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

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. It enhances trust, prevents fraud, and provides complete transparency by recording transactions immutably.

Finance 127

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

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

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

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

OCTOBER 1, 2018

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. EmTech announced this week that it is introducing identity and biometric hashing technology into KYC processes across all its platforms. How It Works.

Blockchain 73

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

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. Each finalist receives a S$20,000 stipend, and the top three winners will each secure an additional S$50,000 prize.

FinTech 117

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

PYMNTS

JUNE 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Participant Use Case 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. The HKMA is now looking to work with a developer to develop the platform, reports said.

Distributed Ledger Technology (DLT) 43

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

CB Insights

AUGUST 23, 2018

HSBC, Standard Chartered, and others belong to a range of consortia that have had successful pilots using distributed ledger technologies (DLT) to process live trade finance transactions. Benefits of distributed ledger technologies (DLT) . Live briefing: Consumer Banks in The Digital Age.

Distributed Ledger Technology (DLT) 63

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

PYMNTS

NOVEMBER 22, 2017

The nation’s excitement over distributed ledger technology (DLT) cannot be ignored. The Monetary Authority of Singapore (MAS) announced this week that its global trade connectivity network (GTCN) initiative, a joint project to streamline cross-border trade between the two nations, will debut in early 2019.

Blockchain 53

Blockchain Cross-Border Distributed Ledger Technology (DLT) Central Bank 53

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. It has now completed its first experiment using DLT, giving the monetary authority a glimpse into the potential merits of the tech.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

PYMNTS

FEBRUARY 11, 2020

In cross-border trade, trust has historically been a critical part of the equation. Of course, participants in the global trading ecosystem won’t simply take each other’s’ word for it. From invoice fraud to cyberattacks, the threats hampering trust in cross-border trade continue to grow. ”

Finance 53

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

PYMNTS

JULY 5, 2018

That includes a new Know Your Customer (KYC) application for banks, as well as Hong Kong’s latest cross-border trade finance initiative using distributed ledger technology (DLT). Over four days of testing, the group was able to complete more than 300 transactions across 19 markets. .

Blockchain 47

Blockchain Distributed Ledger Technology (DLT) Cross-Border Finance 47

PYMNTS

JULY 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). RTGS is being rebuilt so that new private payment systems, including those using distributed ledger, can simply plug into our system,” stated Carney. In addition, the U.K.

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Cross-Border Payments 40

PYMNTS

AUGUST 2, 2018

Reports came this week that the much-touted distributed ledger technology (DLT) may be less savior for all manner of problems across the business landscape than thought. Amid the early participants, which give access to seven blockchain vendors, are Citi and Barclays. Blockchain, blockchain everywhere.

Blockchain 44

Blockchain Distributed Ledger Technology (DLT) Cross-Border Settlement 44

The Fintech Times

MAY 16, 2024

This round was led by BECO Capital and Middle East Venture Partners (MEVP), with participation also from existing investors Vivium Holding, Jabbar Group and Signature Developers. Through Tassat’s private blockchain, Glasstower provides instant and secure digital cross-border payments.

FinTech 64

FinTech Distributed Ledger Technology (DLT) Embedded Finance Cross-Border 64

PYMNTS

NOVEMBER 29, 2017

Even some of the largest proponents of blockchain agree that distributed ledger technology (DLT) is still in its early days, and its impact on the financial services market probably won’t be fully understood for some time.

Blockchain 40

Blockchain Cross-Border Cross-Border Payments Distributed Ledger Technology (DLT) 40

PYMNTS

DECEMBER 6, 2017

Nearly every day, it seems, another technology company announces its vision for blockchain. But highly specialized startups aren’t the only ones playing around with distributed ledger technology (DLT). Private sector innovators, meanwhile, continue to target enterprise use cases for their blockchain solutions.

Blockchain 50

Blockchain Distributed Ledger Technology (DLT) Third-Party Service Provider Government 50

Fintech News

NOVEMBER 11, 2024

The Bundesbank will participate in various pilot projects testing specific use cases for asset tokenisation, exploring its feasibility and its potential benefits for capital markets, and examining how it can leverage network effects. The Bundesbank is very pleased to be cooperating with a partner that is as competent as MAS.”

Central Bank 128

Central Bank Distributed Ledger Technology (DLT) Interoperability Cross-Border 128

Fintech News

JANUARY 9, 2025

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. These advancements will expand the utility of the Digital Rupiah within Indonesias financial ecosystem and potentially in cross-border contexts.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

Fintech Review

FEBRUARY 25, 2025

These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions. Blockchain and Distributed Ledger Technology (DLT) Blockchain technology offers a decentralised and transparent system that enables immutable records of transactions.

Finance 85

Finance Technology Distributed Ledger Technology (DLT) Fraud Detection 85