global payments Archives - Page 7 of 10

Visa Set to Join the Expanding Field of Blockchain-Based International Payment Providers

June 19, 2019cashtechnews

Visa launches a blockchain-based centralized payment settlement service for international business transactions, challenging USC and Ripple. Visa has launched a payment system for business-to-business (B2B) transactions partially based on blockchain technology. The United States payment behemoth says its platform, called Visa B2B Connect, offers seamless cross-border payment processing for institutional clients without going through the complex web of third-party […]

Report: Circulation of Facebook’s Crypto Could Face Demographic Challenges

May 28, 2019cashtechnews

Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]

BBC: Facebook Aims to Launch Payments-Focused Cryptocurrency in 2020

May 24, 2019cashtechnews

Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020. Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020, according to a BBC news report published on May 24. The BBC reports that tests for the forthcoming digital currency are planned to take place by the […]

Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

May 9, 2019cashtechnews

More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]

Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

May 7, 2019cashtechnews

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO. Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7. Having more than 15 years experience in private equity […]

Blockchain Capital Co-Founder Gavin Brown: We’ll See One or a Handful of Cryptos Win

April 23, 2019cashtechnews

Blockchain Capital co-founder Gavin Brown said that he expects that there will be one or a handful of winners when it comes to cryptocurrency. Blockchain Capital co-founder Gavin Brown said that he expects that there will be only one or a handful of winners when it comes to cryptocurrency. Brown made his remarks during an […]

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

April 22, 2019cashtechnews

JPMorgan Chase’s Interbank Information Network is now used by more than 220 banks around the world JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by errors, the Financial Times reported on April 21. The United States financial giant is adding new features to […]

Pet Stablecoins: Why Some Banks Issue Their Own Digital Tokens, While Others Don’t

March 20, 2019cashtechnews

A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move. This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many […]

SWIFT, HSBC, Deutsche Bank to Conduct Blockchain-Based E-Voting PoC

March 6, 2019cashtechnews

Global financial messaging network SWIFT is carrying out a DLT-based shareholder e-voting proof-of-concept in the first half of this year. Global financial messaging network, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), is carrying out a blockchain-based shareholder e-voting proof-of-concept (PoC) with major financial institutions. SWIFT announced the news in a press release published on […]

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

February 16, 2019cashtechnews

JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]

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Tag: global payments

Visa Set to Join the Expanding Field of Blockchain-Based International Payment Providers

Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

Blockchain Capital Co-Founder Gavin Brown: We’ll See One or a Handful of Cryptos Win

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

Pet Stablecoins: Why Some Banks Issue Their Own Digital Tokens, While Others Don’t

SWIFT, HSBC, Deutsche Bank to Conduct Blockchain-Based E-Voting PoC

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

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