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OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology. By utilising blockchain technology, the exchange of cash and securities becomes near-instantaneous, a significant improvement over traditional repo markets where the process can take at least one business day.
Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. By integrating with the Whale platform, Standard Chartered facilitated the seamless transfer of SGD liquidity within Ant International’s group of entities.
Morgan’s Kinexys Digital Payments, connecting blockchain-based tools with real-time payment rails. Morgan’s blockchain business unit, facilitates real-time money transfers using commercial bank funds. This partnership combines Mastercard’s expertise in blockchain-based solutions with J.P.
This platform utilises blockchain technology, advanced encryption, and AI to enhance the speed, efficiency, and transparency of cross-border transactions. This demonstrates how blockchain can support evolving treasury and liquidity needs.
Looking to facilitate direct payments between businesses and customers in real-time through a new open banking solution, a three-way partnership has been announced between Eviden , the Atos Group business focusing on digital, cloud, big data and security, fintech innovator Ordo and blockchain company, ByzGen.
This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchain technology. Yellow Card, Africa’s largest licensed stablecoin on/off-ramp fintech, will also leverage PYUSD to facilitate transactions. ” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.
By integrating blockchain-based payments into public finance using Keepz, taxpayers can now make payments via QR codes, without the need for app downloads or registrations, ensuring a frictionless user experience. ” The post Keepz Facilitates Digital Currency Payment Option for Taxes in Georgia appeared first on The Fintech Times.
Nebraska’s Department of Banking and Finance has approved an application from blockchain-based financial service provider Telcoin to become the state’s first Digital Asset Depository Institution.
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.
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.
The integration with Nium Verify is powered by Liink, Kinexys’ blockchain-based platform. Liink, a blockchain-based platform developed by Kinexys, facilitates secure and private information exchange among global institutions, including banks, credit unions, fintechs, and digital banks.
Blockchain data platform Chainalysis has acquired web3 security solutions provider Hexagate. The acquisition aligns with Chainalysis’ mission to build trust in blockchain ecosystems by integrating Hexagate’s machine learning-based threat detection and prevention technology, benefiting chains, protocols, and exchanges.
The wallet facilitates transactions using PBM and was unveiled at the Ethereum Foundation’s conference. Utilising the Base blockchain allows for low-cost transactions. Rubie Wallet enables attendees to convert regulated US dollar-pegged stablecoins into THBX, a Thai Baht stablecoin.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
Through this collaboration, Paycode and Algorand will explore integrating public blockchain technology to strengthen digital identity systems, improve transparency, and unlock new models for delivering secure, inclusive payments at scale. “Paycode is already reaching some of the most difficult places to serve. .
Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. Ripple aims to facilitate global adoption through partnerships with these and other market makers and payment providers, focusing on the Americas, Asia-Pacific, UK, and Middle East regions.
Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. The blockchain sector is notorious for overpromising and underdelivering.
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.
Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.
DBS Bank has introduced DBS Token Services, a suite of banking services that uses blockchain technology to offer faster and more efficient transactions for institutional clients. This blockchain service operates through DBS’s permissioned blockchain, ensuring full control while maintaining compliance.
As more firms look to enter the blockchain and decentralised space, easy integrations and the ability to develop applications are an absolute must. Additionally, Axelar network will help facilitate the deployment of cross-chain dApps directly on the XRPL. The Axelar Foundation will broaden blockchain adoption by facilitating RWA.
Through the launch, the DTCC aims to leverage blockchain technology to streamline the flow of collateral across siloed infrastructure, unlocking major capital and operational efficiencies. Heading The collateral management platform is an application on the DTCC AppChain, built atop LF Decentralized Trusts Besu blockchain.
Under the MoU, ADGM and Chainlink will foster a dialogue on regulatory matters in blockchain, AI, and other emerging technologies. Chainlinks services, including blockchain interoperability and verifiable data solutions, are facilitating liquidity across global markets, enabling over $19trillion in transaction value.
Both Hong Kong and Switzerland are making strides in the development of blockchain and cryptographic technologies individually. Additionally, it encourages interested companies, startups, and investors to develop their businesses within highlighted areas by providing relevant information and facilitating network building.
Held under Chatham House rules designed to facilitate actionable outcomes through meaningful dialogue, Insights Forum convenes over 3,000 global regulators, policymakers and industry leaders for outcome-focused leadership dialogues and exclusive networking. ” said Stefan Grasmann, Chief of Blockchain at Zühlke.
The Solana Foundation has introduced two new developer tools, Solana Actions and blockchain links (blinks), to make blockchain transactions more accessible and seamlessly integrated into everyday digital platforms. This feature aims to make decentralised applications more user-friendly and widely accessible.
Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. It also plans to provide financial, technical, and business support to developers.
Amazon While not officially confirmed, Amazon has also explored blockchain-based payments. Additionally, you’ll need some sort of ecosystem that facilitates spending, saving, and earning that customers trust and frequently engage with in order to facilitate stablecoin transactions.
Global fintech company, Unlimit collaborates with TRON DAO aimed at enhancing its payment solution and facilitating easier access to DeFi, GameFi, and NFT platforms in emerging markets. Unlimit will utilize Energy as a Resource which will reduce the on-chain gas fees on the TRON network, making its service even more cost-effective.
Blockchain technology, initially synonymous with cryptocurrencies like Bitcoin , has evolved beyond its origins. This article delves into the diverse ways blockchain is reshaping fintech, focusing on smart contracts, cross-border transactions, and enhancing transparency and security.
Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology. They facilitate transactions between buyers and sellers. Cryptocurrency is a digital currency form that uses cryptographic technology to secure transactions and control the creation of new units.
In March 2025, Qatar National Bank (QNB) began leveraging Kinexys Digital Payments (KDP) as its blockchain payment system for USD corporate flows. Kinexys by J.P. Through the relationship, QNB can address the complex challenges in the industry for commercial settlements, such as cross-border payments and liquidity funding needs.
Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. The National Bank of Cambodia (NBC) has been instrumental in facilitating these digital currency evolutions. This move is expected to facilitate the use of the local currency.
KuCoin Pay will reduce transaction fees and facilitate immediate settlement of crypto payments, aligning with the company’s goal of enhancing the blockchain ecosystem. Furthermore, the new platform will be able to broaden the reach of payments across the globe as it supports a large range of cryptos and blockchain networks.
Bridging the Gap: A Collaborative Approach to Blockchain & Crypto Partnerships with Shayaan Khanna at Mastercard As recently as 2022, it seemed as though blockchain and cryptocurrency companies were about to reshape large swathes of the global financial sector right away.
A key focus of this initiative is deepening liquidity in tokenised asset markets, facilitating greater capital raising and trading. Access to a common settlement facility is also being facilitated through the SGD Testnet, featuring S$ wholesale central bank digital currency (CBDC) for market testing.
Emerging technologies such as artificial intelligence (AI) and blockchain are being adopted at a fast pace, with generative AI becoming a critical tool for financial institutions. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0,
According to a 2025 report by Ripple , the blockchain-based digital payments company, and the Boston Consulting Group , the management consulting firm, the tokenisation of real-world assets (RWAs) is projected to grow from $0.6trillion in 2025 to $19trillion in 2033.
This new partnership will also incorporate Camino Network’s blockchain solution built specifically for the travel industry to document all transactions. This advanced solution is facilitated by Chain4Travel and will be an integral part of the payment processes through the FinMont payment ecosystem.
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.
Nasdaq (Nasdaq: NDAQ) today announced it has facilitated end-to-end margin and collateral workflows on the Canton Network, connecting the blockchain-based technology to Nasdaq Calypso.
While you don’t always need a cryptocurrency wallet to trade blockchain assets, using a good wallet to facilitate exchanges is a matter of common sense. 3) Transaction Confirmation Settings Customization is good to have if you need to balance your fund security and ease in facilitating transactions.
RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. Early next year, Ripple Payments will use RLUSD to facilitate global payments for its enterprise customers. Access liquidity for remittance and treasury operations.
Home Announcements Crypto Robinhood bets big on stock tokens and blockchain External This content is provided by an external author without editing by Finextra. In the future, tokenized stocks will be facilitated by our very own Robinhood Layer 2 blockchain, based on Arbitrum. It expresses the views and opinions of the author.
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