03 Apr 19 @ 11:16
105 organisations representing the full distributed ledger technology (DLT) ecosystem, including a number of big names from the financial services sector, announced their commitment to a new platform, the International... read more
25 Mar 19 @ 09:29
IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more
27 Feb 19 @ 11:21
Blockchain has been seen as a panacea for all that ails the financial services and payments industries, but expectations for the distributed ledger technology have been falling almost as fast... read more
27 Nov 18 @ 15:54
Two major banking groups have joined the EU International Association for Trusted Blockchain Applications (IATBA) a forum set up with the aim of gaining support for the European Union’s blockchain strategy. Representatives of BBVA and Banco... 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
25 Sep 18 @ 10:45
75 of the world’s biggest banks are turning to the Interbank Information Network (IIN) a blockchain payments platform to fight the threat of new payments rivals in what will be... read more
12 Sep 18 @ 14:52
SoftBank, Synchronoss and TBCASoft have announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standard... read more
25 Jul 18 @ 15:17
American Express has proceeded with the latest in a series of blockchain patents that it is seeking to position the group as the leader in new blockchain enabled transaction technology.... read more
12 Jul 18 @ 10:16
The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3’s KYC project involved major financial... read more
25 Jun 18 @ 16:42
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... 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
14 May 18 @ 16:31
In the online payments sphere, a handful of companies have attempted to create new protocols to overcome the challenges of scalability and ease of use in blockchain technologies. Nevertheless, they... read more
02 May 18 @ 15:53
Blockchain technology is probably one of the most impactful discoveries in the recent history. After all, it has a massive potential to change how we handle online transactions. Despite some... read more
13 Apr 18 @ 10:17
Banco Santander has launched new international money transfer service using blockchain-based technology from Ripple. The service is available to retail customers in Spain, UK, Brazil and Poland, and will be... read more
04 Apr 18 @ 11:05
The more blockchain-based initiatives there are being released into the market, the more difficult it can be to understand which of those are the most interesting applications of the technology.... read more
09 Mar 18 @ 09:36
Ripple has developed a payments app that settles transactions instantly, in partnership with a consortium of 61 Japanese banks based on blockchain technology. Ripple says that the app, called “Money... read more
27 Feb 18 @ 12:39
Deutsche Börse Group has developed a concept for riskless transfer of commercial bank money via an infrastructure based on distributed ledger technology (DLT). By combining blockchain technology with its proven... read more
20 Feb 18 @ 13:29
Upset that you missed the boat on the cryptocurrency craze last year? Millionaires were minted overnight as bitcoin returned 1,700% in 2017, only to see prices crash by more than... read more
05 Feb 18 @ 09:41
The European Commission has launched the EU Blockchain Observatory and Forum with the support of the European Parliament, represented by Jakob von Weizsäcker responsible for the recent report on virtual... read more
17 Jan 18 @ 11:15
Bank of America has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies.... read more
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
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
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