PYMNTS

OCTOBER 8, 2020

8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. With a line of credit from Ripple, your financial institution can use XRP to complete instant, low-cost cross-border transfers,” the company said in its announcement. “We

Distributed Ledger Technology (DLT) 100

Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments Digital Currency 100

PYMNTS

APRIL 1, 2019

The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions.

Cross-Border 61

Cross-Border Distributed Ledger Technology (DLT) Cross-Border Payments Transactions 61

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.

CBDC 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

Payments Source

MAY 9, 2018

The banks contend distributed ledger technology (DLT) makes it easier to coordinate trade finance deals. And the use of smart contracts can help parties comply with contractual obligations such as staged payments.

Distributed Ledger Technology (DLT) 63

Distributed Ledger Technology (DLT) Cross-Border Blockchain Finance 63

Fintech Finance

JUNE 17, 2024

The project will provide insights on how operators of real-time gross settlement (RTGS) systems could enable interoperability with new payments technologies, such as distributed ledger technology (DLT).

Distributed Ledger Technology (DLT) 97

Distributed Ledger Technology (DLT) Real Time Gross Settlement (RTGS) Settlement Interoperability 97

The Fintech Times

SEPTEMBER 26, 2024

Asih Karnengsih , executive director of Asosiasi Blockchain Indonesia “We view our partnership with the Bharat Web3 Association as a vital opportunity to collaboratively enhance cross-border blockchain adoption,” explained Asih Karnengsih , executive director of Asosiasi Blockchain Indonesia.

Distributed Ledger Technology (DLT) 107

Distributed Ledger Technology (DLT) Blockchain Cross-Border Best Practices 107

PYMNTS

JULY 31, 2019

Cross-border transactions remain difficult to navigate due to the various regulations and technologies available in different countries. I liken cross-border payments to a multidimensional Rubik’s Cube,” said Vikram Modi, vice president and head of Visa Direct Global Platform at Visa.

Cross-Border Payments 57

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 57

The Paypers

SEPTEMBER 26, 2023

Sweden-based Distributed Ledger Technology (DLT) cross-border payment solutions provider Centiglobe has partnered with fintech company Zimpler.

Cross-Border Payments 41

Cross-Border Payments Distributed Ledger Technology (DLT) Cross-Border Payment Solutions 41

PYMNTS

FEBRUARY 8, 2018

7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China. Cross-border payments related to China’s eCommerce market reached $1.07

Real Time Payments 77

Real Time Payments Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 77

PYMNTS

NOVEMBER 27, 2019

Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). DLT would also help in terms of cross-border payments, he said.

Digital Currency 94

Digital Currency Central Bank Distributed Ledger Technology (DLT) CBDC 94

The Fintech Times

AUGUST 6, 2024

Looking beyond Thai borders, the Bank of Thailand has revealed a plan to introduce QR code cross-border payments with India by the third quarter of this year. Similar to other regions across Asia, mobile payments are now preferred as a payment method over card payments by 70 per cent of Thai consumers.

FinTech 116

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 116

PYMNTS

JULY 30, 2019

Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. Differing regulations between sending and receiving countries are challenging to navigate, and cross-border transactions can take up to several days to complete as they are routed through intermediary banks.

Distributed Ledger Technology (DLT) 80

Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments Blockchain 80

PYMNTS

JUNE 13, 2019

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.

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

PYMNTS

APRIL 25, 2019

Prabhu said the slowdown in cross-border — which had been in the high-single digits in previous quarters — was in line with expectations. They stated that cross-border activity showed the impact of currency fluctuations, where a number of currencies, such as the euro and Argentinian peso, weakened against the dollar.

Cross-Border 50

Cross-Border Volume Distributed Ledger Technology (DLT) Debit Card 50

PYMNTS

SEPTEMBER 15, 2020

Through a collaboration with Tata Consultancy Services, Emirates NBD has plans to roll out new payment innovations like SWIFT for Corporates, as well as real-time clearing capabilities across markets in the Middle East, as it consolidates its payments processing infrastructure to tackle cross-border payments friction.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

APRIL 5, 2019

This is the latest initiative by the European Commission to support the adoption of blockchain technology. Last year, it created the European Blockchain Partnership (EBP) with 22 member countries to promote the delivery of cross-border digital public services using blockchain.

Distributed Ledger Technology (DLT) 75

Distributed Ledger Technology (DLT) SWIFT Blockchain Cross-Border 75

PYMNTS

SEPTEMBER 26, 2018

. “Building on the enterprise blockchain technology, Visa B2B Connect is a new transaction platform designed for the exchange of high-value international payments between participating banks on behalf of their corporate clients. ” Visa began testing the B2B payments solution earlier this year with UnionBank in the Philippines.

Distributed Ledger Technology (DLT) 65

Distributed Ledger Technology (DLT) B2B Cross-Border Payments Cross-Border 65

PYMNTS

OCTOBER 11, 2018

Beyond that trading, noted Forbes , there has been speculation that banks would embrace Ripple to move money through cross-border conduits. In news that may be separated from the vagaries of cryptocurrency trading, Banco Santander said this week that it will use Ripple’s ledger, bringing payments across the bank’s OnePay FX platform.

Settlement 77

Settlement Distributed Ledger Technology (DLT) Cross-Border Payment APIs and Integration 77

Clearly Payments

AUGUST 29, 2024

Wholesale CBDCs : These are designed for financial institutions and are used for large-scale transactions, such as interbank transfers or cross-border payments. This can lead to faster transactions, especially for cross-border payments , which currently suffer from delays and high fees.

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

PYMNTS

OCTOBER 24, 2019

Cross-border payments still present challenges , but the landscape is changing rapidly. . Swift recently announced that its gpi service can integrate with domestic real-time systems to facilitate rapid cross-border transactions. Traditionally, most cross-border payments are made through Swift.

Cross-Border Payments 42

Cross-Border Payments Cross-Border B2B FedNow 42

PYMNTS

NOVEMBER 18, 2019

“This acquisition brings tremendous talent and leading technology to Elavon, which can be leveraged across the European market.”. Elavon is the fourth-largest merchant acquirer in Europe with cross-border capabilities. With Sage Pay, Elavon has increased its market share in the U.K. and Ireland. “We

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Cross-Border NOV Acquirers 64

PYMNTS

AUGUST 23, 2019

The cross-border payments community has had to respond quickly and crucially together to address the challenges of bringing compliance processes up to the speed demanded by global businesses’ expectations of faster cross-border payments. Financial crime is bigger than any one organization,” she said. “To

Real Time Payments 77

Real Time Payments SWIFT Compliance ISO 20022 77

Fintech News

FEBRUARY 14, 2024

The paper discusses the contrasting trajectories of digital payments and digital trade finance, noting that cross-border payments have achieved rapid digitalization and benefited from a horizontal solution like Swift GPI.

Finance 127

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 127

The Paypers

MAY 7, 2020

Cross-border payments network Ripple has become part of the ISO 20022 standards body, becoming one of its first members focused on distributed ledger technology (DLT).

ISO 20022 38

ISO 20022 Distributed Ledger Technology (DLT) ISOs Cross-Border Payments 38

PYMNTS

OCTOBER 22, 2019

Money constantly flows across borders in the increasingly interconnected global economy, from workers overseas back to their families, and from buyers to their suppliers. Distributed ledger technologies (DLT) have also been considered for facilitating both P2P remittances and B2B cross-border payments.

Cross-Border Payments 41

Cross-Border Payments Cross-Border P2P B2B 41

PYMNTS

JANUARY 2, 2019

Visa ended 2017 with a B2B payments focus that it kept rolling early in 2018 as it began testing and expanding B2B Connect , its cross-border corporate payments solution that integrates distributed ledger technology (DLT). Visa Acquires Fraedom. American Express Bets On Blockchain In B2B.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. Might SWIFT be giving a nod, at least partially, toward the use of distributed ledger technology (DLT)?

SWIFT 74

SWIFT Blockchain Distributed Ledger Technology (DLT) RFP 74

Fintech News

JANUARY 30, 2024

Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). These include cross-border Payment versus Payment (PvP) transactions and wholesale market Delivery versus Payment (DvP) transactions.

Payments Trends 120

Payments Trends Digital Currency Distributed Ledger Technology (DLT) Cross-Border Payments 120

PYMNTS

NOVEMBER 25, 2020

“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

PYMNTS

SEPTEMBER 20, 2018

.” At the same time, the financial services market is significantly ahead of other markets — including manufacturing, government and healthcare — when it comes to their exploration and use of distributed ledger technology (DLT).

Blockchain 75

Blockchain Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

PYMNTS

NOVEMBER 7, 2018

Utilities provider SP Group, which launched the platform, said it will allow for better transparency and lower costs in trading, as well as eventually facilitate cross-border energy credit trading. “A And as of last week, companies can now use a blockchain-powered system for their REC trading.

Bitcoin 73

Bitcoin Distributed Ledger Technology (DLT) Blockchain Cross-Border 73

PYMNTS

SEPTEMBER 18, 2019

financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release on Tuesday (Sept. The digitized cash, in the form of a tokenized dollar, operates on Wells’ first blockchain platform.

Distributed Ledger Technology (DLT) 49

Distributed Ledger Technology (DLT) Stablecoins Cross-Border Cross-Border Payments 49

PYMNTS

DECEMBER 17, 2019

With [distributed ledger technology] DLT, Accenture has been focused on financial services infrastructure, supply chain and digital identity — this hits the core of all three of those.” .

Distributed Ledger Technology (DLT) 53

Distributed Ledger Technology (DLT) Blockchain Finance Cross-Border Payments 53

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas.

FinTech 117

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 117

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

PYMNTS

OCTOBER 1, 2018

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. With the G-Coin B2B wallet , corporations can move G-Coin tokens across borders in real time, without transaction fees.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Cross-Border Wire Transfer 73

PYMNTS

OCTOBER 26, 2017

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore announced their plans this week as an effort to combat errors and fraud in cross-border trade.

Distributed Ledger Technology (DLT) 43

Distributed Ledger Technology (DLT) Blockchain Cross-Border Authorization 43