E-Money

Showing Latest E-Money

Indonesia takes steps towards a digital Fiat Currency

23 Oct 17 @ 11:05

eCurrency Mint Limited says that it has partnered with PayPro Indonesia to provide eCurrency’s digital fiat currency (DFC) solution in Indonesia. Through eCurrency’s solution, PayPro’s e-money product delivers a cryptographically protected, secure instrument... read more

A fresh look at Asia’s payment landscape

20 Oct 17 @ 09:33

Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps... read more

The cashless society – what happens when the power goes out?

19 Oct 17 @ 09:10

Bloomberg recently reported that the Fed was forced to fly a planeload of cash to Puerto Rico to help avert disaster, when Hurricane Maria knocked out power on the island, the residents realized they... read more

PSD2 and Europe’s Open Banking Mandate – a PCM report

18 Oct 17 @ 13:00

In a new report, PSD2 and Europe’s Open Banking Mandate, we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking... read more

JP Morgan launch interbank payments platform on Quorum blockchain

17 Oct 17 @ 15:41

JPMorgan Chase is set to launch a new interbank payments platform powered by the Quorum Enterprise-ready distributed ledger and smart contract blockchain platform. With the participation of two other banks... read more

Russia to launch national Cryptocurrency – CryptoRuble

17 Oct 17 @ 13:52

Nikolay Nikiforov, Russia’s Minister of Communications has revealed that President Vladimir Putin has given the Go-Ahead for a new cryptocurrency dubbed CryptoRuble, reports CoinTelegraph, claiming local news sources. The Russian form of cryptocurrency won’t be... read more

National payment systems in the open era

16 Oct 17 @ 11:13

The basic movement of money from A to B is changing. It’s becoming faster, embedded and more open ecosystem driven. Whereas payments used to be cleared and settled in days,... read more

Global study highlights economic benefits of ‘Cashless Cities’

12 Oct 17 @ 12:58

Visa has announced the results of an independent study examining the economic impact of Cashless Cities and increasing the use of digital payments in major cities around the world. The... read more

Global non-cash transaction volumes record highest growth of past decade

10 Oct 17 @ 13:37

According to the World Payments Report, global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s... read more

Taiwanese Bank bank loses $60m in Swift malware attack

10 Oct 17 @ 13:07

Almost $60 million has been stolen from Far Eastern International Bank in Taiwan using a Swift malware attack last week, with funds being routed to accounts in Cambodia, Sri Lanka and the... read more

Before and after instant payments

10 Oct 17 @ 12:34

How often have you got to the end of a project and wished you’d known something at the start? This is no bad thing because learning from one’s mistakes is... read more

Banks from nine countries to join EBA CLEARING’s instant payment system RT1

09 Oct 17 @ 12:13

EBA CLEARING says that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more