Tag Archives: crossborder

[ad_2][ad_1] Mercurity Fintech Holding Inc., which leverages blockchain or Distributed Ledger Technology (DLT) to assist companies in conducting “instant” cross-border transactions and remittance payments (via banks or financial institutions), has published its third quarter 2020 financial results (for period ending September 30, 2020). Mercurity reports (generally accepted accounting principles) GAAP …

[ad_2][ad_1] Australia and Singapore have announced plans to test a blockchain system that aims to improve the flow of cross-border trade, according to reports. The Australian Border Force has partnered with two separate regulatory agencies in Singapore, Singapore Customs and Singapore Infocomm Media Development Authority, to run a digital verification …

[ad_2][ad_1] The Australian Border Force (ABF) believes blockchain is the best way to track goods across regions, so it has started a process with Singapore to explore the practical application of the controversial technology. It announced a partnership with Singapore Customs and Singapore Infocomm Media Development Authority (IMDA) to begin …

[ad_2][ad_1] LONDON, November 24, 2020 / PRNewswire / – Active November 24, 2010, Yuan Yuming, CEO of Huobi China was invited to participate in the “2020 Global Blockchain Policy Forum” hosted by the OECD. In his speech at the forum “Trading Under Epidemic: Will Decentralized Ledger Technology Will Be the …

[ad_2][ad_1] Cross-border payments are fraught with difficulties, from long paper trails to complicated contracts / Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments? Cross-border payments are fraught with difficulties. From long paper trails to complicated contracts, even large …

[ad_2][ad_1] US regulators are debating the “why” of a new proposal that worries cryptocurrency fans. Speaking on Monday at the V20 Virtual Asset Service Providers Summit, Carole House, an emerging technology and cyber policy specialist at the Financial Crimes Enforcement Network (FinCEN), said criminals are conducting cross-border payments using smaller …

[ad_2][ad_1] It's not a secret Ripple has gained attention for their fast cross-border payments from both cryptocurrency and traditional individuals. Their speed has brought them recognition in different sectors, and this year should return to being a progressive and advantageous year for them. A bank, Banco Santander, sings his praises …

[ad_2][ad_1] Ripple's products have been appreciated by many big hits in the financial world in the last year and also 2019 brings good news for the company. One Pay FX, a paid application, allows its customers to send cross-border transactions at a higher rate than other competitors, reports Banco Santander. …

[ad_2][ad_1] At the beginning of last year, a Spanish banking group Banco Santander signed an agreement with Ripple to launch a new payment service using blockchain technology. The service is called "Santander One Pay FX". It is the first mobile app developed by Ripple that allows customers to make transfers …

[ad_2][ad_1] Ripple is becoming invincible with regard to cross-border payment. Banco Santander, a Spanish bank based in Santander, Spain, reiterated that no cross-border payment service provider can match the quality of service provided by Ripple. The bank uses Ripple's mobile payment app One Pay FX According to its executive president, …