NBA superstar Kobe Bryant will appear as TRON founder Justin Sun’s guest and speak at the NiTRON Summit 2019 in San Francisco. Kobe Bryant, twice Olympic gold medalist and NBA superstar, will appear as a guest speaker at the NiTRON Summit 2019 in San Francisco, decentralized Internet project TRON (TRX) shared exclusively with Cointelegraph Nov. […]
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Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple. Japanese bank holding and financial services company Mitsubishi UFJ Financial Group, Inc. (MUFG) said it will use Ripple (XRP) to create a new cross-border payments service to Brazil in a press release Nov. 9. MUFG, which has demonstrated an increasing […]
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Blockchain adoption in the field of precious metals. This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold. Indeed, blockchain has been pioneering […]
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Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. The new solution, AutoFX, aims to make it easier for smaller banks to streamline cross-border payments for their customers by automating foreign exchange conversion before the transaction occurs, […]
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Ripple has hired Google’s leading developer as vice president of products to lead RippleNet, the company’s global payments network. Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26. The U.S. tech company that backs the third top cryptocurrency by market […]
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Money 20/20: blockchain and central bank digital currencies represent a “great challenge” to existing real-time gross settlement systems, says HSBC exec. A senior executive from U.K.-based bank HSBC has said that time-efficient distributed ledger technologies (DLT) and central bank digital currencies (CBDCs) represent a “great challenge” to existing real-time gross settlement (RTGS) systems, Cointelegraph learned […]
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Flywire, a company that solves payment problems for businesses and institutions, announced Tuesday (Oct. 16) that it has launched a simpler way for students in India to pay tuition fees to global universities. In a press release, Flywire said that by leveraging the framework created by the Reserve Bank of India, Flywire – along with Deutsche […]
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First Data, the global commerce-enabling technology company, and BlueSnap, a payments technology provider, announced on Wednesday (October 10) a partnership to combine BlueSnap’s All-in-one Payment Platform with the suite of global and local payments solutions offered by First Data. In a press release, the companies said the partnership will also provide BlueSnap with access to First […]
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Roger Ver revealed Bitcoin.com’s plans to buy or set up its own crypto exchange, operating Bitcoin Cash as its base coin. Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company’s CEO Roger Ver revealed in an interview with Bloomberg Oct. 9. According […]
Continue ReadingB2B payments company TransferMate Global Payments has announced a partnership with AccountsIQ, which will enable its customers to access preferential FX rates for payments through an automated solution within the AccountsIQ system. TransferMate, which is partly owned by AIB and ING Group, has built one of the largest portfolios of payment licenses in the world, partnering […]
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