This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
LianLian Global (China) LianLian Global team at Money20/20 Asia 2024, Source: LianLian Global, Apr 2024 Founded in 2004 and headquartered in China, LianLian Global is a leading cross-border payment and financial servicesprovider, specializing in helping e-commerce businesses and entrepreneurs operate seamlessly across international markets.
The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both DistributedLedgerTechnology (DLT) and non-DLT-based CBDC technologies. The PoC explored two models. Globally, over 130 countries are exploring, developing, or have launched CBDCs.
As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail. Volante Explores the Real-Time B2B Value Prop.
The Cayman Islands’ Ministry of Financial Services introduced the nation’s regulatory framework for virtual asset serviceproviders (VASPs) on Saturday (Oct. 31), according to a press release. The framework consists of two phases, the first, which began on Oct.
As regulations evolve to meet this demand, firms like R3 , the distributedledgertechnology (DLT) and servicesprovider, are looking to make adoption as seamless as possible. Digital assets and digital currencies continue to grow in popularity and demand.
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 DistributedLedgerTechnology (DLT) to enhance financial well-being and resilience in today’s evolving economic landscape.
In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial serviceproviders embracing payment rails old and new to enable real-time B2B payments and foreign exchange. In the latest show of support for distributedledgertechnology, J.P.
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.
Soft Space , the fintech-as-a-serviceprovider, has partnered with Sumitomo Mitsui Card Company Limited, GMO Financial Gate and SMBC GMO PAYMENT to enable Tap to Pay on iPhone for the ‘stera tap’ iOS app, which enables merchants to accept contactless payments on their iPhone.
PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributedledgertechnology (DLT) with enthusiasm. Of those queried, as many as 84 percent of firms are involved with DLT. Companies have dabbled in the lab,” wrote PwC.
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 distributedledgertechnology (DLT).
The circulars indeed reflect this gradual, incremental approach rather than a big-bang moment of regulatory change, and we expect market participants to welcome the SFC’s new guidance as some of them consider exploring tokenised products and services.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content