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Keepz Facilitates Digital Currency Payment Option for Taxes in Georgia

The Fintech Times

Georgian fintech Keepz has collaborated with the Georgian Revenue Service to make digital currencies a payment option for taxes. This offering creates a unified market for competition, positioning both the service and the country as an innovative digital channel for businesses and taxpayers alike.”

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Xoom Enables Partners to Use PayPal USD for Faster Cross-Border Payments

Fintech News

Xoom, a PayPal service, offers digital remittance services in over 160 countries, providing users with a convenient platform to send money, pay bills, and reload phones. This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchain technology.

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Swift, UBS, and Chainlink Advance Tokenised Fund Settlement Under Project Guardian

Fintech News

The pilot showcased how financial institutions can use Swift’s infrastructure to facilitate off-chain cash settlements for tokenised funds with fiat payment systems across more than 11,500 financial institutions in over 200 countries. ” said Sergey Nazarov, Co-Founder of Chainlink.

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Swift, UBS Asset Management, and Chainlink Successfully Complete Innovative Pilot to Bridge Tokenized Assets With Existing Payment Systems

Fintech Finance

The pilot showed how financial institutions can leverage blockchain technology, the Chainlink platform and the Swift network to settle subscriptions and redemptions for tokenized investment fund vehicles, thereby allowing the straight-through-processing of the payment leg without the need for the global adoption of an on-chain form of payment.

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SCB 10X Introduces ‘Rubie Wallet’ for Stablecoin Payments at Devcon 2024

Fintech News

The wallet facilitates transactions using PBM and was unveiled at the Ethereum Foundation’s conference. Developed in collaboration with Siam Commercial Bank ( SCB ), InnovestX, Fireblocks, Elliptic, Circle, and Base, the wallet offers a streamlined alternative to traditional currency exchange methods.

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UBS Successfully Pilots Blockchain-based Payment Solution for Cross-Border Transactions

The Fintech Times

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients. UBS Digital Cash looks to facilitate timely payment processing to combat this.

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APAC Sees 23% Decline in Crypto Fraud

Fintech News

Education also plays a key role, with leading universities including the National University of Singapore (NUS) and the Singapore Management University (SMU), offering specialized blockchain programs. Similarly, Hong Kong supports crypto innovation through a highly advanced digital infrastructure and strong cybersecurity measures.