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World’s first e-money license for blockchain issued
Monerium has received a license from the Financial Supervisory Authority of Iceland to issue e-money on blockchains through its subsidiary, Monerium EMI. The full license is the world’s first e-money... more
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Visa B2B Connect blockchain based payments network goes live
Visa has launched its Visa B2B Connect network to help financial institutions process cross-border payments globally on behalf of corporate clients faster and at a lower operational cost, it said... more
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International digital remittances to reach $525 billion by 2024
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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Money 2020: Quant network launches interoperable blockchain operating system for banks and financial institutions
Quant Network, a UK-based technology company, have signed a partnership agreement to explore blockchain interoperability through an agnostic cross-platform blockchain operating system for applications and services belonging to banks and... more
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Fnality: global banks invest $50 million in digital cash settlement project
Recent reports have announced that several large global banks are in the process of investing around $50 million to create Fnality, a digital cash system using blockchain technology to settle... more
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