Payment Processor Netpay to Integrate Blockchain-Based Tool: Report

Payment gateway service Netpay International partnered with Israeli firm BNC LedgerTech to integrate blockchain, according to Finance Magnates. Major global online payments firm Netpay International has partnered with Israeli firm BNC LedgerTech to integrate blockchain into its services, Finance Magnates reported on Feb. 12. Netpay International will reportedly become the fourth fintech firm to use […]

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Software Giant Oracle Expands Its Enterprise Blockchain Platform

Global computer tech giant Oracle expanded features to its enterprise-grade Oracle Blockchain Platform. Global computer tech giant Oracle is expanding features on its enterprise-grade Oracle Blockchain Platform, the firm announced in a press release on Feb. 12. The platform’s new capabilities reportedly intend to simplify the process of integrating existing business and IT systems, as […]

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Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend

Remittance company SendFriend has received a $1.7 million investment from investors including Ripple, Mastercard Foundation, MIT Media Lab and Barclays. Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm […]

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Standard Chartered Signs MoU With Chinese Blockchain Finance Platform Linklogis

London-headquartered financial services firm Standard Chartered has signed an MoU with Tencent-backed Chinese firm Linklogis to use its blockchain platform. London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will […]

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Financial Stability Board: Crypto Could ‘Challenge Any Framework’

“The emergence of crypto-assets may challenge any framework,” according to the Financial Stability Board. The growth of cryptocurrencies as an asset class “may challenge any framework” for financial stability, according to remarks from the chair of the Financial Stability Board (FSB) on Feb. 10. Speaking at a Bank of International Settlements’ (BIS) special governors meeting […]

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Major Crypto Exchanges Launch OTC Desks Despite the Crypto Winter

The world’s biggest crypto exchanges are launching OTC desks for institutional investors. Institutional investment is increasingly being seen as the future of crypto trading, with both Binance and Bittrex launching their own dedicated over-the-counter (OTC) desks in January. The desk launches come after Morgan Stanley published a bullish report in November, showing a strong pattern of institutional investment […]

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