2018-12-12 10:59 |
Germany-based payments startup Bitwala is now offering crypto banking services in the country.
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NatWest has become the latest British banking giant to block payments to Binance
2021-7-22 14:51 | |
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This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance mobile app and web service called Cross — offering faster, lower cost payments to Thailand and the Philippines.
2018-12-11 06:15 | |
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R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.
2018-12-6 01:54 | |
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Even though Ripple has been criticized for its pre-mined coins, banking influence, and centralization qualities, the platform – on the upside – has done a positive job with speed and reducing cross-border payment costs.
2018-12-3 05:32 | |
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CoinSpeaker RippleNet Further Continues Its Win Streak Partnering with CIMB Banking Group The RippleNet frenzy continues to win over the regions of Asia, as starting from now, the company streamlines cross-border payments of Malaysian banking group CIMB.
2018-11-16 21:16 | |
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CIMB will use RippleNet DLT product to target ASEAN countries with instant cross-border payments.
2018-11-15 20:01 | |
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Ripple, a global payments network is currently in the process of expanding as they onboard new customers and financial firms. According to Bloomberg’s article published on November 15, 2018, Ripple’s popularity with financial institutions may one day overtake the Society for Worldwide Interbank Financial Telecommunication (SWIFT) banking network, as the blockchain-based company uses newer and […] Ripple’s CEO Believes That the Blockchain Startup May Topple the Swift Banking Network was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-11-15 17:29 | |
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Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.
2018-11-15 16:00 | |
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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 | |
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What Is Wanchain? Wanchain is a cross-chain blockchain infrastructure designed to facilitate asset transfers and host dApps for the financial industry. From investments to banking, payments, and more, Wanchain hopes to replace legacy banking systems around the globe with blockchain-based solutions using Wancoin, the proprietary cryptocurrrency of Wanchain.
2018-11-13 19:32 | |
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Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports.
2018-11-11 04:15 | |
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Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U. S. with money laundering and organizing a scheme to evade U.
2018-11-7 10:35 | |
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New Ripple Ad Shows How Slow Traditional Banking Systems Are The recognized financial and crypto company Ripple has just released a new advertisement related to the banking industry. In the ad, it is possible to see how Ripple mocks current cross-border payments made by financial institutions.
2018-10-31 19:56 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multinational has plans for a management system of fractional reserves of blockchain currency.
2018-10-30 23:00 | |
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The “bankization” of cryptocurrencies seems inevitable, as a slew of traditional players enters the crypto-finance market. In the latest development, U. S. payments processor Mastercard filed a patent applying the concept of fractional reserve banking to cryptocurrency payments.
2018-10-29 10:00 | |
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC).
2018-10-24 20:14 | |
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South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Compared to other major economies on the continent, South Africa has allowed digital currency-based payments, trades and investments to flourish almost unhindered.
2018-10-19 08:59 | |
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In recent times, there has been high concentration on the effect that xCurrent and xRapid will bring to the world banking system and mode of online payments. This two products by Ripple have actually increased XRP adoption.
2018-10-13 16:40 | |
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Nostro accounts are both the backbone and the bane of international banking. They are the providers of liquidity; accounts that large financial institutions hold in local market currencies on each side of a transaction to facilitate a payment.
2018-10-13 21:58 | |
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Is Ripple Able to Reach $1 Trillion Dollars? XRP is one of the most valuable and known cryptocurrencies all over the world, and it usually generates excitement in the cryptocurrency community. It clearly has the potential to change the way in which the banking industry and financial institutions send and receive payments. However, it is […]
2018-10-12 18:31 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.
2018-10-12 12:00 | |
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The leading partner with Ripple, Santander has now teamed up with SWIFT to go live in four countries including, Poland, the UK, Spain and Argentina. The banking giant will be using SWIFT’s Global Payments Innovation GPI technology for cross-border payments.
2018-10-12 11:30 | |
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Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency.
2018-10-11 13:30 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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October 17 and 24, 2018 Today, Fintech has a strong position in the financial market because the banking sector has experienced a number of difficulties, which has reduced public confidence in the traditional banking system.
2018-10-6 21:07 | |
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The global financial network relies on the Belgium-based SWIFT network to manage payments. While the system is the most reliable solution for banking entities around the world, cross-border payments are still a problem with several banks.
2018-10-2 20:19 | |
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The inefficient management of global liquidity has long been a hurdle for cross-border payments in all regions across the world. However, this problem is particularly prominent in the Association of South Eastern Asian Nations (ASEAN) region, which has been largely underserved by correspondent banking.
2018-9-28 19:17 | |
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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 | |
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The Japanese banking giant plans on rolling out the “S Coin” in an attempt to dominate the mobile payments sector. This new project fits the overall vision of the company to ultimately help Japan turn cashless.
2018-9-27 21:10 | |
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International investment bank and financial service provider JP Morgan Chase have announced the enrolment of 75 new banks on their new and growing blockchain payment platform. The platform is a part of a collaboration between JP Morgan, ANZ and the Royal Bank of Canada.
2018-9-25 20:00 | |
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Blockchain technology is one of the emerging technologies in the world now, especially in the financial services and banking business. Mastercard, a leading card company in the world, is taking new strides into blockchain technology.
2018-9-21 20:49 | |
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Blockchain technology is changing the way in which financial institutions work, and this can be seen with the latest developments related to the Ripple Network. Falk Rieker, Global Head of Industry Business Units for Banking at SAP, talked about how traditional financial institutions are using Ripple for cross-border payments. He explained that banks all over […]
2018-9-20 07:12 | |
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Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer "easy bank transfer application" without fees.
2018-9-15 22:03 | |
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Republic Protocol, the crypto dark pool ecosystem today announced a new partnership with Wyre, the blockchain payments company to bring liquidity, and KYC service to RenEx. Wyre specializes in infrastructure to bridge the gap between traditional banking.
2018-9-15 16:10 | |
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Cryptocurrency may be banned in Zimbabwe, but bitcoin is helping ordinary folk make payments bank-free. It makes for a great fit for the more than 10 million Zimbabweans who lack access to basic banking services.
2018-9-13 16:20 | |
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After successfully trialing blockchain-based payments for wholesale interbank settlement, South Africa’s central bank has scooped up the award for Best Distributed Ledger Initiative at Central Banking’s “FinTech RegTech Global Awards 2018.
2018-9-11 00:00 | |
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Iran’s defiance of the US sanctions and its entry into alternative financial systems is creating inroads for cryptocurrencies. After being sidelined from the Belgium-based global banking and finance system SWIFT, the country is left with few options to handle payments and remittances internationally.
2018-9-6 16:59 | |
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IBM has officially dipped its toes in the cross-border payments pool, having brought its long-awaited Blockchain World Wire payments system out of beta testing. According to the computing multinational’s website, the Stellar-powered system will be used by financial institutions settling cross-border payments “in near-real-time,” purportedly offering a faster, cheaper replacement for the banking intermediaries of today.
2018-9-6 06:00 | |
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Tech giant IBM has recently in announced that they are introducing, cut costs, lower transaction times and the Blockchain World Wire (BWW), which is a cross-border payment system aimed to phase out banking intermediaries.
2018-9-5 13:00 | |
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Australia has been at the forefront of blockchain development and cryptocurrency acceptance this year. With several deals inked between major banks and corporations and an increasing adoption of digital currencies nationwide it is growing into a crypto powerhouse.
2018-9-5 17:00 | |
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Feniks. Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks. Finance can be used as an international banking system for information transfer and payment execution.
2018-9-4 12:03 | |
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This past week has seen progress in two aspects of Bitcoin: privacy and payments. Attitudes toward blockchain technology are also showing progress as two surveys reveal.
2018-9-1 02:06 | |
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Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and […]
2018-8-30 17:00 | |
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Open Law and ChainLink are teaming up to bring real-world valuations of smart contracts to the digital space according to August 14, 2018, reports. Capitalizing on the Blockchain ChainLink is a blockchain platform which allows smart contracts to access off-chain assets like APIs, traditional banking payments, and data feeds.
2018-8-19 14:00 | |
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Merchants can now use a Bitcoin full node to process their own payments via the BTCPay server for under $6 a month — with or without Lightning Network functionality. Removing Microsoft Azure Reliance A guide to the solution from creator and Bitcoin developer Nicolas Dorier published August 18 explains how merchants who want to accept payments without banking formalities can now do so entirely independently.
2018-8-19 22:00 | |
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Bitwala, a Berlin-based cryptocurrency banking service, today announced it now offers its users the ability to trade Ether (ETH), the cryptocurrency of the Ethereum network. ETH is the world’s leading programmable blockchain and the second largest cryptocurrency by market capitalization, after Bitcoin.
Bitwala, a German licensed bitcoin banking service app, today announced a new integration solution with CryptoTax. Now, for users of Bitwala, enclosing statements on cryptocurrencies with their tax report will be as simple as attaching a PDF-file to an email.
Europe bitcoin bank service Bitwala raises ˆ13 million to accelerate growth » CryptoNinjas Bitwala, the German-headquartered crypto-first bank app servicing the European Economic Area, today announced it has raised an additional ˆ13 million in a Series A funding round to accelerate growth and offer B2B accounts International investors led by Sony Financial Ventures and NKB Group are investing in the company to help fuel expansion.
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.
Bitwala, a German-based bitcoin exchange and payment company, today announced that only weeks after their official launch, users have already traded a total of EUR 1 million worth of bitcoin. Bitwala is the only banking service presently... Source
Blockchain startup Bitwala has raised ˆ4 million in new funding that will help develop a planned blockchain bank account offering.