Remittance

Showing Latest Remittance

Major payments players pull plug on Libra

13 Oct 19 @ 13:23

Mastercard, Visa, Stripe and eBay have all followed PayPal by pulling out of Libra, Facebook’s digital currency, following sustained political pressure and just days before the project’s backers are due... read more

Visa and Mastercard reconsider involvement in Libra Coin

03 Oct 19 @ 14:55

First it was a group of influential banks, then it was the EU regulator, now, Visa, Mastercard and other key financial partners are reconsidering their involvement in Libra Coin, Facebook’s... read more

Deutsche Bank to join blockchain based Interbank Information Network (IIN)

25 Sep 19 @ 12:43

Deutsche Bank has signed up to Interbank Information Network (IIN), the financial services industry’s biggest blockchain project, led by  JPMorgan Chase. The IIN announce Deutsche to a network of 320... read more

Mastercard and R3 partner on blockchain powered cross border payments

11 Sep 19 @ 10:11

R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... read more

PCM Feature: Blockchain – Out of the blocks?

03 Sep 19 @ 12:23

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more

Regulators immediately turn their focus on Libra Coin

19 Jun 19 @ 17:04

Their has been immediate regulatory scrutiny on Facebook’s plans to launch Libra Coin a new global digital currency as the announcement drew an immediate response from regulators from the Group... read more

Facebook makes LibraCoin cryptocurrency project official

18 Jun 19 @ 11:28

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies ranging from Visa and Mastercard to Lyft and Spotify.... read more

Visa B2B Connect blockchain based payments network goes live

13 Jun 19 @ 12:48

Visa has launched its Visa B2B Connect network to help financial institutions process cross-border payments globally on behalf of corporate clients faster and at a lower operational cost, it said... read more

International digital remittances to reach $525 billion by 2024

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

Facebook to launch cryptocurrency Libra in June

10 Jun 19 @ 09:06

Facebook says it will launch its cryptocurrency codenamed Libra, currently scheduled for a June 18th release according to TechCrunch which reported multiple investors briefed on the project by Facebook were told... read more

Money 2020: Visa and Western Union partner on global payments

05 Jun 19 @ 13:37

Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time[1] push payments platform in an effort to bring speed and transparency to the process... read more

Fnality: global banks invest $50 million in digital cash settlement project

23 May 19 @ 10:57

Recent reports have announced that several large global banks are in the process of investing around $50 million to create Fnality, a digital cash system using blockchain technology to settle... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more