PYMNTS

NOVEMBER 26, 2019

The firm is also an OEM partner in the SAP PartnerEdge Build program , which provides the tools and support to “facilitate building high-quality, disruptive applications focused on specific business needs, quickly and cost-effectively.” The program offers SAP technologies through one global OEM contract.

Real Time Gross Settlement (RTGS)

Fintech News

JANUARY 30, 2024

These digital currencies, divided into retail and wholesale variants , aim to facilitate transactions across various sectors of the economy. Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT).

Payments Trends

Clearly Payments

AUGUST 29, 2024

Wholesale CBDCs could enhance the efficiency of the financial system by reducing settlement times and lowering costs. The BoC has engaged in several initiatives, including Project Jasper, which examines how distributed ledger technology (DLT) could be integrated into the country’s payment systems.

Central Bank

The Fintech Times

JANUARY 24, 2024

As regulations evolve to meet this demand, firms like R3 , the distributed ledger technology (DLT) and services provider, are looking to make adoption as seamless as possible. Digital assets and digital currencies continue to grow in popularity and demand.

Distributed Ledger Technology (DLT)

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions.

Participant

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. Also with an eye on blockchain, and on FX and settlement, CLS has said it is in the end stages of testing blockchain payments for banks.

Blockchain

The Fintech Times

DECEMBER 21, 2023

For example, accelerator and incubator programs will promote fintech through the further facilitation of licenses. In 2023, Abu Dhabi Global Market (ADGM) introduced the Distributed Ledger Technology (DLT) Foundations Regulations. In essence, 2024 emerges as a compelling period for fintech advancements.

FinTech

Fintech News

OCTOBER 28, 2024

The shortlisted teams, comprising fintech firms and solution providers from regions including Australia, India, the United States, and Kenya, have presented proposals utilising technologies like Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) to enhance financial well-being and resilience in today’s evolving economic landscape.

FinTech

PYMNTS

DECEMBER 9, 2019

Esser highlighted three key areas with major opportunities for improvement in the credit union market, with CULedger finding blockchain a promising technology to address them. Third is the exchange of value — which includes payments, Esser noted, but also incorporates other concepts of value like settlement, or even member loyalty.

Credit Union

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).

Blockchain

PYMNTS

SEPTEMBER 3, 2018

The firms said benefits “include faster payment processing (simultaneous clearing and settlement), lower costs, increased efficiency, and simplified payment and asset type form of transaction. That system is called World Wire and is to be run on the Stellar network.

Blockchain

The Fintech Times

MAY 16, 2024

Tassat, the private permissioned blockchain-based B2B real-time settlement platform, has announced a partnership with Glasstower Digital, a fintech facilitating cross-border B2B remittances. Contactless payments are expanding in Japan, with the acceptance rate among small and medium-sized businesses, known as SMEs, around 60 per cent.

FinTech

PYMNTS

NOVEMBER 15, 2017

The product, dubbed Mission Critical Distributed Ledger Technology , will provide companies with hardware so they can operate their own blockchain platforms through their own corporate partners. HPE said its distributed ledger technology (DLT) solution is faster and more secure than bitcoin or Ethereum blockchains.

Blockchain

PYMNTS

OCTOBER 24, 2019

Swift recently announced that its gpi service can integrate with domestic real-time systems to facilitate rapid cross-border transactions. Cross-border payments can be streamlined and sped up by leveraging modern tools like distributed ledger technology (DLT), which can complete transactions within minutes.

Cross-Border Payments

Global Fintech & Digital Assets

NOVEMBER 7, 2023

Tokenisation refers to the process of digitally representing an asset (or ownership of that asset) using distributed ledger technology (DLT) through the use of digital tokens. With the growing interest among intermediaries in tokenisation, the SFC has decided to provide additional guidance to the market.

Distributed Ledger Technology (DLT)

The Fintech Times

FEBRUARY 23, 2025

The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European financial market for digital assets.

Central Bank

Fintech News

FEBRUARY 3, 2025

The Securities and Exchange Commission (SEC) of Thailand is set to introduce a debt instrument trading system powered by distributed ledger technology (DLT) to encourage securities firms to engage in digital token trading while enhancing regulatory oversight in the digital era.

Distributed Ledger Technology (DLT)

The Payments Association

NOVEMBER 18, 2024

At its core, De-Fi is characterised by its use of blockchain technology and smart contracts to facilitate financial transactions without needing intermediaries. This sentiment laid the groundwork for the emergence of De-Fi, which seeks to create a decentralised economy free from the shortcomings of traditional financial structures.

Stablecoins