BankChain

Fintech Startup Remitware Launches Global Payments Platform MoneyOS

California-based mostly Remitware Payments (Remitr) is established to start a blockchain based mostly functioning method, MoneyOS for global payments. The new OS aims to simplicity the crossborder/global payments by releasing up the present complexities. The intercontinental money centre at Saudi Arabia’s Cash, Abu Dhabi Global Sector (ADGM) will deploy and take a look at MoneyOS…

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Axis Bank Launches Blockchain Powered Instant International Payment Services Using Ripple

India’s 3rd-premier personal sector financial institution Axis Bank has launched instantaneous intercontinental payment services utilizing the business blockchain know-how answer from Ripple. The financial institution has launched a service for its retail prospects in India to get payments from RAKBANK in UAE even though its company prospects in India can get payments from Regular Chartered…

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SBI To Use Blockchain For Smart Contracts & KYC

Indian multinational, public sector banking and economical expert services enterprise, Point out Bank of India ( SBI) has declared plans to launch blockchain-enabled sensible contracts and Know Your Shoppers (KYC) by next thirty day period, mentioned Sudin Baraokar, head of innovation, SBI. These programs are section of BankChain pilot initiatives, a neighborhood of 27 banks…

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