Payments

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

| Yogita Khatri

Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.

Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial

| Yogita Khatri

Australia's federal science agency CSIRO and CommBank have trialed a blockchain payments prototype they say could save "hundreds of millions" a year.

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

| Yogita Khatri

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Former Fed Chair Janet Yellen Is Now a Bitcoin Owner

| Nikhilesh De

A member of the crypto community has gifted former Fed chair Janet Yellen some bitcoin in response to her negative comments on the cryptocurrency.

combination lock promise

Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

| David Floyd

With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?

Ripple Hires Former Google Exec as VP of Products

| Yogita Khatri

Blockchain payments startup Ripple has hired Google's former messaging lead as its vice president of products.

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

| Yogita Khatri

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

New Stablecoin Tied to Australian Dollar Is Launching on Stellar’s Blockchain

| Leigh Cuen

A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use.

phil chen, htc

HTC Opens Pre-Orders for Blockchain Phone, Payable Only in Crypto

| Nikhilesh De

HTC has announced that its first blockchain phone, the Exodus, is available for pre-order – and must be purchased with crypto.

Crypto Payments Startup Uphold Launches Lending Products

| Nikhilesh De

Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.