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If Twitter found that a 140-character limit was not enough, why are payment messages still confined to that number? Deutsche Bank thinks it’s time to use the 15-year old ISO20022 message format, but the road to ...
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
The ability to transfer money immediately across borders could become a reality soon but the use-case scenario depends on a treasurer’s unique work requirements, explains Kyriba.