Bank Innovation

SEPTEMBER 7, 2016

The afternoon session brought on the blockchain. From these sessions, two winners were chosen that will have the chance to engage with a global bank — perhaps the ultimate prize for a fintech startup today. The morning session at BBVA Open Talent Challenge was all about artificial intelligence.

blockchain 150

blockchain Fintech social media Operations 150

PYMNTS

OCTOBER 17, 2018

Business services conglomerate Accenture is expanding its blockchain solution offerings with the development of a procurement platform launched in Thailand. Accenture integrated its blockchain architecture into R3 ‘s Corda open-source blockchain platform to create the tool, the company said.

blockchain 181

blockchain Fintech Fraud System 181

PYMNTS

JANUARY 26, 2021

And while the concept initially set its sights on elevating the consumer banking experience, the data integration drive continues to expand into new use cases, including business banking, that open up opportunity through bank-FinTech collaboration and data integration. HashCash Brings Blockchain Tech To Unnamed Bank.

blockchain 355

blockchain Data Fintech Technology 355

PYMNTS

MARCH 28, 2019

Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. The hope has been that as blockchain moves beyond bitcoin , the decentralized way of moving data, assets and communications would find a wide berth in business. billion compared to $1.5 billion in 2017.

blockchain 187

blockchain San Francisco Bitcoin America 187

PYMNTS

APRIL 21, 2019

JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. It’s that gap — the 5 to 20 per cent of payments — that have to be assessed by operations where we’re trying to alleviate some of that pain,” he said.

blockchain 197

blockchain Payments Fintech Compliance 197

PYMNTS

SEPTEMBER 29, 2020

Reports said that the legislation aims to also provide greater efficiency to address market fragmentation, with current financial service providers working with cryptocurrencies often operating in only one member state. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

PYMNTS

NOVEMBER 8, 2017

Emerging technologies like blockchain and distributed ledger-based APIs could be at the center of making that collaboration easier. In a recent interview with PYMNTS, Behlendorf explained why he believes technologies like blockchain and distributed ledger can make B2B payments run more smoothly for businesses of all kinds.

blockchain 216

blockchain Technology Payments Company 216

Bank Innovation

SEPTEMBER 26, 2017

EXCLUSIVE – Twelve major banks joined blockchain consortium firm R3 and trade finance technology provider TradeIX on Tuesday in an initiative to develop an open account trade finance business network. These tools […].

blockchain 257

blockchain Tools Technology Operations 257

Bank Innovation

FEBRUARY 11, 2019

BNY Mellon is on the hunt for fintech partnerships related to popular technologies like blockchain, data analytics, and AI, but also those related to more obscure technologies like natural language generation, Lucien Foster, head of digital partnerships at BNY, told Bank Innovation. “We We have an AI team, a blockchain […].

Fintech 186

Fintech blockchain Analytics Innovation 186

PYMNTS

MARCH 31, 2020

Cash flow is king for independent farmers operating with thin margins and wide exposure to a variety of risks, from economic downturns to inclement weather. Mitigating Risk With Blockchain. But for traditional institutions operating with decades-old infrastructure, understanding the security of blockchain can be difficult.

blockchain 187

blockchain Security Payments Operations 187

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.

blockchain 160

blockchain cryptocurrency Analysis Operations 160

PYMNTS

JUNE 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. ” However, that’s only the beginning.

blockchain 184

blockchain Data Technology Security 184

Bank Innovation

FEBRUARY 15, 2017

This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, which Read More.

Innovation 317

Innovation blockchain Groups Fintech 317

Bank Innovation

MAY 17, 2018

Visa doesn’t see much use for blockchain in its core business, which is transactions at scale, according to CEO Alfred Kelly.

blockchain 199

blockchain Technology Boston Conference 199

PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

APRIL 28, 2017

Although it’s still in its infancy stage of being used outside of the financial arena, blockchain technology is slowly showing signs of impacting other industries. On the tip of everyone’s tongue in the digital advertising arena is blockchain technology. Blockchain has a number of exciting implications for digital advertising.

blockchain 162

blockchain Los Angeles Fraud Industry 162

PYMNTS

JULY 9, 2020

For some, like Currencycloud and Steamchain, the path involves bypassing legacy payment rails and embracing blockchain. The tie-up will be particularly useful to connecting Oxbury’s customers, which operate in the farming and agricultural arena, to make use of Faster Payments to facilitate real-time invoice payments.

blockchain 193

blockchain System Payments Innovation 193

PYMNTS

DECEMBER 21, 2020

In other news, Russia’s VTB Bank has teamed with blockchain platform Masterchain to issue digital bank guarantees backed by blockchain, the bank announced in a press release. 16), in the first blockchain-supported bank guarantee in Russia.

blockchain 206

blockchain Bitcoin Fraud Report 206

Bank Innovation

MARCH 25, 2019

These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain. The winner of the competition- an identity proofing and verification startup Diro Labs, received admission to the INV Fintech […].

Fintech 186

Fintech Seattle Conference blockchain 186

PYMNTS

OCTOBER 11, 2018

It’s a self-proclaimed blockchain city. Dubai is gearing up for payments via digital coin through a concerted effort between the government and blockchain payments provider Pundi X , with hardware rolling out and a state-created cryptocurrency. Dialing For Blockchain.

blockchain 199

blockchain Payments cryptocurrency Data 199

PYMNTS

NOVEMBER 5, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations.

blockchain 151

blockchain Meeting Operations Financial Technology 151

PYMNTS

AUGUST 7, 2019

Amazon may be in search of a way to put advertising data on the blockchain, according to reports. The company recently put up a job posting looking for a software development engineer in advertising blockchain. In November, the company launched two blockchain-based initiatives. .

blockchain 141

blockchain Software Conference System 141

PYMNTS

SEPTEMBER 30, 2018

Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. According to a report in CNBC citing Fidelity, billions of dollars are going toward Fidelity blockchain, Fidelity AI and Fidelity VR. Revenue was up 13.7

blockchain 164

blockchain Boston Technology Fintech 164

Insights on Business

JULY 26, 2018

Consider, for example, the blockchain space. While blockchain’s decentralized, distributed-ledger technology is most popularly known as the basis for cryptocurrencies such as bitcoin, among the thought leaders with whom I work this is only scratching the surface of the potential of blockchain for business. Customer Experience.

blockchain 151

blockchain Innovation Customer Experience Compliance 151

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. It is also one of the four FinTech “unicorns” being cultivated by Ping An, which is a state-backed group.

Bitcoin 144

Bitcoin blockchain social media Fintech 144

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 […].

Innovation 399

Innovation blockchain Trends Capital 399

PYMNTS

JUNE 8, 2020

The scheme by the “Modern Money Team,” as Putnam referred to the entire operation, was reportedly to offer investors “cryptocurrency trading packages” they had purchased, which could have ostensibly been used for “arbitrage” opportunities at Bitfinex. The group managed to get $12 million from 2,000 investors, Coindesk reports.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. The Broader Blockchain Horizon. Crypto’s Path To Spendability. “We

cryptocurrency 318

cryptocurrency blockchain Bitcoin Examples 318

Bank Innovation

SEPTEMBER 27, 2017

Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Talk has shifted from last year’s discussions on blockchain and chatbots to artificial intelligence and cloud-based cores. What is the state of banking innovation today? Many […].

Innovation 257

Innovation blockchain Fintech Industry 257

PYMNTS

DECEMBER 26, 2019

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State Administration of Foreign Exchange (SAFE), as Reuters reported. His remarks triggered more businesses to explore blockchain technology. The BSN is made up of 14 members.

blockchain 136

blockchain Regulation cryptocurrency Study 136

PYMNTS

JUNE 27, 2018

It didn’t come as a surprise, however, considering the news last year that the central bank would restructure its RTGS system to interface with other platforms, including those build on blockchain — even though the Bank of England said blockchain was “not yet sufficiently mature to provide the core for the next generation of RTGS.”.

blockchain 158

blockchain cryptocurrency System Innovation 158

PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Reports last week said the merger aims to create a FinTech “powerhouse” as both Misys and D+H evolve their services to meet the more sophisticated demands of the industry. The company will merge with DH Corp.,

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Fintech 174

Fintech Guidelines Policies Regulation 174

PYMNTS

AUGUST 13, 2019

Blockchain efforts — on a large scale — got a boost this week when Reliance Jio, the India-based mobile network operator, said it would set up one of the largest blockchain networks in the world. Ambani said that blockchain technology is among the three main areas of tech-focused expansion for Jio. Amazon, Too.

blockchain 135

blockchain Data Security Technology 135

Bank Innovation

OCTOBER 14, 2016

There seems to be a profound conundrum facing blockchain and its implications for financial services. While it is true that blockchain seems to have the potential to “transform” financial services, it also faces steep challenges.

blockchain 150

blockchain Operations Compliance Security 150

PYMNTS

SEPTEMBER 24, 2020

FIS is facilitating real-time payments services to the FIs, while The Clearing House operates the RTP system that enables instant payment settlement and availability of funds. As FIs dabble in blockchain-based payment technologies, financial services technology firm Apifiny is also seeking to drive adoption of blockchain.

Payments 187

Payments blockchain Fintech Innovation 187