Remove FedWire Remove Global Payments Remove Interoperability
article thumbnail

Greater Flexibility: BVNK Wallet Offers Stablecoin, Crypto and Fiat Payments All in One Place

The Fintech Times

BVNK will hold on to or exchange balances and deal with third-party payments through its multi-rail access, all in a single product. With our embedded wallet, were making stablecoin, crypto and fiat payment rails interoperable, to give our customers true payments flexibility. Why stablecoins? Why stablecoins?

article thumbnail

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Fintech Finance

“This fresh capital injection will enable us to accelerate our mission to build the next generation global payments infrastructure, to promote fairer economic opportunities across the world,” said Kirill Gertman , Conduit CEO. “Traditional cross-border payment systems do not meet the demands of modern businesses. .”

article thumbnail

Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

This year is a critical one for this initiative, the Fed said, with the Fed’s Faster Payments Task Force having already issued the results of its assessment and recommendations for continued progress. Compliance, particularly around AML, is a top hurdle for achieving improved global payments capabilities, the Fed said.

Fed 49
article thumbnail

NEW REPORT: Citi On The Need For X-Border Payments Speed

PYMNTS

This demand for efficient payments has propelled the emergence of several payment rail networks, each designed to help facilitate and accelerate the delivery of funds, including those offered by the Automated Clearing House (ACH) network, Fedwire and The Clearing House. And Ripple isn’t alone. About the Tracker.