fintech Archives - Page 46 of 133

KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes

February 28, 2020cashtechnews

Flagship global airline KLM Royal Dutch Airlines is using blockchain to facilitate intercompany settlements process with its subsidiaries. As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project. Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with […]

Crypto Payments Provider Partners With Travala Bookings Platform

February 27, 2020cashtechnews

Crypto.com, a Hong Kong-based crypto payments provider, has integrated into Travala’s website to streamline cryptocurrency-based payments. On Feb. 27, Hong Kong-based cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala. The deal will see Crypto.com’s payment app integrated onto Travala’s website, providing a streamlined gateway for bookings to be made on […]

Crypto Goes Plastic — Coinbase’s Visa-Approved Solution Suggests Growth

February 25, 2020cashtechnews

Coinbase is the first crypto company to become a principal partner of the payments giant. Will crypto debit cards soon become commonplace? On Feb. 19, Coinbase announced that it has become a principal member of Visa. In an apparent first for the cryptocurrency industry, the firm is now able to issue debit cards without having […]

Bank of Canada Prepares for Digital Currency “In Case One Is Needed”

February 25, 2020cashtechnews

Bank of Canada is preparing for creating its own digital currency to defend the Canadian dollar and monetary sovereignty. Although the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies — […]

Crypto-Friendly Banking App Now One of Europe’s Most Valuable Fintechs

February 25, 2020cashtechnews

Crypto-supporting banking app Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting […]

Blockchain Fintech Firm Diginex, 8i Set Up Special Meeting on Merger Deal

February 24, 2020cashtechnews

Fintech firm Diginex has revealed its further development plans, once the merge deal with 8i is closed. Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge. The special meeting will take place on March 20 in New York, […]

CULedger’s DLT-Based Credit Union Platform Is Commercially Live

February 24, 2020cashtechnews

CULedger, a fintech firm coordinated by the Credit Union National Association, has commercially launched its blockchain identity platform. As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature. CULedger, a major fintech firm coordinated by an American national trade association, has commercially launched its blockchain […]

Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

February 24, 2020cashtechnews

The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector. Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks […]

The State of Blockchain: Experts Weigh in on Adoption Around the World

February 23, 2020cashtechnews

Blockchain is becoming a hot topic, but is it being effectively implemented around the world? Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation. As happens with the […]

FCoin Blames Poor Auditing for Shutdown, but Others Suspect Exit Scam

February 22, 2020cashtechnews

Regular, non-random Bitcoin outflows from FCoin’s cold wallet point to an exit scam amid the crypto exchange platform’s shutdown. Less than two years after bursting onto the scene, Chinese crypto exchange FCoin has shut down its operations. The platform, founded by Zhang Jian, also says it may be unable to pay the 7,000 to 13,000 Bitcoin […]

Tag: fintech

KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes

Crypto Payments Provider Partners With Travala Bookings Platform

Bank of Canada Prepares for Digital Currency “In Case One Is Needed”

Crypto-Friendly Banking App Now One of Europe’s Most Valuable Fintechs

Blockchain Fintech Firm Diginex, 8i Set Up Special Meeting on Merger Deal

CULedger’s DLT-Based Credit Union Platform Is Commercially Live

Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

The State of Blockchain: Experts Weigh in on Adoption Around the World

FCoin Blames Poor Auditing for Shutdown, but Others Suspect Exit Scam

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