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John Kiff

PayPal and Mastercard bring Instant Transfer feature to Singapore - 0 views

www.finextra.com/...-transfer-feature-to-singapore

Fintech FastPayments

shared by John Kiff on 27 Nov 19 - Cached
  • John Kiff on 27 Nov 19
     
    "etwork infrastructure to facilitate the secure availability of funds in real-time*. With Mastercard Send, PayPal users can transfer their account balances to eligible Mastercard cards seamlessly and conveniently, typically within seconds.
John Kiff

Swiss Federal Council wants to further improve framework conditions for DLT/blockchain - 0 views

www.efd.admin.ch/...sb-news_list.msg-id-77252.html

Fintech Blockchain Regulation

shared by John Kiff on 27 Nov 19 - Cached
  • John Kiff on 27 Nov 19
     
    The Swiss federal government is passing to parliament a revised plan aimed to remove legal hurdles still holding up innovation based on blockchain and distributed ledger technology.
John Kiff

Bankable opens Middle East & Africa hub in Dubai - 0 views

www.finextra.com/...ddle-east--africa-hub-in-dubai

Fintech

shared by John Kiff on 27 Nov 19 - Cached
  • John Kiff on 27 Nov 19
     
    Bankable, the global provider of "Banking as a Service" solutions, and Visa today announced a strategic collaboration within the Central and Eastern Europe, Middle East and Africa region. Bankable aims to work with Visa to accelerate the digital capabilities of financial institutions', build and launch digital banks, reduce cash usage and increase Fintech sponsorship in CEMEA.
John Kiff

Ghana could issue digital currency in 'near future' - 0 views

www.bog.gov.gh/...ence_Speech_Governor_final.pdf

Fintech CryptoAssets CBDC

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    Ghana could issue a digital form of the nation's currency, the cedi, in the "near future" and is in talks to develop a pilot project in a sandbox environment. https://www.bog.gov.gh/wp-content/uploads/2019/11/23rd-Annual-Banking-Conference_Speech_Governor_final.pdf
John Kiff

This digital currency could build a more sustainable global economy - 0 views

www.weforum.org/...l-currency-economy-sustainable

Stablecoins CryptoAssets Fintech

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    To reduce the risk of any single stablecoin becoming systemically dominant (and simply replacing a fiat hegemon with a digital one), there should be an emphasis on interoperability and frictionless exchange across blockchains. Blockchain interoperability can increase economic and transactional scalability, speed and security.
John Kiff

Bitcoin's climate change impact may be much smaller than we thought - 0 views

www.newscientist.com/...e-much-smaller-than-we-thought

Bitcoin Fintech CryptoAssets

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    Bitcoin mining consumed enough electricity last year to release carbon emissions on a par with Estonia, according to a study that suggests the climate change impact of the crypto-asset is not as bad as previously thought.
John Kiff

The democratic benefits of digital banking - 0 views

qz.com/...ic-benefits-of-digital-banking

OpenBanking Fintech

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    The bank of the future will need to think about people in a completely different way. This will require a customer-first approach that is deeply embedded in the process of how services are designed and delivered. It's an approach that is digitally driven but at its core focused on solving our human problems and needs.
John Kiff

Upbit cryptocurrency exchange loses $48.5 million to hackers - 0 views

www.zdnet.com/...-loses-48-5-million-to-hackers

Fintech CryptoAssets CyberRisk Liquidity

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    Upbit suspended its deposit and withdrawal service, saying that $48.5 million of Ethereum had been stolen from the Upbeat Ethereum hot wallet to a previously unknown wallet address.
John Kiff

Remittance firm TransferGo plans to move to Ripple solution that uses XRP - 0 views

www.theblockcrypto.com/...-ripple-solution-that-uses-xrp

CryptoAssets Remittances Ripple Fintech Blockchain

shared by John Kiff on 27 Nov 19 - No Cached
  • John Kiff on 27 Nov 19
     
    U.K.-based remittance firm TransferGo is planning to move to Ripple's payments solution On-Demand Liquidity that leverages XRP, the world's third-largest cryptocurrency.
John Kiff

Optical Proof of Work - 0 views

arxiv.org/1911.05193

CryptoAssets Bitcoin

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    A group of researchers have come up with what they claim is a cheaper and more energy efficient way to mine bitcoin, using photonic-chips, optical computers, and a revised encryption protocol, called HeavyHash.
John Kiff

South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies - 0 views

cointelegraph.com/...oundation-for-cryptocurrencies

Fintech CryptoAssets Regulation

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    South Korea's National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to crypto markets in South Korea.
John Kiff

ICE's Bakkt Looks to Build a Digital Asset Ecosystem Based on Consumer Apps - 0 views

bitcoinexchangeguide.com/osystem-based-on-consumer-apps

Fintech CryptoAssets Blockchain Bakkt

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    Bakkt has a partnership with Starbucks and it will be launching its mass consumer-facing product next year. Starbucks is one of the merchants that it is working with, to reduce payments and allow consumers to more easily spend digital assets. Bakkt wants to make payments faster, cheaper, and more global.
John Kiff

BNY Mellon Aims to Go Live 'ASAP' on Trade Finance Blockchain Marco Polo - 0 views

www.coindesk.com/-finance-blockchain-marco-polo

Fintech Blockchain R3 TradeFinance

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    Bank of New York Mellon has joined the Marco Polo trade finance consortium running on R3's Corda, becoming the 28th bank to do so.
John Kiff

Why 92% of Institutional Investors Store Crypto on Exchanges - 0 views

www.financemagnates.com/...tors-store-crypto-on-exchanges

Fintech CryptoAssets Custody

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    Exchanges remain the most popular choice for cryptoasset storage amongst Binance's institutional and VIP clients at 92.1%. When moving to self-storage, cold wallets are the second most favored choice, given their improved safety and control. Third-party custody services were the least popular option at 2.6%.
John Kiff

The RBI announces measures to push digital payments in India - 0 views

www.rbi.org.in/...BS_PressReleaseDisplay.aspx

Fintech PaymentSystems

shared by John Kiff on 26 Nov 19 - Cached
  • John Kiff on 26 Nov 19
     
    The Reserve Bank of India announced fresh steps to push digital payments in India, including removing charges on online fund transfer system National Electronic Funds Transfer, introducing interoperable system such that FASTags can be used to pay parking fees, fuel, among other measures.
John Kiff

Benoît Cœuré: Towards the retail payments of tomorrow - a European strategy - 0 views

www.bis.org/r191126e.htm

Fintech CBDC FastPayments CryptoAssets

shared by John Kiff on 26 Nov 19 - No Cached
  • John Kiff on 26 Nov 19
     
    "[A central bank digital currency] could take a variety of forms, the benefits and costs of which the ECB and other central banks are currently investigating, being mindful of their broader consequences on financial intermediation."
John Kiff

MoneyGram Money Transfer Service Gets Investment from Ripple to Boost XRP Adoption - 0 views

bitcoinexchangeguide.com/m-ripple-to-boost-xrp-adoption

Fintech Blockchain CryptoAssets CrossBorder Ripple

shared by John Kiff on 25 Nov 19 - No Cached
  • John Kiff on 25 Nov 19
     
    MoneyGram will use Ripple's On-Demand Liquidity (ODL) solution in Australia, Europe and other important markets.
John Kiff

MAS Partners Financial Industry to Create Framework for Responsible Use of AI - 0 views

www.mas.gov.sg/...work-for-responsible-use-of-ai

Regulation Data AI Fintech

shared by John Kiff on 25 Nov 19 - No Cached
  • John Kiff on 25 Nov 19
     
    The Monetary Authority of Singapore is working with financial industry partners to create a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics.
John Kiff

Binance Survey: Over 90% of Crypto Investors Hold Their Digital Assets with Crypto Exch... - 0 views

bitcoinexchangeguide.com/l-assets-with-crypto-exchanges

Fintech CryptoAssets Custody

shared by John Kiff on 25 Nov 19 - Cached
  • John Kiff on 25 Nov 19
     
    A Binance survey has revealed that over 90% of the participants keep their digital assets with 3rd parties like crypto exchanges as opposed to cold wallets. This is despite a high risk associated with the security of digital currency exchange platforms.
John Kiff

French central bank floats European wholesale CBDC - 0 views

www.banque-france.fr/...-growth-europes-capital-market

Fintech CryptoAssets CBDC

shared by John Kiff on 25 Nov 19 - Cached
  • John Kiff on 25 Nov 19
     
    The potential role of a DLT-based wholesale CBDC is in worth considering if not desirable according to the Banque de France's Denis Beau, and the central bank is quite open for experiments in that direction, together with the ECB and other central banks of the Eurosystem.
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