Tagged: swift

November 15, 2018 @ 10:23 pm By Cali Haan  |  

In early November, SWIFT, the Belgium-based company that operates the global payments network of the same name, announced that “certain Iranian banks” would be cut off from using the service: “In keeping with our mission of supporting the resilience and integrity of the global financial… Read More

October 28, 2018 @ 5:27 pm By JD Alois  |  

Crypterium has announced that as of last week 400,000 users will be given the opportunity to test paying their loans directly via cryptocurrency.  Crypterium is already allowing consumers in Australia to transfer crypto and deposit into bank accounts with a partnership with BPAY. Led by former… Read More

October 24, 2018 @ 11:21 pm By Cali Haan  |  

Reserve Bank of Australia Assistant Governor Michelle Bullock told audiences at the Sibos Conference in Sydney this week that she does not believe Australia and other central banks have any reason to create a national digital currency settled on blockchain, Financial Review (FN) reports. Sibos is… Read More

November 30, 2017 @ 3:45 pm By Erin Hobey  |  

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

October 19, 2017 @ 9:22 am By JD Alois  |  

Sberbank and SWIFT have signed a memorandum of cooperation to develop and market Fintech products created and promoted by SWIFT. Sberbank is Russia’s largest bank and holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy… Read More

September 10, 2017 @ 9:04 pm By JD Alois  |  

FinTech Australia is sharing that two of their members have been selected to participate in the Swift global FinTech challenge at LATTICE80 on 13 and 14 September 2017. This past June, SWIFT offered Fintech companies from around the world to develop new overlay services that leverage… Read More

June 21, 2017 @ 5:29 pm By Cole Lyons  |  

In a recent announcement, SWIFT offered up to €200,000 in funding to Fintechs around the world to develop new overlay services that utilize their new global payments innovation (gpi) platform. The two winning Fintech companies of an Industry Challenge will work with banks on innovations that… Read More

April 10, 2017 @ 8:52 am By JD Alois  |  

Deloitte has published a report on emerging Fintech Hubs around the world that analyses 44 different cities. Entitled “Connecting Global FinTech: Interim Hub Review 2017,” the document was released at the opening of the Innovate Finance Global Summit taking place in London this week. The… Read More

April 27, 2016 @ 1:46 pm By Erin Hobey  |  

The European Union has put the brakes on regulating blockchain (the technology that underpins bitcoin); an EU parliamentary committee agreed on Tuesday in the latest example of a “softly-softly” approach by authorities towards financial services, according to the release. “We don’t want pre-emptive regulation, but we do… Read More