In today’s top news in digital-first banking, European Central Bank (ECB) President Christine Lagarde cautioned that stablecoins could be a risk to monetary sovereignty, while Velo Labs is working with Visa and Lightnet on lending in Asia. Plus, the Central Bank of Iceland (CBI) is...
Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending...
Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending...
May 27, 2022
Blockchain infrastructure company Velo Labs, which focuses on international remittances, and financial services platform EvryNet are looking to build what they consider the future of centralized decentralized finance (CeDeFi) through a strategic merger in a joint press release Thursday (May 26). Velo Labs is developing a blockchain-based global settlement network to provide cross-border payments to […]