• Market Cap: $351b

  • Jun 27, 2019

Saudi British Bank releases Cross-Border Instant Payments Service using Ripple

Saudi British Bank a Riyadh-based Saudi joint stock company releases Cross-Border Instant Payments Service powered by Ripple

Thailand's Leading Commercial Bank and State Oil Company effectively piloted Blockchain Payments

Thailand's Leading Commercial Bank and State Oil Company effectively piloted Blockchain Payments for Cross-Border business to business payments.

JP Morgan Chase Introduces JPM Coin Stablecoin for Instant Transfers

US banking giant JP Morgan Chase has introduced a digital token called ‘JPM Coin’, which the bank will make use of to speed up payments.

Indian Bank Terminates Accounts With Crypto-Related Transactions

India's Kotak Mahindra Bank has begun to terminate accounts of users who they find being involved in cryptocurrency-related transactions.

Pakistan Joins the Blockchain-Banking Bandwagon with Telenor Microfinance Bank 

Telenor Microfinance Bank, in partnership with Valyou of Malaysia, introduced a blockchain-based system for the cross-border transfer of remittances to Pakistan

200 Banks Are Now on Ripple's Blockchain Network

Following 13 more financial institutions and banks joining RippleNet: Ripple’s blockchain payment network today, Ripple reached a major milestone: 200 clients.

Bank Of Israel Requests Information On DLT

Bank Of Israel requested information regarding Distribution Ledger Technology for the probable implementation in their system.

Brazilian Bank To Implement Its Own Ethereum-backed Stablecoin

One of Brazil's largest banks begins their own Ethereum-backed stable coin, on par with the Brazilian Real in an effort to being an era of transparency

Hitachi, State Bank of India Team Up To Create A Digital Payment Platform

Hitachi Payments is setting up a Joint Venture with the State Bank of India to help accelerate digital payments in India.

Over 75 Banks Now A Part of JP Morgan’s Blockchain Payments Trial

Over 75 banks have now become a part of JP Morgan’s Interbank Information Network (IIN). IIN is a cross-border payments product being tested by JP Morgan