interbank payments

Bank Of America Automates FX Conversion For Smaller FIs

Bank Of America Automates FX Conversion For Smaller FIs
Bank Of America Automates FX Conversion For Smaller FIs
October 23, 2018  |  B2B Payments

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange...

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Italy Completes Blockchain Interbank System Trials
Italy Completes Blockchain Interbank System Trials
October 04, 2018  |  B2B Payments

The Italian Banking Association announced the completion of testing of its interbank system developed on blockchain, CoinTrust reports said Thursday (Oct 4). Get the Full...

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G20 Report Raises Concerns Over Interbanking Decline
G20 Report Raises Concerns Over Interbanking Decline
July 06, 2017  |  B2B Payments

A report released this week by the Financial Stability Board, an international body that makes recommendations on the financial system for G20 nations, has raised...

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Visa Continues B2B Payments Focus
Visa Continues B2B Payments Focus
June 26, 2017  |  B2B Payments

News earlier this month that Visa launched its Visa Ready Program for Business Solutions, a collection of B2B payment and finance services, from virtual cards to...

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Canada Central Bank Votes ‘No’ On Blockchain — For Now
Canada Central Bank Votes ‘No’ On Blockchain — For Now
May 29, 2017  |  B2B Payments

After an inquiry to examine the potential for blockchain to play a role in the nation’s interbank system, the Bank of Canada has ultimately decided...

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Infosys Spearheads Blockchain Network In India, UAE
Infosys Spearheads Blockchain Network In India, UAE
November 29, 2016  |  B2B Payments

Two top banks in the United Arab Emirates and India are spearheading blockchain initiatives in their perspective markets thanks to a new collaboration with software...

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Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
Banks Test Ripple’s Digital Asset In X-Border Payment Overhaul
October 21, 2016  |  B2B Payments

The distributed ledger technology developed by Ripple is now at trial phase among FinTech innovation group R3 and 12 of its member financial institutions, as...

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