world_wide
🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other Paid Members Public
🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other Although Venmo has been owned by PayPal since 2013, the two services have not been interoperable until now. That will change in November. ▶️The new integration will benefit not only U.S. users but
🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other Paid Members Public
🎉United States 🇺🇸: Venmo and PayPal users will finally be able to send money to each other Although Venmo has been owned by PayPal since 2013, the two platforms were not interoperable — until now. Starting in November, that will change. ▶️The upcoming integration will benefit not only U.S. users but
👻To optimize cross-border payments, SWIFT will build a blockchain-based ledger Paid Members Public
👻To optimize cross-border payments, SWIFT will build a blockchain-based ledger The optimized service will operate around the clock and in real time. ▶️SWIFT will provide the infrastructure and oversee project coordination, while central and commercial bankswill determine the types of tokens to be used, such as deposits, CBDCs, or tokenized
👀Circle plans to introduce a refund mechanism for USDC transfers… with a Paid Members Public
👀Circle plans to introduce a refund mechanism for USDC transfers… with a caveat A refund feature for transactions sent to fraudsters could bring stablecoins closer to the traditional financial system. ▶️Circle, the world’s second-largest stablecoin issuer, appears determined to challenge for the top spot. This year, the company began
📣Binance launches Crypto-as-a-Service for financial institutions Paid Members Public
📣Binance launches Crypto-as-a-Service for financial institutions The solution is designed to enable traditional financial institutions and brokerage firms to provide cryptocurrency trading services to their clients. ▶️Binance’s CaaS is a comprehensive technological solution that integrates with the infrastructure of each company. It offers spot and futures trading, liquidity provision,
🎉Google launches the Agent Payments Protocol (AP2) Paid Members Public
🎉Google launches the Agent Payments Protocol (AP2) The Agent Payments Protocol (AP2) is an open standard developed in collaboration with leading payment and technology companies to operate seamlessly across multiple platforms. Built on established industry rules and standards, it enables users, merchants, and payment providers to execute transactions through any
👀Dollar in decline? ❓ Paid Members Public
👀Dollar in decline? ❓ Since the beginning of 2024, its share in SWIFT transactions has dropped to 46.94%… This figure reached a record low for the reported period. More details at Kommersant: ▶️Over the last month, the dollar fell by 1 percentage point. The euro’s share rose to 25.
🏴☠️Anti-fraud: SWIFT and leading banks test the use of AI for data sharing Paid Members Public
🏴☠️Anti-fraud: SWIFT and leading banks test the use of AI for data sharing The tests were conducted on 10 million transactions involving 13 of the largest banks. ▶️ Among the participants were ANZ🇳🇿, BNY🇺🇸, and Intesa Sanpaolo🇮🇹, working alongside technology partners such as Google Cloud. ▶️The testing involved privacy-enhancing technologies (PET)