Central banks to develop prototypes for cross-border CBDC settlement
The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use...
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Europe’s Core Payments Network Disrupted by Technical Malfunction
The European Central Bank blamed a software defect for a disruption to the region’s main wholesale payment system last week that left...
EMQ raises $20m in Series B funding for its cross-border financial settlement tech
Hong Kong based cross-border remittances company raised $20m in Series B funding led by WI Harper Group.
{
EMQ’s technology is integrated by clients, including online banks digital wallets, e-commerce and merchant settlement providers and...…
Bank of America cites 'ripple' in recent patent filing
Bank of America recently filed a patent "Real-time net settlement by distributed ledger system," which explicitly cites a “refunded...
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