International digital remittances will reach US$525 billion by 2024 as traditional players in the market face fintech challenges, according to a new research report.
Virtual card spending is expected to go beyond $1 trillion by 2022 and automated payments solutions are becoming more necessary for business operations.
Blockchain technology will be at the core of a new bank aimed at servicing Australia’s migrant population which being developed by ASX-listed Novatti Group.
A group of financial firms led by UBS is eyeing a blockchain trade platform for settling cross-border trades worldwide with its own “Bitcoin-like” token.
Real estate trading platform Tycoon Global has secured a site in Melbourne’s East Ringwood to build six townhouses to be sold using cryptocurrency.