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Crypto

Shinhan Financial to cooperate with Visa on stablecoin and AI payments

Shinhan Financial Group will work with Visa on developing future financial services including stablecoin and AI-based payments. Shinhan Financial said it signed a strategic business agreement with Visa Group on Aug. 24 at its headquarters in central Seoul to pursue projects in digital assets, AI-based payments and B2B payments. The partners will cooperate on building infrastructure for stablecoin use and jointly design business models for Korea.

AI & Enterprise

SAP Korea, Visa partner on enterprise digital transformation, B2B payment innovation

SAP Korea said on Monday it signed a memorandum of understanding with Visa to support digital transformation for corporate customers and innovation in B2B payments. The companies plan to cooperate with South Korean firms operating global businesses or expanding overseas, as well as companies using legacy systems. They aim to link Visa\'s global payment network and corporate card products with SAP enterprise solutions during implementation and cooperate from the sales stage by jointly proposing solutions.

Crypto

Ripple partners with Notabene, integrates RLUSD into B2B payments platform

Ripple is investing in compliance infrastructure firm Notabene and integrating its dollar-pegged stablecoin RLUSD into Notabene’s B2B payments platform, Notabene Flow. The companies plan to widen RLUSD’s use in institutional payments and review a compliance framework compatible with Ripple Payments. Notabene said it connects more than 2,300 institutions across over 100 jurisdictions and has annualised transaction volumes exceeding $2 trillion.