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Fed Getting Into the Real-Time Payments Business, Crypto Community Lukewarm
Coinspeaker Fed Getting Into the Real-Time Payments Business, Crypto Community LukewarmFed announced creating a system that would allow consumers and businesses to send and receive money instantaneously allowing any U. дальше »
2019-8-6 11:35 | |
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New Bank Of Mexico FinTech Law May Stifle Crypto Startups
The Bank of Mexico's newly enforced FinTech law targets crowdfunding and electronic payments services, requiring businesses to have a minimum annual profit of $100,000 and asking for up to $35,000 in compliance fees. дальше »
2019-8-6 01:48 | |
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Russian Arms Manufacturers Dodge US Sanctions With Bitcoin
Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This, they claim, will help them to circumvent US and international sanctions. дальше »
2019-7-26 15:00 | |
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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. дальше »
2019-7-24 01:00 | |
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The Japs And The “XRP Killer”: What To Expect?
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. дальше »
2019-7-22 22:49 | |
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Japan And The “XRP Killer”: What To Expect?
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. дальше »
2019-7-23 22:49 | |
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Digital Payments Forum
Coinspeaker Digital Payments ForumThe Digital Payments Forum will have the best European financial institutions covering the biggest trends including: real time payments; blockchain; cyber security; open bank and API’s; FinTechs and much more.Digital Payments Forum дальше »
2019-7-19 01:44 | |
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Jamie Dimon Isn’t Worried About Competition From Libra
The CEO of America’s biggest bank, J. P. Morgan Chase, doesn’t believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. дальше »
2019-7-18 17:00 | |
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Santander Bank Taps Ripple Technology for a new xCurrent-Based Payment Corridor
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. дальше »
2019-7-16 21:00 | |
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Bitcoin's Use Case for Payments Strengthens with Lightning-Powered App
Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change. дальше »
2019-7-12 21:00 | |
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XRPL Labs’ Wietse Wind hints at ‘XRPL-bridged bank accounts’ for community to ease payments
Ripple has been working towards developing its technology and promoting its native crypto, XRP, for years now, managing to get many powerful financial institutions to use its tech. However, the general public still deals with problems related to payments and money transfers. дальше »
2019-7-6 17:00 | |
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UAE Targets Digital Payments Adoption, First Abu Dhabi Bank Partners with MoneyGram
First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc. дальше »
2019-7-2 23:00 | |
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Blockchain technology ‘not suitable for payments,’ says Bank for International Settlements’ Annual Report
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. дальше »
2019-7-1 16:00 | |
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Goldman Sachs might launch its own ‘cryptocurrency’ – just like JP Morgan
American banking giant Goldman Sachs might be following in the footsteps of its competitor JP Morgan. The bank is considering launching its own cryptocurrency. In an interview with French financial newspaper Les Echos today, Goldman Sachs CEO David Solomon said that they are doing extensive research on the concept of “tokenization. дальше »
2019-6-29 16:09 | |
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Big Banks Ask Regulators To Ensure A 'Level Playing Field' Following Libra Announcement
In a report published by the Bank for International Settlements, the "bank for central banks" asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business. дальше »
2019-6-24 19:01 | |
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Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks
It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto. дальше »
2019-6-24 09:55 | |
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CEO of Bank of America: “We Want a Cashless Society”
The banking industry accepts the fact that cryptocurrencies and other cashless payments solutions are the future. Now, the powerful traditional Bank of America has joined the unstoppable trend to build a cashless society. дальше »
2019-6-21 22:00 | |
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Florida City Officials Approve $600,000 Ransomware Payment of 65 Bitcoins
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. дальше »
2019-6-21 18:29 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Australia: Cryptocurrency unlikely for retail payments, Facebook or not
The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way. дальше »
2019-6-20 12:38 | |
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‘A Clear Threat’: Big Four Australian Bank Fears Facebook’s Crypto Libra
By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view. дальше »
2019-6-21 10:21 | |
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Wise MPay working with Jelurida to launch blockchain financial platform
Wise MPay working with Jelurida to launch blockchain financial platform - CryptoNinjas Singapore-based global payments technology company, Wise MPay, announced they are working with blockchain specialists, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform. дальше »
2019-6-19 05:07 | |
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Remittance Innovation in ASEAN Is Changing Lives for Workers Living Abroad
The Association of Southeast Asian Nations (ASEAN) continues to make its case as one of the world’s most exciting testing grounds for blockchain, cross border payments, and digital assets. Ripple has been part of much of this pioneering work with partners like SBI Remit, CIMB Group, Siam Commercial Bank, Mitsubishi Corporation and Standard Chartered, the … Continued The post Remittance Innovation in ASEAN Is Changing Lives for Workers Living Abroad appeared first on Ripple. дальше »
2019-6-20 00:17 | |
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Crypto wallet BRD partners with Wyre to enable in app purchase
Mobile cryptocurrency wallet, BRD, announced today it now allows US customers to purchase bitcoin, ethereum, and Dai using bank transfers. This added capability for US customers is supported by over 1,700 US banks, enabled through a new partnership with Wyre, a payments provider for the blockchain industry. “With over $6B USD worth in crypto assets […] дальше »
2019-6-14 18:46 | |
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BRD Partners with Wyre to Bring Industry-Low Bank Transfer Fees for Crypto
BRD, a secure cryptocurrency mobile wallet used by roughly two million users in 170 countries, announced its new partnership with Wyre, a leading payments provider for the blockchain industry. This… The post BRD Partners with Wyre to Bring Industry-Low Bank Transfer Fees for Crypto appeared first on CoinCentral. дальше »
2019-6-14 12:00 | |
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Everex Announces Collaboration With Lao Development Bank
Singapore-based blockchain services provider EVX Holdings, Pte. Ltd. , operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance. дальше »
2019-6-13 00:55 | |
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Major Banks Join Hands to Develop Cryptocurrency for Overseas Money Transfers
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. дальше »
2019-6-5 17:34 | |
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Bank of Japan, European Central Bank complete phase three of cross-border payments testing
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. дальше »
2019-6-5 15:30 | |
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LocalEthereum temporarily removes fees to buy or sell Ethereum via cash
Bitcoins and other cryptocurrencies, although revolutionizing payments, are yet to find haven in some countries like India, China, and Iran, among others, due to non-existent regulatory clarity. Recently, LocalBitcoins. дальше »
2019-6-2 13:30 | |
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3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls
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. дальше »
2019-5-25 01:01 | |
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Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments
By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. дальше »
2019-5-24 22:55 | |
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Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President
The European Central Bank (ECB) recently published a paper titled “Crypto-Assets: Implications for financial stability, monetary policy, and payments… The post Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President appeared first on Invest In Blockchain. дальше »
2019-5-22 23:37 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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Bitcoin [BTC]: European Central Bank releases paper on cryptocurrencies’ implications for financial stability
European Central Bank, the central bank for Europe and the entity that administers the monetary policy of the EU countries, released an occasional paper titled ‘Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructure. дальше »
2019-5-17 13:15 | |
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Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox
NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […] дальше »
2019-5-16 20:28 | |
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tap Is About To Transform International Payments As We Know It
Cryptocurrencies are not localized and are also not controlled by any particular bank or financial institution. For travelers who happen to change locations, possibly moving to regions with varying currencies, spending cryptocurrency could become a very convenient transaction model once the proper mechanisms are put in place. дальше »
2019-5-16 10:18 | |
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RippleNet: The only thing customers will notice is that its fast, says Al Ahli Bank CTO
Ripple has been trying to promote its technology almost everywhere in the world through partnerships with financial institutions. Ripple partnered with Al Ahli Bank of Kuwait in February in order to enable instant cross-border payments for the bank’s customers. дальше »
2019-5-12 00:30 | |
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“Cashless” Sweden Wants Citizens to Hoard “Cash” in Case of Cyberwarfare
Sweden’s Civil Contingencies Agency issues guidance to stockpile cash Could Bitcoin have a role to play in case of emergency like power cuts, technology glitches, terrorism or war Cashless payments are what the world is moving towards and the Swedish government has been the example for that “cashless society.” The central bank of Sweden, Riksbank […] дальше »
2019-5-11 20:44 | |
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LG And Leading Korean Bank Team Up To Work On Blockchain Payments, Possible Token On Ethereum
LG Group and KB Financial Group have signed a memorandum of understanding (MoU) to launch a joint venture on… The post LG And Leading Korean Bank Team Up To Work On Blockchain Payments, Possible Token On Ethereum appeared first on Invest In Blockchain. дальше »
2019-5-9 07:28 | |
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Thai Central Bank’s lnthanon Digital Currency Project To Build RTGS Interbank For CBDC Payments
Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […] дальше »
2019-5-8 23:38 | |
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NYPD Reports Over $2 Million in Bitcoin Stolen by Thieves via Phone Scams Posing as Authorities
Phone scams are on the rise according to officials at the New York Police Department. Thieves have stolen over $2 million posing as false social security officials. Requesting payments are made in BTC, prepaid gift cards and bank wire transfers, they have forced the police to issue warnings to unsuspecting targets. Using trust warranted by […] дальше »
2019-5-4 02:25 | |
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Sweden’s Central Bank Asks Gov’t: What’s ‘Legal Tender’?
Sweden’s central bank has its parliament to form a committee to review what constitutes legal tender in the country. Originally reported by Bloomberg’s Amanda Billner, the new committee will give a definitive answer on the definition of legal tender as Sweden increasingly moves away from cash to credit and debit cards for paying for goods and services. дальше »
2019-5-3 12:00 | |
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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. дальше »
2019-5-2 19:21 | |
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