PYMNTS

OCTOBER 31, 2018

Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. That would leave room for blockchain. As reported in July via white paper, the U.K.

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blockchain Fraud Data Study 201

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

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Bank Innovation

OCTOBER 13, 2016

As we know, two of the most prized traits of blockchain technology, specifically when one is talking about the bitcoin blockchain, are its anonymity and its immutability. Unfortunately, those traits also lead to a fair amount of fraud; which is why Terbium Labs, a “dark web intelligence provider,” has teamed Read More.

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blockchain Fraud Bitcoin Technology 150

PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily.

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blockchain Security Software Tools 144

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Canadian payments network Interac has experimented with blockchain for consumer payments.

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blockchain Payments Retail Innovation 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.

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Bank Innovation

FEBRUARY 14, 2018

According to reports, high-level Fintech and Innovation-driven Financial Services Regulatory Committee panel met last week to discuss the possibility of the fund that would focus on, among other things, fraud, security, and blockchain. The committee consist of seven members, […].

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National Fintech blockchain Fraud 276

PYMNTS

NOVEMBER 8, 2016

Blockchain. In a move that helps cement B2B payments within the realm of secure transactions, PayStand, a B2B payment and billing company, has given firms the ability to notarize and also certify payments across the supply chain. Information parlayed across the blockchain can never be changed. It’s not just for banks anymore.

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Security Payments blockchain Fraud 181

PYMNTS

APRIL 9, 2020

But the greedy “sport” of stealing people’s money – in this case, through a blockchain scam – still has crooks going for the gold. They then claim to be using blockchain technology. securities laws. As part of the scam, the crooks may make reference to the Tokyo Olympics Torch Relay.

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PYMNTS

JUNE 29, 2020

CertiK , an auditing firm, wants to bring Internet of Things (IoT) devices onto blockchain through its new partnership with Hdac , CoinDesk reports. Hdac’s blockchain platform will work to combine the tight authentication, seamless mapping and machine-to-machine transactions with a network containing IoT devices.

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PYMNTS

APRIL 27, 2020

Cagney said that, for this reason, the stage may be set for an overhaul of the government’s payments status quo, quickened by innovation, and, particularly, by blockchain. That’s a nightmare waiting to happen with the amount of fraud that could occur there.”. It’s a heavy lift, but one that must be addressed sooner rather than later.

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blockchain Taxes Industry Payments 272

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. ” .

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blockchain Fintech Fraud System 181

Payments Dive

AUGUST 3, 2018

Host, Will Hernandez, discusses mobile fraud, how to combat it, and the recent trends to look out for, with Kount's VP of Marketing, Don Bush. Will also chats with Bradley Cooper, editor of Digital Signage Today and Blockchain Tech News, about the future of blockchain.

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Trends Fraud Mobile Marketing 170

PYMNTS

FEBRUARY 1, 2019

IrisGuard, an iris-recognition solutions company, and Patientory, a cybersecurity healthcare data solution firm, are collaborating to combine iris biometric technology with the healthcare focused PTOYNet blockchain network, to add another layer of security and authorization on the blockchain, and help with patient identity procedures.

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blockchain Software Technology Data 193

PYMNTS

FEBRUARY 6, 2019

That reality, of course, places a premium on the accuracy of that data, as well as efficient access to it and the secure storage of all that deeply personal information. Proper care, consumer and insurance payments flow, and fraud prevention all depend on those factors. Healthcare Friction. So have biometrics. So have biometrics.

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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.

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blockchain Data Technology Security 184

Perficient

AUGUST 1, 2022

This product represents Salesforce’s initial entry into blockchain technology. While NFTs are digital pictures/collectibles employing blockchain technology to prove ownership, there have been several scandals that put doubt in both developers’ and owners’ minds.

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blockchain Chicago Fraud Conference 294

PYMNTS

NOVEMBER 10, 2020

Phixius provides interoperability between various participants connecting to the platform, enabling better security in moving data as opposed to storing it in a central repository like the cloud. According to Throckmorton, Phixius fixes issues with the old system by using congruent regulations and leveraging blockchain technology.

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Security Fraud Customer Experience blockchain 181

PYMNTS

JULY 14, 2019

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain.

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blockchain Bitcoin Fraud social media 140

PYMNTS

MAY 8, 2019

In recent weeks, several companies have banded together to develop secure, seamless authentication tools. In other partnership news, financial services firm PayPal recently invested in blockchain security company Cambridge Blockchain. How Citi Taps Biometrics to Enhance ‘Security Perimeter’. About the Tracker.

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Security blockchain Tools Data 170

PYMNTS

MAY 22, 2019

Faced with a growing number of transactions to process in real time, payment service providers (PSPs), financial institutions (FIs) and FinTech firms also need to make sure the security of these smarter payment systems is up to par. Regulators in Ghana and Uganda are exploring changes to their remittance rules to keep payments secure.

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Fraud Payments Regulation Security 180

PYMNTS

OCTOBER 2, 2019

In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019.

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blockchain Security Bitcoin United States 145

PYMNTS

OCTOBER 31, 2018

HSBC, Standard Chartered and 10 other banks launched a new blockchain -based trade finance program in Hong Kong on Wednesday (Oct. Blockchain for finance is expected to lower the levels of fraud in letters of credit and other transactions used for trade finance, and to reduce the number of steps in the process.

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blockchain Fintech Fraud Report 187

Payments Dive

AUGUST 3, 2018

Host Will Hernandez, discusses mobile fraud, how to combat it, and the recent trends to look out for, with Kount's vice president of marketing, Don Bush. Will also chats with Bradley Cooper, editor of Digital Signage Today and Blockchain Tech News, about the future of blockchain.

Trends 150

Trends Fraud Mobile Marketing 150

PYMNTS

DECEMBER 12, 2019

The CEO of Shopin, a blockchain-powered startup, has pleaded guilty to securities fraud related to $42.5 million in an initial coin offering, according to a report by Reuters.

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PYMNTS

JULY 3, 2019

ANZ , Commonwealth Bank , IBM , Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. We have created a blockchain-based platform to digitize the bank guarantee ecosystem.

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blockchain Retail Technology Customer Experience 164

PYMNTS

JUNE 4, 2020

Shane Bigelow , CEO of Vital Chain , which uses blockchain to help individuals download and control how healthcare data is used — including COVID-19 test certification — told PYMNTS in a recent interview that digital certificates can go a long way toward reopening businesses and establishing trust. I call it an accidental fraud.

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PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. He added that it will become the first government agency run on a blockchain-based system and artificial intelligence.

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PYMNTS

JANUARY 24, 2020

Merchants have to participate in eCommerce if they want to maintain relevancy in today’s economy, but their engagement in online transactions also exposes them to new forms of fraud. And in digital fraud, phishing poses a unique threat to businesses. All this, Today in Data. All this, Today in Data.

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PYMNTS

NOVEMBER 19, 2018

The World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. Whilst we were talking to them about Invoice Check, they were asking about a lot of different use case scenarios for blockchain applications.

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PYMNTS

MARCH 22, 2019

One way to secure funding is to use invoice financing. To that end, Netherlands startup Finturi earlier this month said it had secured $2.2 USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence.

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PYMNTS

SEPTEMBER 18, 2018

A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.”. The EOS network recently took the top spot in an evaluation of blockchain networks by China’s Ministry of Industry and Information Technology (MIIT), CoinDesk reported.

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Security cryptocurrency blockchain Bitcoin 186

PYMNTS

NOVEMBER 14, 2018

To be certain of taxes, will blockchain seal the deal? Last week, Thailand’s Revenue Department was reported to be bringing blockchain projects into the fold to track tax payments, aided by machine learning. The machine learning aspect will be used in an effort to uncover fraud. Bread By Blockchain.

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Taxes blockchain Data Report 141

PYMNTS

JUNE 17, 2020

Air Force has granted blockchain firm SIMBA Chain a $1.5 million check to help create a new blockchain for supply logistics in the next two years, according to Coindesk.com. The goal of using blockchain is to hopefully cultivate a reliable source of information, documenting every data point necessary to keep track of the supply chain.

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PYMNTS

JUNE 13, 2019

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. The Drawbacks of Complex Security. Digital IDs can be protected with common protocols, such as two-factor authentication (2FA), frequent password changes and detailed security questions. More than 4.5

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PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. securities bar.”. SEC Chairman Jay Clayton spoke Monday (Jan.

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blockchain Fort Worth Bitcoin Technology 133

PYMNTS

MAY 2, 2019

Amazon Web Services (AWS) has launched its Amazon Managed Blockchain , a service that enables users to create and manage scalable blockchain networks. However, they find these frameworks difficult to install, configure and manage,” said Rahul Pathak, general manager of Amazon Managed Blockchain at AWS, in a press release.

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