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European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.

Signature Bank Launches New Digital Payments Technology Platform—Signet

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

China Construction Bank (CCB) opened registration service for the DCEP wallet via its mobile app but disabled the new feature shortly after.

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.

Bakkt Cash Integrated Directly with Starbucks Payment App

Bakkt Cash Integrated Directly with Starbucks Payment App

Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

With the novel coronavirus infecting more than 75,000 people around the world, and with the majority of the Chinese population in the Hubei province infected, authorities in the nation decided to track everyone who bought fever medicine in the province.

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