Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech

The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8. Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary of Telenor…

$5 Trln FX Settlement Giant CLS to Launch Blockchain-Based Netting Service ‘Within Days’

Forex exchange (FX) settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days,” according to Chief Strategy Officer (CSO) Alan Manquard. The CSO made the announcement at the IBM Think Tank conference in London Nov.…

London Remittance Firm Launches Cryptocurrency Trading Service, Says Crypto’s ‘Here to Stay’

TransferGo, a London-based remittance service, has become the first remittance provider to offer a cryptocurrency trading service, and will offer bitcoin, ethereum, bitcoin cash, litecoin and XRP, in response to a strong demand for cryptocurrency, according to Bloomberg. Daumantas Dvilinskas, founder…