article thumbnail

Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. Featured image credit: Edited from Freepik The post Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement appeared first on Fintech Singapore.

article thumbnail

In Conversation With Emirates NBD: Embracing AI, Blockchain and Quantum for Digital Transformation

The Fintech Times

Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. “Blockchain presents opportunities in areas such as tokenised assets and real-time settlement, particularly in private markets. ” Digital is no longer just about access.

AI 91
article thumbnail

The Most Common Types of Contactless Payment Methods and How They Work

Stax

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection. Miners or validators verify the transaction on the blockchain.

article thumbnail

Empowering Financial Institutions: An Interview with the CEO of Almond FinTech

Fintech Review

Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Almond’s proprietary Settlement Optimization Engine (SOE) is transforming how the world thinks about cross-border payments through blockchain-driven protocols. Our SOE works the same way.

article thumbnail

‘Serenity’ and ‘IDEMIA Secure Transactions’ Launch sAxess Biometric Card for Enhanced Digital Security and Data Recovery

Fintech Finance

Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security 116
article thumbnail

OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

Fintech News

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. This demonstrates how blockchain can support evolving treasury and liquidity needs.

article thumbnail

Cybertech: Securing the Foundations of Finance

Fintech Review

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Whether protecting mobile banking apps or securing blockchain wallets, cybertech plays a foundational role. More than just firewalls and antivirus software, modern cybertech is proactive and adaptive.

Finance 59