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

Fintech News

Global financial messaging network Swift , UBS Asset Management, and Chainlink have successfully demonstrated a new method for settling tokenised fund transactions in a recent pilot program. said Jonathan Ehrenfeld, Head of Strategy, Swift. said Jonathan Ehrenfeld, Head of Strategy, Swift.

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

Fintech Finance

Swift , UBS Asset Management , and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. The pilot used existing Swift infrastructure which enables end-to-end payment orchestration capabilities to settle fund subscriptions and redemptions.

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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.

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5 Tales from the Crypto: Partnerships, Payments, and Blockchain Pilot Projects

Finovate

Blockchain payment adoption is growing because it offers an easy way to send and receive payments on a global scale,” Pair said. Swift, UBS, and Chainlink conclude blockchain pilot That’s a wrap! The new offering also puts the firm in a position to compete with other crypto payroll services such as BitWage.

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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.

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Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

Despite this immense potential, cross-border payments in LAC remain hampered by inefficiencies in the traditional SWIFT-based correspondent banking system, marked by multiple intermediaries, settlement delays, and fees exceeding 6% for remittances for some corridors. billion, exceeding the $4.3 billion recorded last year and the $3.3

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FBI Says North Korean Actors Behind Bybit’s US$1.5 Billion Crypto Heist

Fintech News

In a public announcement, the FBI detailed that the malicious actors swiftly converted the stolen assets into bitcoin and other cryptocurrencies, dispersing them across numerous blockchain addresses. This incident, referred to by the FBI as “TraderTraitor,” marks one of the largest digital currency heists to date.

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