Perficient

FEBRUARY 22, 2023

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. Perficient will also bring insight surrounding the banking industry’s growing use of blockchain to the Summit.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

PYMNTS

NOVEMBER 9, 2016

Blockchain may be building bridges quicker than expected. Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next year.

New York 175

New York blockchain Fraud Cards 175

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.

blockchain 150

blockchain Fraud Bitcoin Technology 150

Chris Skinner

FEBRUARY 18, 2018

Dogecoin was … The post Why bitcoin is not a ‘fraud’ or ‘bubble’, but something you should take seriously appeared first on Chris Skinner's blog. There are even some coins that were created as a joke that are getting significant investments, such as Dogecoin.

Bitcoin 393

Bitcoin Fraud cryptocurrency blockchain 393

PYMNTS

NOVEMBER 19, 2019

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. Earlier this year, the British Virgin Islands partnered with blockchain firm LIFElabs.io

blockchain 217

blockchain Puerto Rico Virgin Islands United States 217

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.

blockchain 201

blockchain Fraud Data Study 201

PYMNTS

APRIL 10, 2019

Blockchain company XinFin is rolling out an integration between its invoice factoring application InFactor and QuickBooks. Earlier this year, XinFin announced it is joining the R3 Corda marketplace, which will host several XinFin enterprise blockchain apps, including its invoice financing solution. ” .

blockchain 193

blockchain Tools Fraud Data 193

PYMNTS

OCTOBER 5, 2016

Blockchain technology has allowed businesses to eliminate unnecessary, not to mention costly, intermediaries and significantly reduce international cross-border payment processing time from weeks to a day. The blockchain solutions are intended to make the payments process more efficient and transparent for consumers.

blockchain 199

blockchain Payments Technology Bitcoin 199

PYMNTS

NOVEMBER 10, 2020

But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted. Crypto has been held up by critics as a conduit to fraud and money laundering. The Difference A Decade Makes .

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

Perficient

FEBRUARY 27, 2025

This will require being more inquisitive and innovative compared to previous years, as the adoption of AI and cloud technologies continues to expand. To stay ahead, banks should adopt compliance technologies that automate regulatory reporting and help them stay agile in a rapidly changing landscape.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

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 162

blockchain Los Angeles Fraud Industry 162

PYMNTS

JULY 1, 2019

Blockchain has caught the attention of several FIs, especially for B2B and cross-border payments, even if there’s not yet consensus on how to best deploy it in real-world situations. Canadian payments network Interac has experimented with blockchain for consumer payments. We are now in the trough of disillusionment.”.

blockchain 211

blockchain Payments Retail Innovation 211

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.

blockchain 193

blockchain Software Technology Data 193

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.

blockchain 272

blockchain Taxes Industry Payments 272

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

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

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. The Chinese Olympic Committee announced that it has received numerous warnings about illegal marketing related to the planned 2021 Tokyo Olympics.

blockchain 166

blockchain Groups Fraud cryptocurrency 166

Perficient

AUGUST 1, 2022

This product represents Salesforce’s initial entry into blockchain technology. Adam Caplan, Salesforce’s Senior Vice President of emerging technology, explained said that the software targets brands who want to drive engagement and provide their customers with special event access via NFTs rather than sell works of art.

blockchain 294

blockchain Chicago Fraud Conference 294

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.

blockchain 164

blockchain Retail Technology Customer Experience 164

PYMNTS

OCTOBER 19, 2018

Even the mightiest of tech firms are not immune to invoice fraud. Engadget reported that Jeff Tran, Microsoft ’s former director of sports marketing and alliances, was charged with five counts of wire fraud. Wire fraud has a sentence of up to 20 years’ imprisonment. Fraud On The Rise. Payments Fraud No Cakewalk.

Fraud 152

Fraud blockchain Cards Payments 152

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

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.

blockchain 140

blockchain Bitcoin Fraud social media 140

PYMNTS

FEBRUARY 6, 2019

Proper care, consumer and insurance payments flow, and fraud prevention all depend on those factors. That leads us to the latest discussion about the potential role that blockchain can play in healthcare data. Then, regulators can see tangible use cases” that prove the appeal of blockchain in the healthcare space.

blockchain 194

blockchain Data Security System 194

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. For lenders, it seeks to reduce the perennial risks associated with invoice fraud or multiple invoicing.

blockchain 153

blockchain Fintech Fraud Community 153

PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. The technology could also be used to verify that any returned drives have undergone a “certified erase” process to remove any user data.

blockchain 148

blockchain Fraud Data Report 148

PYMNTS

MARCH 11, 2019

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

blockchain 160

blockchain Regulation Community Bank Regional 160

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.

blockchain 187

blockchain Fintech Fraud Report 187

Chris Skinner

APRIL 19, 2017

It is blockchain like, but more scalable and robust by using a network structure rather than a chain. The Tangle is a new kind of decentralized Distributed Ledger Technology (DLT) for settlements and data transmission. This is the problems that technologies such as Tangle and Blockchain resolve.

blockchain 243

blockchain Bitcoin Resources Technology 243

Insights on Business

DECEMBER 7, 2017

In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. In finance, AI is helping detect and fight fraud before it can be detected by humans. Blockchain. Human Digital Interfaces.

Trends 145

Trends Technology Fintech blockchain 145

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.

Taxes 141

Taxes blockchain Data Report 141

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.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

NOVEMBER 13, 2018

startup in the blockchain field called Axoni , Cryptovest reported. The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language called AxLang. (It It also plans to enhance its technology for data synchronization.)

blockchain 169

blockchain Bitcoin Software Industry 169

PYMNTS

DECEMBER 11, 2018

BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. In a Request for Information (RFI), the CFTC wants details about the technology, opportunities, risks, mechanics, uses, and markets, related ethereum.

Bitcoin 173

Bitcoin blockchain cryptocurrency Fraud 173

PYMNTS

MARCH 22, 2019

USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. Blockchain applications like smart contracts can help transactions to be completed faster and more efficiently. Initially we plan to operate in the Netherlands.

blockchain 162

blockchain social media Lending Security 162

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. government isn’t the only jurisdiction going hot and cold on blockchain.

blockchain 133

blockchain Fort Worth Bitcoin Technology 133

PYMNTS

FEBRUARY 11, 2020

. “Traditionally, financiers had to take various methods to try and mitigate fraud,” Tarone noted. From invoice fraud to cyberattacks, the threats hampering trust in cross-border trade continue to grow. Technology’s New Approach To Trust. But blockchain goes further, said Tarone. ”

Technology 132

Technology blockchain Fraud Resources 132