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MAS to extend blockchain trials to securities settlement and cross-border payments

MAS to extend blockchain trials to securities settlement and cross-border payments

by Nehad Kenanie | Mar 9, 2017 | Asia, Payments, Singapore, Technology, Trade Finance, Uncategorised

(9 March 2017 – Singapore) The Monetary Authority of Singapore (MAS) has announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using blockchain technology. The project, in partnership with R31 and a consortium of...

Supporting banks named ahead of Apple Pay’s Italy launch

by Nehad Kenanie | Mar 8, 2017 | Italy, Payments, Technology, Uncategorised

(8 March 2017 – Italy) Apple Pay is “arriving” in Italy with support from Mastercard, Visa, Carrefour Banca, UniCredit and German payment processor Wirecard’s Boon service, Apple’s website says.A timeline for the launch has not been...

Banks place open data access firmly on the agenda following inquiry

by Nehad Kenanie | Mar 7, 2017 | Australia, Regulatory & Government, Technology, Uncategorised

(7 March 2017 – Australia) Australia’s “big four” banks have agreed to allow open access to customer data following a  parliamentary inquiry that recommended banks be forced to give access to customer data to help fintechs now pushing...

New ANZ online tool helps Australian businesses expand internationally

by Nehad Kenanie | Mar 7, 2017 | Australia, New Products, Technology, Trade Finance, Uncategorised

(7 March 2017 – Australia) ANZ Group has launched a new digital tool to help Australian businesses plan for international expansion with a one-stop-shop that provides data-driven insights to support export plans. ANZ Be Trade Ready offers businesses information...

BOQ to host “Future of Fintech” hackathon

by Nehad Kenanie | Mar 3, 2017 | Australia, FinTech, Technology, Uncategorised

(3 March 2017 – Australia)  Bank of Queensland will this week host more than 130 aspiring entrepreneurs at a fintech hackathon.The event is being staged from 3-5 March at Q-Labs in Brisbane. The bank’s group executive and chief operations,...

Indian government, Visa and MasterCard launch QR code payments solution

by Nehad Kenanie | Feb 22, 2017 | India, Payments, Technology, Uncategorised

(22 February 2017 – India) Indian consumers are now able to make QR code-based mobile payments using BharatQR, a “low cost, interoperable mobile acceptance solution” backed by the Indian government and developed by Mastercard, Visa and National...
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