Remove Correspondent Bank Remove Digital Payments Remove Distributed Ledger Technology (DLT)
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France’s Central Bank Latest To Ponder A Digital Currency

PYMNTS

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! DLT would also help in terms of cross-border payments, he said.

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 Visa B2B Connect Goes Global

PYMNTS

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders.

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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

These shortcomings make the cross-border payment industry ripe for disruption and innovation. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change. By way of concrete examples, the authors cited xRapid.