[ad_2][ad_1] While the market is still in a skeptical area, Ripple continues to add new fintech players under its roof. One of the latest market leaders in partnership with Ripple is "GMT", Israel's largest financial services company. Ripple with Israel's biggest Fintech According to the latest announcement, GMT joins Ripple's …
Read More »Banking and Fintech on The Blockchain
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Fintech on Blockchain is rapidly upsetting the financial sector. The speed and extent of this interruption will depend mainly on the use of the new economy by users. People have talked, everyone is tired of blacks & nbsp; boxes, and we want to …
Read More »BBVA drives first acquisition term loan on blockchain – FinTech Futures
[ad_2][ad_1] BBVA and Porsche Holding Salzburg have closed the "first" acquisition term loan using blockchain technology. € 150 million term loan backing acquisitions in the retail distribution network in Europe and Asia. Geared up for € 150 million term loan BBVA says: "This is not only the first acquisition of …
Read More »United Arab Emirates and Saudi Arabia process cross-border payments on blockchain – FinTech Futures
[ad_2][ad_1] The United Arab Emirates and Saudi Arabia have launched a proof of concept (PoC) to test the blockchain to help cross-border payments between the two countries. Ripple involved? The Central Bank of the United Arab Emirates (CBUAE) and the Monetary Authority of Saudi Arabia (SAMA) are behind the new …
Read More »NEO Global Capital invests in the Ultrain – FinTech Futures blockchain platform
[ad_2][ad_1] Decentralized blockchain platform based on China and Ultrain received investments from NEO Global Capital (NGC). Financial details have not been disclosed Financial details have not been disclosed, but this follows previous investments from Arrington XRP Capital, Draper Dragon and DHVC. Ultrain plans to use the funds to build its …
Read More »SWIFT is testing a new payment system for use on Fintech and Blockchain Tech
[ad_2][ad_1] The Global Interbank Financial Telecommunications Company (SWIFT) has announced its decision to launch a Global Payment Initiative (GPI) pilot service that aims to compete with the growing threat of blockchain and fintech competing solutions provided by institutions such as Ripple, JP Morgan and Transferwise. Still in its early stages, …
Read More »Sberbank in a three-way repo transaction on blockchain: FinTech Futures
[ad_2][ad_1] The Russian & # 39; s National Settlement Depository (NSD), the Sberbank and Brokerage Company (BC) Region have signed the "first agreement in the world" OTC repurchase agreements using an intelligent contract on a blockchain network. The agreement provided for an OTC repo called ruble secured by federal bonds …
Read More »R3 and Ripple settle for the universal payment app – FinTech Futures
[ad_2][ad_1] R3 and Ripple are fueling their fintech ambitions with the launch of a universal settler app for payments on the Corda blockchain platform. "Two of the world's most influential cryptographic and blockchain communities can work together" Called Corda Settler (it looks like a kind of dog), the R3 app …
Read More »Itaú, Wells Fargo and StanChart make a $ 100 million loan on blockchain – FinTech Futures
[ad_2][ad_1] Itaú Unibanco has borrowed $ 100 million through a club loan from Standard Chartered (SC) and Wells Fargo. In parallel, Itaú Unibanco and SC successfully completed the development and testing of a blockchain club loan proof of concept (PoC) that accelerates club loan negotiation using the R3's Corda Connect …
Read More »Ripple and friends form Blockchain for Europe alliance – FinTech Futures
[ad_2][ad_1] Four blockchain companies Emurgo / Cardano, Fetch.AI, NEM and Ripple have teamed up to create an association of European blockchains, Blockchain for Europe. According to the new consortium, the political debate in Europe has been fragmented, so the goals of the association are to foster understanding of the potential …
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