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 Visa B2B Connect Goes Global

PYMNTS

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

Interchecks Co-founder and CEO Dylan Massey said in a statement that the company "started with a commitment to offset wire and ACH payments with Visa Direct in an effort to speed-up funds availability, and the project grew from there." Mastercard Leads Central Bank Digital Currency Test.

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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Juan Garat, BBVA’s global head of sales, said in the press release that distributed ledger technology (DLT) used in the transaction “allowed us to simplify the processes and streamline the negotiation time frames.” However, anecdotally, not all is rosy in blockchain land.

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Gold: Sourced Digitally, Ethically And Via Blockchain

PYMNTS

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

The company connects banks to the technology so they can offer instant currency exchange across 18 currencies, with the ability to loop into an array of payment rails including SEPA, SEPA INSTANT, CHAPS, ACH, wire and more around the globe. In the latest show of support for distributed ledger technology, J.P.

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The Many Faces Of Employee Fraud

PYMNTS

Distributed ledger technology (DLT) is also the tool of choice for Chainvine, which uses blockchain to mitigate against the risk of supply chain fraud in the wine industry, the Financial Times reported last week. Fifty-three percent of U.K.

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Credit Unions Find Opportunity In Payments Disruption

PYMNTS

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. The CUPay solution will initially support EFTs — which include ACH transfers and wires — between credit unions.