First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times or events, FAB said in a Tuesday (Sept. 24) press release. “This successful pilot opens...
Cryptocurrency’s wild ride isn’t over yet. Regulators are closing in, and innovation is speeding up. It’s safe to say that the blockchain landscape remains a bit of a battleground. Price volatility continues unabated, and scams are still peppering the landscape, including the Monday (Sept. 23)...
You can’t have a global economy without cross-border payments. And as the world gets more connected, the onus is increasingly falling on cross-border payments, which have traditionally been friction-filled and complex, to step up their game and perform better. “Traditional cross-border payments still have a...
People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies that will reshape the financial and payments sectors. This view tends to be held by people and businesses that believe...
Japan is reportedly considering whether to loosen its rules for the crypto industry. This consideration is being driven in part by a growing number of Japanese firms that are exploring blockchain-related initiatives, Bloomberg reported Tuesday (Sept. 17). Prime Minister Fumio Kishida has prioritized Web3, but...
Stablecoin issuer Circle has launched a partnership with Sony Block Solutions Labs. The collaboration, announced in a news release Sunday (Sept. 15), is designed to “drive innovation and creativity through decentralized technologies” on the Soneium blockchain ecosystem, Circle said. With the partnership, Soneium “will integrate...
JPMorgan Chase reportedly aims to use its blockchain services to boost its corporate banking market share in Switzerland. The bank’s blockchain services are already being in Germany by companies like Siemens, and the technology presents opportunities for growth in cash management, Lutz Karl, who heads JPMorgan Chase’s...
Cross-border payments suffer from inefficiencies such as high fees, slow settlement times and poor transparency, making international transactions costly and cumbersome. Blockchain technology offers transformative potential to address these issues by streamlining processes and reducing costs. The PYMNTS Intelligence report “Can Blockchain Solve the Cross-Border...
A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked by several themes and trends that reflected the early stages of adoption, experimentation and regulatory uncertainty. Today’s digital asset landscape...
