South Korea's Kbank, the country's first internet-only bank, has officially partnered with Ripple to pilot blockchain-based cross-border remittances, focusing on corridors like Korea-UAE and Korea-Thailand. This partnership aims to replace traditional SWIFT transfers, which require pre-funded correspondent accounts, with faster, liquidity-efficient payments. Contrary to rumors, Jeonbuk Bank has not confirmed any partnership with Ripple but has pursued other fintech initiatives including real-time remittances with Nium and crypto wallet integrations. Kbank's confirmed pilot marks a significant step for Ripple's expansion in Asia, where it faces competition from SWIFT's upgraded services and other payment firms like Nium and Wise.
Imbal hasil Treasury 10 tahun AS mencapai level tertinggi sejak 2007, memicu kekhawatiran akan kerentanan di sektor perumahan, properti komersial, dan perusahaan dengan utang besar. Para ahli memperingatkan bahwa dampak terburuk akan terasa dalam 12-...
HIVE Digital Technologies, through its subsidiary BUZZ HPC, has formed a strategic partnership with ProCogia, an applied-AI and data engineering company. This collaboration will see ProCogia utilizing BUZZ HPC's Canadian data centers to provide AI so...
Axon Enterprise, a public safety technology company, has priced an offering of $1 billion in 0% convertible senior notes due 2031. The company expects to receive approximately $986 million in net proceeds, which will be used to cover the cost of capp...
Oil prices declined after a report showed an unexpected increase in U.S. crude, gasoline, and distillate inventories last week. This overshadowed concerns about potential supply disruptions following an attack on Saudi Arabia's East-West pipeline by ...
Grab mengakuisisi 60% saham Atome Financial senilai $1,49 miliar secara tunai, dengan rencana untuk membeli sisa 40% dalam waktu sekitar dua tahun. Akuisisi ini bertujuan untuk memperluas layanan keuangan Grab, khususnya di bidang pinjaman konsumen, ...
