Remove Distributed Ledger Technology (DLT) Remove Interoperability Remove Technology
article thumbnail

German Central Bank Joins MAS-Led Project Guardian

Fintech News

Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. The Bundesbank is very pleased to be cooperating with a partner that is as competent as MAS.”

article thumbnail

Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Addressing interoperability, scalability, and security challenges, Indonesia sets a global example for nations exploring similar initiatives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HSBC Pilots Quantum-Safe Technology for Tokenised Gold

Fintech Finance

HSBC announced today that it has successfully trialled the first application of quantum-secure technology for buying and selling tokenised physical gold. Last year, HSBC was the first global bank to offer tokenised physical gold to institutional investors using distributed ledger technology (DLT).

article thumbnail

CBDCs in practice: What we’ve learned from the early movers

The Payments Association

Usage patterns differ, technological approaches diverge, and key challengesfrom privacy concerns to merchant adoptionremain unresolved. These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk.

CBDC 88
article thumbnail

Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Fintech Finance

Meridian FX will test the usability of the SO for different types of assets and technologies. 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).

article thumbnail

13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

The company was an early adopter of distributed ledger technology (DLT), teaming up in 2017 with Ripple Labs and pioneering blockchain-based remittances from Japan to Thailand and Vietnam. It offers intelligent financial solutions through its proprietary technology, robust APIs, and extensive global network.

article thumbnail

Banco Santander, Lloyds Banking Group, and UBS Successfully Settle Pilot Uncleared Margin Transfers in the Sterling Fnality Payment System

Fintech Finance

This real-world proof-of-concept proves that Fnality can be used to make bilateral margin payments using the £FnPS, and marks the first instance of a fully regulated Distributed Ledger Technology (DLT)-based payment system being used to settle margin for the purposes of real-world inter-bank derivative exposures.