18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant trade-offs in governance, resilience and... read more
14 May 24 @ 17:00
Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more
04 Oct 23 @ 11:16
The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more
18 Dec 19 @ 15:34
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
13 Oct 19 @ 14:07
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
18 Sep 19 @ 08:27
Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... read more
30 Sep 22 @ 09:26
A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind their clients’ expectations when it comes... read more
23 Apr 21 @ 15:36
In the same week that the UK’s highly influential Bank of England announced it was getting ready to trial CBDC, Norwegian central Bank, Norges bank has also announced its intention... read more
28 Sep 20 @ 09:47
The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... read more
24 Jul 20 @ 09:28
Eftpos, the leading Australian debit card network is using distributed ledger technology (DLT) from Hedera Hashgraph to trial a stablecoin micropayments system that could rival traditional online methods. In an... read more
16 Jun 20 @ 16:23
Last week the US House Committee on Financial Services held a virtual hearing about the Digital Dollar or central bank digital currency (CBDC). The event promised to be interesting as two... read more
13 May 20 @ 10:29
I think that the fact that COVID-19 has ravaged economies and industrial sectors does not need to be mentioned again, however the impact on FinTech is now starting to be... read more
11 Feb 20 @ 19:49
Technology and data advances will enable banks to provide customers with a hyper-personalised largely automated service within the next decade, replacing the traditional retail products-based approach. But the extent of... read more
17 Oct 19 @ 01:01
The Italian Banking Association (ABI) says that its Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed all technical tests. The Spunta Project began back in December 2017 when... read more
05 Jun 19 @ 13:50
Quant Network, a UK-based technology company, have signed a partnership agreement to explore blockchain interoperability through an agnostic cross-platform blockchain operating system for applications and services belonging to banks and... read more
02 May 19 @ 10:48
I think its fair to say that blockchain and its underlying DLT technology has matured to a spotty teenager. This maturity and the underlying risks that come with it have... read more
01 May 19 @ 11:02
Visa recently signed a deal enabling FIS’ clients to have access to Visa B2B Connect. The uses blockchain to make high-value corporate payments internationally without using SWIFT. In order to... read more
15 Nov 18 @ 07:47
JPMorgan Chase says it has conducted successful tests of its blockchain-based payment system, Interbank Information Network (IIN). The project is now able to scale transactions effectively, with more than 100... read more
17 Jul 18 @ 09:58
UK regulators are starting to give cryptocurrencies and associated crypto assets their seal of approval. This is significant, not least because it goes against the prevailing wisdom among policymakers around the world... read more
13 Jun 18 @ 10:32
SARB, South Africa’s central bank has revealed astonishing results for a trial of its blockchain-based system for interbank clearance and settlement. According to a statement, SARB said it completed a 14-week... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
22 Jul 26 @ 19:55
Mastercard has launched Wallet Services, a suite of software tools and services intended to help banks, fintechs and digital platforms add contactless payment f... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more