Payments

Investments

Alibaba Affiliate to Boost Blockchain Development After $14 Billion Raise

Alibaba's Ant Financial has raised $14 billion in a new funding, part of which will be used to continue its development of blockchain technology.

Tech  ·  8 June 2018
Payments

Dutch Central Bank: Blockchain ‘Promising But Inefficient’ in Payments

Blockchain technology isn't yet a beneficial addition to the payment system in the Netherlands, according to the country's central bank.

Business  ·  7 June 2018
Thailand

Thailand Trials Central Bank Digital Currency for Interbank Settlement

Thailand's central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper.

Policy & regulation  ·  7 June 2018
Ethereum

Ripple Smart Contracts Creator Targets Ethereum with New Tech Launch

Three years after Ripple shelved Codius, Stefan Thomas is bringing the smart contract platform back to life with his eyes set on disrupting Ethereum.

Business  ·  6 June 2018
South Africa

South Africa’s Central Bank Claims Success in Blockchain Payment Trial

South Africa Reserve Bank indicates that tests of a blockchain-based system for interbank clearance and settlement produced astonishing results.

Policy & regulation  ·  6 June 2018
China

Telecoms Giant Wants to Move Mobile Data Top-Ups to a Blockchain

China Mobile, one of China's three state-owned telecoms giants, is exploring moving part of its mobile data business to a distributed ledger.

Business  ·  5 June 2018
Payments

Money Transfer Firms Join Ripple’s Payment Network

Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.

Business  ·  31 May 2018
XRP

British FX Firm Currencies Direct Pilots Ripple Tech

Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

Business  ·  29 May 2018
XRP

Payments Platform Uphold Completes XRP Ledger Integration

Digital payments startup Uphold has completed its integration with the XRP ledger, it announced Thursday.

Business  ·  24 May 2018
Banking

Commerzbank Conducts €500k FX Transaction Using R3’s Corda

Thyssenkrupp successfully conducted a foreign exchange transaction using R3's Corda blockchain in partnership with Germany's Commerzebank.

Business  ·  24 May 2018
Payments

AmEx Upgrades Rewards Program with Hyperledger Blockchain

American Express announced a blockchain-based loyalty rewards program using Hyperledger's technology.

Business  ·  23 May 2018
Payments

Thai Bank Pilots Cross-Border Transaction Using Blockchain

Thailand's Bank of Ayudhya successfully piloted a cross-border transaction using its own blockchain interledger, it announced Tuesday.

Business  ·  23 May 2018
Payments

Rural Banks Tap Kaleido Blockchain for Faster Transactions

Rural banks in the Philippines are looking to adopt ConsenSys' Kaleido blockchain platform in bid to boost financial inclusion.

Business  ·  23 May 2018
Payments

The Auto Industry Is Gearing Up for a Blockchain-Powered Future

Automotive executives are starting to wake up to the use cases of blockchain in the industry, but there's a way to go.

Policy & regulation  ·  22 May 2018
Bitcoin

A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments

Cryptocurrency trading startup Bitex has trialed a cross-border payments system using bitcoin with an Argentinian bank.

Business  ·  22 May 2018