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MUFG, Japan’s biggest bank, has announced it will shut GO-NET, the IoT payments solution it set up in 2019 as a joint venture with Akamai in which MUFG held an 80% stake. GO-NET... read more
New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... more
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75 of the world’s biggest banks are turning to the Interbank Information Network (IIN) a blockchain payments platform to fight the threat of new payments rivals in what will be... more
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American Express has announced the introduction of blockchain-enabled, cross-border B2B payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing the time and cost of settlement, Santander UK is the selected partner to initiate this new transaction channel, which has the potential to expand substantially [...]
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