SendFriend plans to serve overseas workers from the Philippines, using XRP and Ripple’s xRapid product for cross-border settlements. It is also going to launch in New Jersey.
Binance has partnered with Simplex in a move that is seen to bridge the gap between digital and fiat currencies enabling credit card holders to purchase major cryptos directly.
The so-called Unit-e, developed by the researchers, is cryptocurrency able to process 10,000 transactions per second. It is set to launch in the second half of this year.
FinTech is increasingly collaborating with traditional banking institutions, combining the innovative mindset of FinTech startups with the scale, strong brand recognition of traditional banking institutions. However, a new disruptive force is on the horizon: TechFin.
MasterCard has filed a patent application in an attempt to implement a new strategy of maintaining the anonymity of crypto transactions. The company seeks to attract users who prefer transactions anonymity.
In the new patent, Mastercard proposes a Fractional Reserve used for simultaneous storage of fiat and crypto.
In this guest post, Professor Gracie Anderson shares her insights into the nature of blockchain, explaining why such large-scale entities as Mastercard choose to adopt the tech.
Ajay Banga, the leader of the multinational financial services corporation, made a number of critical statements on the cryptocurrency. But the logical reasoning backed with striking examples provokes thoughts on the main concepts of the crypto sphere.
Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
The solarisBank is working on a hybrid model of the future that implies the coexistence of banking and blockchain firms to play a crucial role in the global economy.