Global FinTech firm Diamante Blockchain has raised more than $1.3 million through an ongoing Wefunder crowdfunding campaign and angel investments that the company plans to use for product development, hiring and scaling its operations around the world. Get the Full Story Complete the form to...
ACH transactions get a lot of criticism for batching transactions into a few bundles a day, slowing down the time it takes for transactions to be settled, and making it more difficult to enable instant or near-instant payments. Get the Full Story Complete the form...
British investment bank HSBC and agrichemical company Syngenta have completed the transaction of a digital letter of credit using TradeLens’ blockchain-supported digital bill of lading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Food and Drug Administration (FDA) Deputy Commissioner for Food Policy and Response Frank Yiannas said the in-progress rule changes at the agency are likely to bring blockchain-based food tracking into existence, The Wall Street Journal (WSJ) reported Tuesday (Feb. 1). Get the Full Story Complete...
In payments, in the war between cryptocurrencies and central bank digital currencies (CBDCs) that continues to take shape, it is the infrastructure — the rails, in other words — that may determine the future of digital currencies. Get the Full Story Complete the form to...
The U.S. Securities and Exchange Commission has added the country’s 17th stock exchange, one that will contain blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Blockdaemon, the blockchain infrastructure firm, said it had gotten a post-money valuation of $3.25 billion, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Amid a major crypto market selloff, blockchain network Solana has reported network issues, including “excessive duplicate transactions,” according to a Bloomberg report Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...