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Blockchain Cryptocurrency Ripple Teams Up With Thai Remittance Payment Company DeeMoney

Sharing is caring!Enterprise blockchain payment solution Ripple has cut a deal with Thai fintech company  DeeMoney, who specialise in remittance payments, also known as cross-border payments.  Deemoney is now processing live transactions, using Ripple’s global financial platform – a  payments network which comprises more than 300 financial institutions worldwide. This

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Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto

The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November.The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and business-to-business transactions in 10 seconds or less via mobile phone, internet banking, or select ATMs. According to a press

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PoB Transactions on Cross-Carrier Payment System Successful

Further developments to blockchain technology are being tackled every day. One of the biggest challenges is how best companies working on blockchain can make their services not only accessible but also practical for users in different countries.The Carrier Blockchain Study Group (CBSG) Consortium is one such collaboration doing just

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British Financial Watchdog Approves BCB Group as Authorized Payment Firm

BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators.The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the firm’s core subsidiary, BCB Payments, as an authorized payment institution (API), BCB Group announced on

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US Treasury to Complete PoC of Blockchain-Based Grants Payment System

The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations.As the Business of Federal Technology reported on Jan. 10, the Treasury Department launched a program designed to discover whether blockchain could

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Libra Association Exec: World Needs Us Because Bitcoin Is ‘Not a Means of Payment’

LAS VEGAS — "Bitcoin as an asset class has proven that mathematical scarcity can support an incredibly exciting asset," Dante Disparte, vice chairman of the Libra Association, said Tuesday. "It's not a means of payment. It just isn't."Disparte spoke at the Digital Money Forum at the Consumer Electronics Show (CES) in

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