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Elastos has partnered with The Metaverse Bank (TMB) to deliver decentralised digital ID services, to enable users to verify any form of personal credential securely.
online security, digital identity, blockchain, metaverse, web3
Payment expert and researcher, Andrei Lipkin, the originator of the term ‘Cryptobanknotes’, reveals more on the basic operation principles of cryptobanknotes and the anonymity and autonomy these notes entail.
CBDC, blockchain, banks, payments , digital currency, cash
BankDhofar has announced its partnership with Diebold Nixdorf in order to utilise its RM4V cash recycling engine for an overall improved customer experience.
partnership, green finance, mobile banking, online banking, digital banking, banking, financial services, financial institutions
Digital payments company Block has planned to shutter the P2P business Cash App’s Verse brand in the EU and BNPL platform Clearpay in Spain, France, and Italy.
payments , fintech, paytech, P2P, BNPL, investment
Global payments and financial platform Airwallex has partnered with Israel-based OurCrowd to facilitate investments in global startups.
partnership, investment, startup, financial services
Athu Karume, eCurrency’s President of Africa Markets, presents the benefits of a CBDC implementation that integrates into the existing mobile money services and systems.
CBDC, mobile money, payment methods, cross-border payments, tokenization
Switzerland-based Curve Finance has deployed smart contracts for the crvUSD stablecoin on the Ethereum mainnet.
stablecoin, product launch, smart contracts, cryptocurrency
France-based Societe Generale-FORGE has launched the CoinVertible digital asset in Euro denomination on the Ethereum public blockchain.
stablecoin, product launch, blockchain, digital assets
The Reserve Bank of India (RBI) has started to prepare the rollout of a retail digital rupee pilot following a testing phase of the wholesale usage of its CBDC.
cryptocurrency, CBDC, central bank, crypto asset
tokenization, investment, security token, digital assets, partnership
Visa has filed a patent application to develop a digital currency, potentially using Ethereum as the blockchain.
digital currency, Ethereum, blockchain, Visa, stablecoin, digital wallet, public key, patent
The Board of the Bank of Lithuania has approved the sample of the physical version of the digital collector coin.
Bank of Lithuania, digital collector coin, silver coin, LBCOIN, blockchain, Lithuania
Toron and PaytoGo, a financial technology solutions provider and a B2B platform, have signed a binding co-branding agreement.
Toron, partnership, agreement, PayToGo International, B2B, financial technology, digital wallet, Matercard, Visa, bank accounts, AML, KYC, bills, credit cards, ATMs
Ivno, a fintech company, has announced that it has successfully completed a global trial involving collateralised tokens on the Corda blockchain platform, hosted on Microsoft Azure.
Ivno, Raiffeisen Bank, Corda, blockchain, tokens, payments , instant settlement
Italy’s would-be government has proposed to pay its bills by issuing small-denomination bonds that would work as a form of parallel currency.
small denomination bonds, currency, euro zone, Italy, IOU, alternative payment methods, MiniBOT
Manoj Kheerbat from Gropay tells us to forget about cards or smartphones, as in India it’s possible for a consumer to authorise and authenticate a payment with their fingerprint.
Manoj Kheerbat, Gropay, fintech, India, India Stack, denomination, Reserve Bank of India, financial inclusion, Aadhaar, biometrics, digital identity
Digital transactions in July 2017 grew almost 2% from the previous month to touch 859.2 million, according to provisional data released by the Reserve Bank of India.
digital transactions, Reserve Bank of India, mobile wallet, payments , UPI
Darren Busby, Compass Plus: ...we should look at cash not as the enemy, but as a constant that we can modernize alongside.
Darren Busby, Compass Plus, cash, mobile payment, online payment, currency, money, credit card, UK, Europe, cashless, digital
The Indian government is expected to halt duties to bolster cashless payment methods, whilst cutting taxes on specific payment terminal components in a bid to boost domestic manufacturing of the devices.
India, government, cashless, payment methods, taxes, payment terminal, domestic manufacturing, devices
Uphold, a cryptocurrency platform, has launched prepaid virtual MasterCard to make spending digital currency a bit easier.
Bitcoin, Litecoin, Ethereum, Voxel, cryptocurrency, Uphold, MasterCard, US, virtual cards, online payments