Remove Authorization Remove Cross-Border Payments Remove Distributed Ledger Technology (DLT)
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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

Usage patterns differ, technological approaches diverge, and key challengesfrom privacy concerns to merchant adoptionremain unresolved. Early deployments across Asia, the Caribbean, and Europe reveal how people are using CBDCs, how merchants are responding, and what this means for cross-border payments in an increasingly interconnected world.

CBDC 88
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Key considerations for the adoption of digital currencies

Finextra

A new way of settling transactions Firstly, when we talk about digital currency we are referring to the registration of a fiat currency (such as the pound) on a Distributed Ledger Technology (DLT)-based network with a 1:1 relationship to the fiat currency. It expresses the views and opinions of the author.

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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

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Ripple Enables Real-Time Payments Into China Via LianLian

PYMNTS

7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China. Cross-border payments related to China’s eCommerce market reached $1.07

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Examining Thailand’s Fintech Landscape

The Fintech Times

Similar to other regions across Asia, mobile payments are now preferred as a payment method over card payments by 70 per cent of Thai consumers. QR codes have also become a popular payment method in Thailand. In 2019, the Bank of Thailand launched a regulatory sandbox initiative.

FinTech 116
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 World Bank Sees DLT Potential For Cross-Border Transactions

PYMNTS

The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

24) from the BIS monetary and economic department titled “ Stablecoins: Risks, Potential and Regulation ,” the authors contended that stablecoins — including but not limited to Facebook’s Libra — pose a range of challenges to financial authorities around the world. In a paper that debuted Tuesday (Nov.