Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday (June 24). The move is intended to help bolster Colendi’s Web3 offerings. As part of the deal, Colendi gains SETL’s...
As more corporates take the leap away from paper, ACH continues to be a popular choice to digitize B2B transactions. This week’s exploration of Payment Rail Innovation finds financial service providers and FinTechs collaborating to improve the functionality of ACH, including the adoption of ISO...
Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around...
Just about three weeks after Credit Agricole became a minority shareholder in blockchain startup SETL, Citi is investing in the company, too, Coindesk reported. SETL seeks to make exchanges of cash and other assets easier with its ledger. Other investors include Computershare, Deloitte and banking company...
June 24, 2022
Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday (June 24). The move is intended to help bolster Colendi’s Web3 offerings. As part of the deal, Colendi gains SETL’s intellectual property (IP) and will have access to its industry […]
January 19, 2021
Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the...
February 20, 2018
Just about three weeks after Credit Agricole became a minority shareholder in blockchain startup SETL, Citi is investing in the company, too, Coindesk reported. SETL seeks to make exchanges of...
