has a plan to save the banking industry’s lucrative cross-border payments business from alternatives such as Bitcoin and fintechs such as Ripple and TransferWise – expand the use cases for its permissioned blockchain network, the Interbank Information Network (IIN) to include settling payments.
2019-4-22 15:49 | |
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Bitcoin [BTC], the largest cryptocurrency by market cap, has grabbed the attention of Afghanistan, Tunisia, and Uzbekistan, as the countries march towards becoming the first to ever launch a state-issued Bitcoin bond.
2019-4-18 20:30 | |
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Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins.
2019-4-10 00:19 | |
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Luxembourg’s LPEA Association Says XRP Is A Payment Token Like Bitcoin According to a recent report released by XRP Arcade, the Luxembourg Private Equity and Venture Capital Association (LPEA), informed that XRP is a payment toke like Bitcoin (BTC).
2019-4-7 23:42 | |
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Coinbase announced its new cross-border cryptocurrency payment platform that is to use XRP and USDC which will be converted to supported local currencies. This has raised a lot of questions as to why Coinbase decided to work with XRP and not the leading cryptocurrency, Bitcoin (BTC).
2019-4-3 23:54 | |
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Popular international payments company Western Union has entered into a partnership with Thunes, a cross-border payments fintech startup, reports Finextra, March 21, 2019. The newly forged alliance allows Western Union customers to transfer funds directly into the recipient’s mobile wallet around the world.
2019-3-25 11:00 | |
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Today’s Video Briefing covers the coin crypto lovers love to hate: XRP, the token issued by Ripple Labs to provide liquidity for cross-border payments through xRapid and other financial products.
2019-2-27 18:36 | |
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An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019.
2019-2-23 00:42 | |
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Craig Wright, the Chief Scientist at nChain and Bitcoin SV (BSV) supporter, says that the JPM Coin proposed by JP Morgan requires a technology that has been patented by him. Just a few days ago, JP Morgan released a project to issue a new coin aimed at processing cross-border transactions and settlement between financial companies. […]
2019-2-16 00:50 | |
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Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins.
2019-2-15 16:59 | |
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Finablr, a United Arab Emirates (UAE) based fintech, and foreign exchange platform has announced that its network brands, UAE Exchange and Unimoni, have joined the blockchain technology bandwagon via Ripple’s RippleNet DLT network for cross-border payments, according to a press release on February 10, 2019.
2019-2-14 16:00 | |
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Western Union is testing Ripple’s technology to improve cross-border payments. That’s what Molly Shea, CEO of WU Asia Pacific, said in a podcast by analyseasia. Since the advent of Bitcoin, the market for international payments has been more competitive than ever before.
2019-2-14 00:18 | |
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Fears over government interference and internet surveillance have given rise to some novel experiments in sending offline transactions as somebody has transmitted bitcoin internationally by high frequency radio… through a snowstorm.
2019-2-13 14:00 | |
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Cross-border payments leader Swift has inked a partnership with blockchain-based startup R3 to integrate the latter’s trade finance platform to its latest payments standards framework GPI, reports CNBC on January 30, 2019.
2019-1-31 17:00 | |
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On January 22, 2018, Coinbase, the American cryptocurrency exchange, announced the launch of new trading and custody services for Coinbase Prime and Coinbase Pro which will allow high-volume investors in Asia and Europe to trade virtual currencies, make cross-border payments, and store digital assets in its cold storage.
2019-1-24 06:00 | |
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US-based cryptocurrency exchange Coinbase is looking to expand internationally with a new announcement today for its customers in Europe and Asia. Coinbase announced new services and features for high volume traders on both the Coinbase Pro and Coinbase Prime platforms.
2019-1-22 20:14 | |
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Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report.
2019-1-22 18:01 | |
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Kuwait Financial House announced in a tweet last week that the company started operating an instant cross-border remittance service through Ripple’s blockchain. The service was made available to beneficiaries at the Saudi Al Rajhi Bank in Saudi Riyal (SAR) with no remittance fees.
2019-1-21 17:59 | |
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XRP is the second largest cryptocurrency in the market after Bitcoin (BTC). This digital asset is trying to reach new financial institutions and companies around the world to perform cross-border transactions.
2019-1-21 05:41 | |
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CryptoNinjas Digital Currency Group company Grayscale Investments, the New York-based operator of the Bitcoin Investment Trust officially announced today the launch of the Grayscale Stellar Lumens Trust.
2019-1-18 07:34 | |
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Speaking on the sidelines of Ripple’s Swell conference, Cuallix CFO Nicolas Palacios talked about Ripple’s xRapid project and how it brings benefits to cross-border payments in Mexico. Cuallix is one of Ripple’s partner financial institutions and was one of the first firms to work on the commercially available xRapid platform.
2019-1-15 20:24 | |
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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 | |
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According to a press release published on January 8, 2019, Pakistan’s telecommunications company Telenor, in association with Valyou, has successfully launched a blockchain-enabled cross-border remittance service.
2019-1-11 21:00 | |
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Ripple, which is based in San Francisco is one of the biggest blockchain and cryptocurrency companies in the world. It is the majority holder of XRP, a top 3 cryptocurrency by market cap and wants to get a share of the $2 trillion cross-border payments business.
2019-1-9 22:09 | |
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The Bank of International Settlements (BIS) has released the blueprint of its instant cross-border payments solution dubbed Nexus. The BIS Innovation Hub says the Nexus solution will connect with Instant Payment Systems (IPSs) across nations to offer users superfast cross-border payments.