PYMNTS

AUGUST 23, 2019

The World Bank announced it has raised $33 million from investors for its blockchain-based “Kangaroo” bond, Bond- i. The bond, which is due August 2020, is the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.

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PYMNTS

OCTOBER 20, 2020

Information technology services provider Mphasis is teaming with global enterprise services provider R3 to work on blockchain-based payment solutions, a press release says. Corda is a blockchain platform that eliminates expensive friction in business transactions.

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Bank Innovation

JUNE 12, 2017

As the year saw changes in financial regulation, startup culture, and trends in venture capital, innovation moved forward: blockchain labs were made, funding was fought for, mobile payment systems were integrated, and the limits of artificial […].

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Bank Innovation

JULY 7, 2016

As the summer heats up, blockchain hype may (finally) be cooling down. 2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well. This year to date has seen $161 million invested so far, while 2015 saw a total of Read More.

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PYMNTS

OCTOBER 31, 2018

gears up to leave the European Union (EU), for commerce, there remains the unknowns of how trade will be affected, as well as how capital, goods and services can be tracked. The concept of blockchain used in Brexit’s aftermath — specifically to help navigate a new customs landscape — is nothing new. As the U.K.

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PYMNTS

JANUARY 21, 2021

And enter Drip Capital , the middleman that serves as the financial grease that enables trade to flow, easing concerns of both buyers and suppliers. said Pushkar Mukewar , co-founder and CEO of Drip Capital in a conversation with PYMNTS’ Karen Webster. Blockchain To Bangladesh.

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PYMNTS

JUNE 29, 2018

If entranced by bitcoin’s ebbs and flows, one would be forgiven for being caught off guard (if they are, in fact, off guard) to find that a major bank is coming to market with a service backed by blockchain, which now is live and available — and can help make sure that funds cross borders with speed and surety.

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Insights on Business

JUNE 19, 2017

According to a report from Santander, blockchain technology is poised to save banks $20 billion dollars a year in infrastructure costs by 2022. Pete Cherecwith, Northern Trust president of Corporate and Institutional Services, avoided viewing blockchain as impressive technology to put to use somewhere.

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Bank Innovation

JULY 2, 2018

It’s no secret distributed ledger technologies (DLT) have been front-of-mind for financial institutions examining solutions to existing problems in institutional and retail banking. While blockchain technology is still a greenhorn in the wilderness of capital markets, the underlying concept should be heralded as a catalyst for innovation.

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PYMNTS

OCTOBER 5, 2016

Each week it seems blockchain just gets another endorsement. The billionaire and Virgin Group founder said blockchain will create an “ economic revolution ,” especially in developing countries. His reasoning revolves around the issue of proving ownership of certain assets and access to capital. Richard Branson.

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PYMNTS

SEPTEMBER 12, 2018

News came recently, when it comes to patents tied to the blockchain landscape, that Thomson Reuters found China, and Alibaba , to have had an outsized showing. Last year, 56 percent of all blockchain patents issued trace their genesis from China. Alibaba Bets On The Blockchain. Yet, blockchain remains an area of interest.

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Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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PYMNTS

JANUARY 26, 2021

The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.

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Perficient

FEBRUARY 12, 2025

As technology advances and consumer expectations shift, staying ahead of these trends is crucial for success. As these AI technologies evolve, they will transform consumer interactions with payment systems, fostering a more inclusive and sustainable financial ecosystem.

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PYMNTS

NOVEMBER 9, 2018

Overstock may be best known as an eCommerce business, but these days its CEO and Founder Patrick Byrne is much more interested in talking about the power of cryptocurrency and blockchain, and how it will be the real future of both the firm and the economy in general. Suffice to say, Byrne remains one of blockchain’s bigger boosters.

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PYMNTS

MARCH 28, 2019

Along any avenue of technology, there is hope … and there is hype … and then there is reality. Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. As noted by Tim Sloan, chief executive officer of Wells Fargo, “ blockchain has been way oversold.”

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PYMNTS

APRIL 11, 2018

Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. Blockchain Capital is the premiere fund for any project looking to get off the ground in the blockchain space.

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PYMNTS

JANUARY 18, 2019

“The most advanced technology is [electronic data interchange (EDI)].” The technology first emerged in the 1970s. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector. . Betting On Blockchain.

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PYMNTS

JANUARY 25, 2019

Standard Chartered is the latest financial institution to have completed a trade finance transaction via blockchain, the bank announced Thursday (Jan. Using the blockchain platform, Standard Chartered generated digital trade documents for Agrocorp to receive a chickpea shipment from its supplier.

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Bank Innovation

MAY 10, 2018

Blockchain has yet to realize its full potential, and right now, it seems like financial institutions and technology providers aren’t rushing to push it out of its nascent, proof-of-concept stage.

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Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Adding blockchain to the supply chain improved visibility, allowed automatic purchases through smart contracts, and kept a permanent record of what had been ordered as well as status reporting of all items in the supply chain.

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PYMNTS

MARCH 7, 2018

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network.

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PYMNTS

NOVEMBER 6, 2020

Financial services firm Figure Technologies, Inc. By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. 6) announcement.

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PYMNTS

AUGUST 11, 2020

In other news, Coinbase has left the Blockchain Association , an industry advocacy organization, The Block reported. Coinbase announced it was leaving the group, which is based in the nation’s capital, in a letter dated Aug. Clients had to previously ask to harness the company’s technologies for software creation.

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PYMNTS

OCTOBER 23, 2018

In fact, Head Blockchain Engineer Stan James at decentralized blockchain marketplace provider Origin told PYMNTS in a recent conversation that the central locus of the pre-digital gig economy was the community bulletin board. Currently in mainnet beta, Origin’s basic offering functions like a blockchain-powered Craigslist.

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PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. He said that multiple public services such as elections and labor welfare will use the blockchain technology. telephone number management.”

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PYMNTS

SEPTEMBER 22, 2020

According to Blue Star Capital , its investee company SatoshiPay has launched a new B2B payments platform to speed up cross-border payments, Proactive reported. In May, the Stellar Development Foundation put in $550,000 as a strategic investment toward SatoshiPay’s cross-border technology, PYMNTS reported.

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PYMNTS

SEPTEMBER 4, 2019

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. Upskilling will be key, and the capacity to build and grow the ecosystem will be at least as important to harvest the true benefits of the technology.

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PYMNTS

MARCH 22, 2019

Small and medium-sized businesses (SMBs) are the lifeblood of many economies — Europe’s among them — and working capital is the lifeblood of SMBs. Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. One way to secure funding is to use invoice financing.

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PYMNTS

JULY 9, 2020

For some, like Currencycloud and Steamchain, the path involves bypassing legacy payment rails and embracing blockchain. In a statement, Nium Global Head of Commercial Payments Sanjiv Razdan said that it is particularly important today for companies to have this B2B payment flexibility and a solution to optimize working capital.

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blockchain System Payments Innovation 193

PYMNTS

NOVEMBER 14, 2018

Arket , a brand of H&M , is piloting a blockchain product integration with the help of VeChain, TheNextWeb reported. A spokesperson told TNW , “Arket has done a small Proof of Concept (POC) through a pilot testing with VeChain to use blockchain technology to secure product data traceability in the value chain.”

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PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Blockchain for Trading . Trading protocols that operate across the blockchain, he said, are non-custodial, which means “sovereignty over your assets.

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PYMNTS

DECEMBER 24, 2019

And for blockchain, a few warning signs have been flashing that all may not be as rosy as some observers may have hoped, had wanted. This is not to say that blockchain is doomed. Exhibit A, of course, would be Long Island Iced Tea, which back in 2017 said it would change its name to Long Blockchain Corp.,

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PYMNTS

JANUARY 13, 2020

The round was led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities. “We The company is going to first focus on Southeast Asia.

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CB Insights

OCTOBER 29, 2020

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. Notable projects include Securitize, Mt. Pelerin, and Polymath, among others.

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PYMNTS

DECEMBER 14, 2018

“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. In other news, “blockchain developer” is the number-one position in LinkedIn’s 2018 U.S. Emerging Jobs Report.

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PYMNTS

JUNE 29, 2018

Through a four-day test of a know-your-customer (KYC) compliance system, a group of 39 participants were able to make 300 transactions in 19 countries with an app from Synechron built on R3’s Corda blockchain platform. Broadhaven Capital Partners was the sole advisor to R3 on the deal. Rutter said in a statement. ”

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