A collection of banks have formed what is being called the world’s first interbank group for global payments using blockchain technology. This is Ripple’s distributed ledger technology, specifically, because evidently no one at that company sleeps. “Six of the biggest banks in the world are saying, ‘hey, we’re dong this, we believe in this,’”Read More
Post Tagged with: "cross-border payments"
Those Dutch know how to fintech. From Rabobank to Adyen to ABN Amro (or at least before it imploded with the credit crisis), the Netherlands has been a global spark for fintech evolution in recent years. Which is why ING Groep NV‘s fintech strategy deserves a look. Today, the DutchRead More
PayPal continues to boost parent company eBay. The San Jose, Calif.-based auction giant had a “challenging quarter,” due to the much-publicized security breaches earlier this year, but still beat earnings estimates, the company reported last night.