Ripple based money transfer startup SendFriend is supposed to save 80% remittance fees. David Lighton, the co-founder and chief executive of SendFriend explained how XRP impacts the payment process. As per Lighton, traditional money transfer firms usually charge up to 10 percent of the total amount being transferred from end to end. However, when SendFriend’s...Read More
PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure. However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage...Read More
BC Card, the largest payments processor in South Korea, is now using KT’s blockchain technology to settle rewards points. BC Card processes the ordering and exchanging of points paid out by affinity partners, VIP points and vouchers. BC Card earlier handled the rewards manually but in the first half of 2019, it began to develop...Read More
Terra is a price- stable coin. It aims to become a widely used stable coin as a payment method in a blockchain payment solution. Recently, Terra has received an undisclosed sum of funding from Hash key Capital. HashKey Capital is an affiliate of the HashKey Group, a Hong Kong-based fintech company. However, the two firms...Read More
Cryptocurrencies aren’t just a niche investment category anymore. In the latter half of 2019, digital assets have managed to sit beside stocks, bonds, commodities, and other investment instruments as an important part of a holistic investment portfolio. Interestingly, digital assets are coming out on top. A resurgent awareness of cryptocurrencies has pushed their prices back...Read More
