#Digital payments platform News

two hands touching a blue blockchain block

UAE Targets Digital Payments Adoption, First Abu Dhabi Bank Partners with MoneyGram

July 1, 2019 by Ashwath Balakrishnan at Business, Finance

First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc. as reported by Gulf...

Press Release

Eastern Caribbean Central Bank Pilots Blockchain Initiative with Bitt Inc.

March 17, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Tech

The Eastern Caribbean Central Bank (ECCB) and Barbados-based FinTech company Bitt Inc. will conduct a pilot using blockchain technology with the member countries of the ECCB. According to the press release, the ECCB will work closely with the FinTech company to: “develop, deploy and test technology which focuses on data...