Tagged: hikmet ersek

Western Union Launches “Digital Location” Feature for Sending and Receiving Money from Users’ Homes to Prevent Further Spread of Coronavirus

Global money transfer service provider, Western Union (NYSE: WU), has launched a new feature called, “Digital Location,” which allows users to send and receive funds from their own homes. Western Union revealed that it’s testing out the combined telephone and video service, which allows users… Read More

Western Union Partners with India’s Airtel Payments Bank to Process Remittance Services

Leading multinational payments firm Western Union (NYSE: WU) has teamed up with established India-based Airtel Payments Bank, in order to process remittance services. The partnership will allow Airtel Payments Bank clients to direct Western Union transactions into their individual bank accounts via the banking section… Read More

Thai Central Bank Trialing R3 Distributed Ledger Among Mixed Reports of Enterprise DLT Performance, May Issue CBDC

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More

Ripple Admits Its Expedited Banking Network, xRapid, “Hasn’t Gotten There Yet”

For several weeks, the CEO of Ripple, Brad Garlinghouse, has been publicly calling out Bitcoin. The Ripple vs. Bitcoin rivalry goes all the way back to 2012, when Ripple’s founders developed the company’s services specifically to service the banks and cross-border remittance firms Bitcoin was… Read More

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