Tag: cross-border payments

  • remittance
    Crypto

    South Korean Crypto Exchange Launches Ripple Powered Remittance Service

    South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone. ‘Cross’ For Faster and Cheaper Cross Border Remittances The service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South...

    Martin Young | December 12, 2018 | 9:00 am
  • Bitcoin
    Bitcoin

    BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service

    Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries. Japanese...

    Ricardo Esteves | November 13, 2018 | 12:00 am
  • ripple
    Crypto

    XRP Recovers as Ripple Expands Crypto Exchange Partners

    Ripple’s cryptocurrency, XRP, has had the year from hell. From its January all-time high it has taken one of the heaviest beatings of all the altcoins and plunged 93% to its lowest level of the year on Tuesday. However, parent company Ripple has probably made more partnerships than...

    Martin Young | August 17, 2018 | 11:00 am
  • stellar
    Crypto

    Cryptocurrency Market Update: Stellar Flies High on New Partnership

    FOMO Moments Crypto land is still in the green, Stellar, ChainLink, Stratis and Komodo making good gains. The correction has not happened yet and markets are still creeping higher. Only Bitcoin and a couple of altcoins seem to be the beneficiaries however. Total market capitalization has broken $300...

    Martin Young | July 26, 2018 | 9:30 am
  • Hong Kong
    Technology

    Hong Kong Treasury Rejects Notion of a Central Bank Digital Currency

    The Hong Kong Treasury decided against the notion of creating a central bank digital currency (CBDC) yesterday, but said that they will monitor the situation. Hong Kong is ‘Already Efficient’ Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan, said, in a press release, that Hong...

    tim copeland | May 31, 2018 | 7:00 pm
  • Blockchain
    Blockchain

    Banks Lose International Payments Business to Disruptive Solutions Like Blockchain

    Transaction banking faces continued pressure from disruptive solutions from blockchain and cryptocurrency ventures, which are taking a significant share of a once-upon-a-time undisputed market. While bleeding customers and transaction volumes, banks remain confident that its legacy technology is ‘good enough for now.’ Banking Industry in Denial While Losing...

    Ricardo Esteves | May 24, 2018 | 1:00 am
  • bitpay
    Industry

    Menlo Ventures Select BitPay as Its First Institutional Crypto Investment

    BitPay, the world’s largest blockchain payments provider, has closed its $40 Million extended Series B fundraising round, bringing the total amount raised to over $70 Million since the company’s inception in 2011. New investors in BitPay include Menlo Ventures, Capital Nine, G Squared, Nimble Ventures, and Delta-v Capital....

    newsbtc | April 2, 2018 | 11:00 pm
  • Bitcoin

    RBS Looks to Simplify Cross-Border Payments

    Cross-border payments can be a hassle, but the Royal Bank of Scotland (RBS) is looking to change all that with a new Ethereum-based system designed to remove inefficiencies and errors that come with transactions that occur beyond home-based borders. Sending money overseas can be a very lengthy and...

    Guest Author | November 6, 2016 | 11:00 pm
  • Bank Revenue Losses Blockchain
    Bitcoin

    Blockchain Can Cause $150b Revenue Loss to Banks

    There has been a lot of focus on blockchain technology in the financial sector as of late. Despite the growing number of banks showing an interest in distributed ledgers, the overall attitude is still “wait-and-see”. Some experts feel that not getting on the blockchain train will cost banks...

    newsbtc | July 18, 2016 | 11:30 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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