PYMNTS

JULY 30, 2019

Global payments revenues are at an all-time high, and experts predict that they could even climb to be a $2 trillion industry by 2020. Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. Developments From Around The Smarter Payments World.

Distributed Ledger Technology (DLT) 80

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

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 128

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 128

PYMNTS

JANUARY 30, 2019

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink eCommerce and trading platforms with the SWIFT gpi payment service.”. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

SWIFT 60

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 60

PYMNTS

JULY 31, 2019

According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. So, why do cross-border payments present so many challenges? Increasingly, payments providers are stepping in creating solutions that solve speed and security issues for companies while maintaining seamless user experiences.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

PYMNTS

NOVEMBER 26, 2019

Last month , SAP announced it was teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers.

Real Time Gross Settlement (RTGS) 60

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Blockchain 60

PYMNTS

OCTOBER 12, 2016

That close attention means through a working group specifically focused on payments and settlements and on a research-oriented approach related to other market applications. Separately, the World Federation of Exchanges has called for the creation of regulatory sandbox environments for distributed ledger technology (DLT).

Blockchain 77

Blockchain Regulations Distributed Ledger Technology (DLT) Fed 77

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

JANUARY 30, 2019

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink ecommerce and trading platforms with the SWIFT gpi payment service.”. The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

SWIFT 46

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 46

PYMNTS

DECEMBER 9, 2019

Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business (SMB) lending and payments. Yet, the credit union community is hardly the first FinServ player to come to mind when considering payments innovation. Payment Rail Agnostic.

Credit Union 54

Credit Union Cross-Border Distributed Ledger Technology (DLT) Electronic Funds Transfer (EFT) 54

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

AUGUST 29, 2018

Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Companies have dabbled in the lab,” the company wrote.

Distributed Ledger Technology (DLT) 40

Distributed Ledger Technology (DLT) Blockchain Interoperability Audit 40

PYMNTS

OCTOBER 25, 2019

Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct. ” . ” .

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Settlement Distributed Ledger Technology (DLT) Blockchain 40

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). This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

Participant 45

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

PYMNTS

FEBRUARY 11, 2020

High volumes of trade documents are key to verifying purchases, payments, deliveries and more – but paper and manual data checks severely hamper transparency and accuracy. Lee Tarone, CEO and founder of trade finance and payments platform Envoy , says a lack of trust continues to hamper the industry’s ability to address the ongoing $1.5

Finance 53

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

PYMNTS

AUGUST 29, 2018

PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Of those queried, as many as 84 percent of firms are involved with DLT. Another 28 percent say that interoperability of systems is key.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

CoinRemitter

FEBRUARY 9, 2024

If CBDCs go mainstream, they can dominate the world of digital payments. However, CBDC payments cannot be as anonymous as crypto payments. India’s market giant Reliance Retail started accepting Digital Rupee as payments under the retail program in December 2022.

Digital Currency 40

Digital Currency Central Bank CBDC Distributed Ledger Technology (DLT) 40

CB Insights

APRIL 7, 2018

Additionally, game and VR engine maker Unity has announced a partnership with Autodesk to increase interoperability. Blockchain and distributed ledger technologies (DLT) projects aim to unite data from a company’s various processes and stakeholders into a universal data structure. Conclusion.

Technology 78

Technology Blockchain On-Demand Automation 78

Fintech News

DECEMBER 15, 2024

This phase, part of the Immediate State of Project Garuda, focused on testing a distributed ledger technology (DLT)-based wholesale cash ledger system to assess its feasibility, security, and compatibility with Indonesia’s financial ecosystem.

CBDC 115

CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 115

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) 122

Distributed Ledger Technology (DLT) Settlement Interoperability Issuers 122