Search Results for: digital payments
The destruction of the euro
October 26th, 2020
The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that it is a matter of concern, it is increasingly obvious ...
What is ‘LBCOIN,’ the new Lithuanian state-backed cryptocurrency?
July 24th, 2020
The ongoing COVID-19 pandemic has accelerated the development of digital currencies by central banks in a bid to encourage people to turn to cashless payments. One such project is being led by Lithuania’s Central Bank, which will open a ...
iSignthis increases stake in NSX Limited via placement
May 28th, 2020
iSignthis Ltd (ASX : ISX) “the Company” discloses that: As foreshadowed in the announcement of 20th February 2020, the Company’s subsidiary Probanx Holdings Ltd has taken up the option to participate in the NSX Limited (ASX: NSX) capital raise. ...
Time to learn about money
May 14th, 2020
An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely ...
Facebook’s Libra cryptocurrency gets revamp in response to backlash
April 22nd, 2020
Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. The prospect of Facebook’s 2.5 billion users adopting Libra has led to intense ...
Facebook ‘rethinks’ plans for Libra cryptocurrency
March 5th, 2020
Facebook is reportedly rethinking its plans for its own digital currency after resistance from regulators. It is now considering a system with digital versions of established currencies, including the dollar and the Euro, according to Bloomberg and tech site ...
iSignthis and NSX Limited enter into ClearPay Joint Venture
February 20th, 2020
ClearPay JV will develop a Delivery versus Payment (“DvP”) platform, which is planned to supersede the current (T+ various days delayed for the clearing and settlement) process offered by current incumbent domestic and global stock exchanges. The development will ...
From now on crypto firms in Singapore have to be licensed
February 7th, 2020
With the new payments law, all crypto businesses and brokers operating in Singapore should be licensed. The Payment Services Act was passed back in January 2019 and was implemented this Tuesday, according to the Monetary Authority of Singapore (MAS). ...
iSignthis announced European patent for PSD2 strong customer authentication & KYC
September 16th, 2019
European Patent Office (EPO) has issued notice of intention to grant patent across more than 38 countries Payment Service Directive 2 (PSD2) Strong Customer Authentication (SCA) compliance day was 14th September 2019 Patent includes methods for SCA and Know ...
iSignthis concluded Visa Principal Licensing
August 9th, 2019
iSignthis has issued an announcement to inform that has concluded Principal Membership Agreement with Visa Regional Head Office Singapore, for the Australian market. The license is granted under the Reserve Bank of Australia (RBA) regulatory regime, and provides the ...
