Search Results for "real-time payments"
FedNow vs. Stablecoin Rails: The Dual-Dollar Dilemma and Future of U.S. Payments
The U.S. is facing a "dual-dollar" dilemma as the FedNow instant payment system competes with stablecoin rails. FedNow offers real-time domestic transfers, while stablecoins enable global, cost-effective transactions. Industry consensus suggests both can coexist, serving distinct payment needs with implications for dollar dominance and international finance.
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.
ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).
Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?
Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.
Whatsapp is Close to Launching Digital Payments in Indonesia
Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.
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.
Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps
Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.
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.
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.
Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments
Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.
Fidelity Investments Experiments With Crypto Salary Payments
Fidelity Investments experiments with paying employees in cryptocurrency
Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath
Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?