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Thai Bank Launches App For Instant Cross-Border Payments Powered By Ripple

Thailand’s oldest bank Siam Commercial Bank (SCB) has partnered with Ripple to create a mobile application powered by blockchain to deliver instant, low-cost cross-border payments. Per a Jan. 8 blog post from Ripple, the app — known as SCB Easy —  was demoed in December during Ripple’s annual customer event,

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Binance Adds Near-Instant UK Pound Payments in Latest Fiat Expansion

Malta-based cryptocurrency exchange Binance has added a flurry of new fiat funding options since New Year, including Faster Payments for U.K. pounds-bearing customers.The company announced Wednesday that the addition comes via a new partnership with fiat-to-crypto payments provider Banxa, which also allows the firm to offer Australian dollar and euro

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Bitcoin Friendly Signature Bank Offers Clients Superfast Payments Services

Signature Bank, a bitcoin (BTC)-friendly New York-based full-service commercial bank founded in 2001, has joined forces with Prime Trust, a Nevada-based tech-driven financial institution that claims to be focused on providing dependable infrastructure solutions for the digital economy. The alliance will enable both organizations to leverage each other’s technologies to

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Rivals Signature Bank and Prime Trust Team up to Offer Instant Payments for Institutions

Crypto banking competitors Prime Trust and Signature Bank have partnered in a bid to appeal to institutional clients. Signature announced Monday it would be linking its Signet payments platform to Prime Trust's multi-asset settlement platform, creating a new service offering "real-time" settlements for digital asset trades."Any Signature Bank commercial client

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India’s Payments Platform Varja Gets the Blockchain Ball Rolling

While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide

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‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning Network

Bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments." While the name, c-lightning v0.8.0, is a mouthful, it's a big improvement for the user experience of the lightning network, a new layer that's probably bitcoin's best shot at scaling to

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