#fintech

China’s e-yuan Digital Currency part of Concerted 2020 Fintech Push

December 23, 2019 by Osato Avan-Nomayo at News

While details remain unclear, Reuters is forecasting that China’s proposed e-yuan sovereign digital currency may be one of the breakout fintech developments of 2020. Several finance and crypto pundits continue to state that different nations will move forward with their plans to issue state-backed tokenized versions of their fiat currencies....

Goren Holm Ventures Rebrands as Tim Draper Further Invests

December 10, 2019 by Edoardo Vecchio at Blockchain

American crypto tycoon Tim Draper has invested further in Goren Holm Ventures, a fintech venture studio focused on incubating and accelerating early-stage blockchain startups. As published by PRNewswire on December 9, the company now re-branded to Draper Goren Holm. Tim Draper Joins LA-based Venture Goren Holm Ventures (GHV), a fintech and blockchain-focused venture studio founded...

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BigTech’s Foray into Cryptocurrency and Digital Payments Could Destabilize Global Finance

December 9, 2019 by Anthonia Isichei at Regulation

The Financial Services Board (FSB) has issued a report highlighting the potential impact of large tech firms participating in the crypto and digital payments arena. As part of its report, the FSB is calling for robust monitoring of the trend while issuing warnings related to the stability of the global...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

KPMG’s New Blockchain Network Grants Producers a New Degree of Legitimacy

November 29, 2019 by Ashwath Balakrishnan at Blockchain

Consulting and auditing giant KPMG has announced the launch of KPMG Origins: a multi-purpose supply chain network for a wide variety of industries, ranging from food production to financial services for the Asia-Pacific region. Producers today are being held accountable for the sustainability practices they inculcate during the production lifecycle,...

Kakao’s Klaytn DLT Project holds First Meeting with Consortium Members

November 28, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Klaytn (KLAY), the blockchain project from the stables of South Korea’s messaging giant, Kakao, has selected 27 highly reputed firms that will make up its governing council and the consortium has successfully held its inaugural meeting. Consortium members will function as Klaytn node operators, while also partaking in the governance...

Block Aero Wins Grant to Develop Blockchain for Rolls Royce

November 27, 2019 by Ashwath Balakrishnan at Blockchain

Aeronautical blockchain firm Block Aero has been awarded a $37,000 grant to develop a supply chain focused blockchain network for Rolls Royce's aeronautics division. Ledger Insights reported that the blockchain will help stakeholders in the ecosystem seamlessly connect with each other and receive information with regards to maintenance and component...

Crypto Debit Card Comes to Asia Through Wirex and i2C

Wirex Launches Cryptocurrency-Enabled Visa Travelcard

November 12, 2019 by Aisshwarya Tiwari at Bitcoin

Wirex, a London-based payment wallet firm, has announced the launch of a new crypto-enabled multi-currency Visa Travelcard which will ease the process of spending cryptocurrencies for users. Per the report by The Verdict, published on November 11, 2019, Wirex’s latest offering is for its customers across the Asia Pacific (APAC)...

Mastercard Launches Support Platform for Fintech Startups in Asia Pacific

November 11, 2019 by Osato Avan-Nomayo at Blockchain

Global Payments giant Mastercard has created a platform for greater fintech collaboration within the Asia Pacific region. This move comes as the region continues to see an explosion of fintech startups including crypto and blockchain projects looking to target several aspects of the nascent digital economy. Payment Support for Fintech...

Cardano (ADA) and COTI to Develop Merchant-Geared ADA Payment Gateway

October 24, 2019 by Aisshwarya Tiwari at Altcoins

Non-profit blockchain project, Cardano (ADA) on October 23, 2019, announced that it had entered into a partnership with COTI – an enterprise-grade fintech platform – to jointly develop a payment gateway that would enable merchants to transact in Cardano’s native digital token - ADA. Bringing ADA to the Merchants In...

Finastra Forge Alliance with Ripple for DLT-Based Cross-Border Payments

October 9, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Finastra, a company that claims to be the third-largest financial technology (fintech) company in the world, has joined forces with Ripple, the distributed ledger technology (DLT) project behind the XRP altcoin, to offer clients faster and more cost-efficient cross-border payments powered by blockchain technology, according to a blog post on...

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