This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchaintechnology. By utilising blockchaintechnology, 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. Featured image credit: Edited from Freepik The post Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement appeared first on Fintech Singapore.
Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. All of these emerging technologies promise significant potential, as Rio-Tinto explains, but also present new risks. “As with any emerging technology, governance remains essential.
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.
This platform utilises blockchaintechnology, 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.
Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto.
W Chain , a top hybrid blockchain platform for global payments, has announced its partnership with NeurochainAI, a leader in decentralized AI development. The partnership will leverage the combined strength of both the companies to transform the global payment system by deploying amalgamation of AI and blockchaintechnologies.
Imperial College London will host a workshop on 26 March 2025, exploring the influence of AI, blockchain and quantum computing on the financial services industry. The UKFin+ Spotlight Event at Imperial College London will gather experts from both industry and academia to discuss the transformative impact of emerging technologies.
Instead, the company is focusing on its wallet business and blockchain platform Base to drive blockchain adoption by enabling local developers to create solutions for baht and peso stablecoins. The company currently has no plans to directly enter Southeast Asian jurisdictions.
Through the launch, the DTCC aims to leverage blockchaintechnology 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.
This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchaintechnology. ” said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
It showcases fintech innovation by enabling seamless transactions between blockchaintechnology and traditional finance. Visa and Wirex explained they are committed to developing projects that integrate blockchaintechnology with traditional financial systems, ensuring smooth and efficient transactions.
Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. Fraud detection faces new challenges with advanced technologies like generative AI enabling more complex scams.
Deutsche Bank has joined the extended Series B funding round for blockchain-based fintech firm Partior , bringing the total raised to US$80 million and marking the close of the round. Morgan, Standard Chartered, and Temasek, Partior uses blockchaintechnology to enable real-time clearing and settlement.
The Land Transport Authority of Singapore (LTA) will now be able to disburse mobilisation advance payments to its main contractors with better transparency as a result of the multinational banking and financial services corporation, OCBC , integrating a blockchain-based conditional payments solution with its business banking platform.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.
The National University of Singapore (NUS) has partnered with Northern Trust and UOB to launch a first-of-its-kind initiative that uses blockchaintechnology to track green bond credentials. NUS, the first university in Singapore to adopt blockchain for ESG reporting, issued its third green bond in 2023.
Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto. Blockchain has not experienced the same rapid growth.
Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. The Bundesbank is very pleased to be cooperating with a partner that is as competent as MAS.”
StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.
“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.
While speaking with FinextraTV at the Communify Fincentric Experience 2025, Will Bailey, President of International Sales, Communify Fincentric explained the way technology is developing. From Deterministic AI to blockchain, Bailey discusses how best to leverage these technologies and the most effective approach to early adoption.
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.
DBS Bank has introduced DBS Token Services, a suite of banking services that uses blockchaintechnology 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.
It highlighted the potential for integrating blockchaintechnology with existing financial networks to improve the efficiency of fund subscription and redemption processes, which are traditionally hindered by manual procedures, delayed settlements, and limited transparency. said Jonathan Ehrenfeld, Head of Strategy, Swift.
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.
Bitbank , the crypto assets exchange, has officially launched Bitbank Ventures , a new investment firm focusing on projects within the crypto and blockchain space. Bitbank Ventures will consider investing in any blockchain -related projects, ranging from pre-seed to series A.
In response, less intrusive alternatives like blockchain-based age verification are emerging. Before diving into the benefits of blockchain, it’s essential to understand the privacy and security issues associated with ID-based age verification. A key feature of blockchain-based age verification is zero-knowledge proofs (ZKP).
The 12-week XDC Accelerator Programme invites startups to develop solutions using XDC Network’s advanced blockchaintechnology. Rebecah Dausen “The XDC Accelerator Programme with Tenity will empower startups to transform their blockchain ideas into impactful solutions.
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.
This collaboration integrates Elliptic’s blockchain analytics into Sumsub’s platform, providing clients with enhanced tools to screen cryptocurrency wallets, identify fraudulent activity, and assess risk in transactions. The need for such solutions is critical as blockchain-related crime continues to rise.
Beyond Speculation: Building Real Utility Unlike many blockchain projects focused on token trading, AIsa prioritizes real-world utility. By supporting multiple stablecoins, it provides businesses with the stability needed for everyday operations while leveraging the efficiency of blockchaintechnology.
WadzChain Network, a global leader in innovative blockchaintechnology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises.
Global technology and innovation partner Zühlke took part in the Singapore Fintech Festival (SFF) 2024, demonstrating its commitment to driving impactful change in the financial technology landscape. ” said Stefan Grasmann, Chief of Blockchain at Zühlke.
technologies. dtcpay already supports other popular blockchain networks such as Ethereum, Tron, and Polygon, and plans to expand its stablecoin offerings to include FDUSD and WUSD in the near future. BNB Chain’s low fees, averaging US$0.001 on opBNB and US$0.03
Payment giant Mastercard has announced the inclusion of five global startups in its Start Path Blockchain and Digital Assets programme. This initiative aims to enhance user experiences and expand the applications of blockchaintechnology in solving real-world problems.
DBS ’ permissioned blockchain was used to automate payments, ensuring that only approved recipients received the grants once the predefined conditions were fulfilled. This pilot reflects ongoing efforts to integrate blockchaintechnology into financial processes, aiming for broader use cases in the future.
With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance. connecting over 90 million merchants in 66 markets to 1.6
As more firms look to enter the blockchain and decentralised space, easy integrations and the ability to develop applications are an absolute must. The partnership with Axelar Foundation propels interoperability into the broader blockchain realm. The Axelar Foundation will broaden blockchain adoption by facilitating RWA.
The pilot showed how financial institutions can leverage blockchaintechnology, 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.
“This partnership underscores our commitment to harnessing innovative blockchain solutions, ensuring Siemens AG remains at the forefront of global financial efficiency and connectivity. The post Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore appeared first on The Fintech Times.
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.
Ripple , the global payments and financial solutions provider, is accelerating blockchain education in the US as its University Blockchain Research Initiative (UBRI) renews its $1.05million partnership with Morgan State University to support blockchain innovators across America’s Historically Black Colleges and Universities (HBCUs).
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). The post Nuvei Launches Comprehensive Blockchain Payment Solution appeared first on FF News | Fintech Finance.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content