Remittance

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

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

11 Oct 17 @ 11:00

Ripple, one of the biggest blockchain companies, has announced it has $15bn of cryptocurrency reserves that it may use to acquire or partner with rivals, as it seeks to dominate... read more

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

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

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

01 Sep 17 @ 15:49

In competition with R3 and Swifts blockchain initiative, six of the world’s biggest banks have joined a project to create a new form of digital currency that they hope to... read more

21 Aug 17 @ 14:25

Defying its naysayers once again, Bitcoin’s price surged above $4,500 for the first time late last week to reach a market value of $73.6 billion. While the cryptocurrency has since pared some of its... read more

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

31 Jul 17 @ 15:18

The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition... read more

25 Jul 17 @ 10:02

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 World Payments Report prediction (Figure 1.1).... read more

25 Jul 17 @ 09:03

UniCredit has started testing with the first pan-European instant payment solution, RT1, in preparation for its instant payments go-live. The real-time payments product will first become available to UniCredit customers... read more