The Bank of International Settlements (BIS) has released the blueprint of its instant cross-border payments solution dubbed Nexus. The BIS Innovation Hub says the Nexus solution will connect with Instant Payment Systems (IPSs) across nations to offer users superfast cross-border payments. BIS Launching Cross-Border Payments System The proliferation of distributed ledger technology (DLT) is fast… Continue reading BIS Unveils Blueprint for Instant Cross Border Payments System
oneZero, a financial services technology provider, announced on Tuesday the launch of its institutional hub, facilitating trading services to institutional brokers, prime of prime providers, and banks. The company explained that the new institution-focused service will allow clients to define all trading criteria with advanced aggregation, price formation, customized distribution, risk management and systematic hedging.… Continue reading oneZero Expands Offering with New Institutional Hub
Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April 9, the solution aims to solve the challenges of expensive and unreliable global payments. They… Continue reading Ripple Integration Brings Instant Payments to Thailand
The media narrative surrounding the entrance of institutional investors into cryptocurrency has long centered around waiting–waiting for the right platforms, the right regulations, and the right prices before a ‘wave’ of institutional cash will finally crash into crypto. However, the real story is a bit more nuanced: the meaning of the word ‘institutional’ has become… Continue reading Bringing Institutional Cash to Crypto: Is the Industry Really Ready?
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