PYMNTS

DECEMBER 23, 2020

Plus, Contour completes blockchain trade finance transaction, Liberis raises funding for SME financing, Pakistan eyes digitizing supply chains, and Ripple faces SEC charges. Contour Completes Blockchain Transaction Between Two Cos. SEC Files Lawsuit Against Ripple Over Unregistered Securities. pandemic aid package.

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PYMNTS

JANUARY 20, 2021

The Mobility Open Blockchain Initiative ( MOBI )'s Vehicle Identity (VID) II Working Group unveiled the second part of a vehicle identity standard that uses blockchain technology, according to an announcement. Maintenance traceability and vehicle registration are two focuses for the working group. "A In 2019, J.P.

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PYMNTS

DECEMBER 10, 2019

Blockchain technology — its genesis as a decentralized ledger, publicly visible but anonymous and once synonymous (but not limited) to cryptos — has fared better. In other cases, blockchain has helped companies create efficiencies by shaving time off operations and saving on costs. A Case Of Blockchain Fatigue. trillion, $6.3

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blockchain Lending Technology Data 135

PYMNTS

JULY 29, 2020

The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The project was started in March 2020 and tested lending transactions in the new platform.

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Bitcoin Lending blockchain System 141

PYMNTS

MARCH 31, 2020

GrainChain is one of several FinTech firms wielding blockchain to streamline financial transactions in the B2B space, using smart contracts to streamline both B2B payments and trade finance, as well as promote transparency and trust across all parties involved. . Mitigating Risk With Blockchain. Looping In The Banks. ”

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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

NOVEMBER 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

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blockchain Payments System Survey 187

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

JULY 29, 2020

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Several other countries are considering CDBCs, including the U.K.

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PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports. CreditEnable. TripActions.

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Bank Innovation

MAY 2, 2016

The financial industry has long discussed the benefits of adopting blockchain – or distributed ledgers – in its operations. Storing records in the cloud are still a major concern, as FIs try to figure out how to tap into the technology, but IBM’s announcement last week is said to remove those Read More.

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Bank Innovation

OCTOBER 24, 2017

EXCLUSIVE— If financial institutions are going to begin fully utilizing blockchain or distributed ledger technology, they’re going to have to pay much more attention to the use case at hand rather than the underlying technology, R3 said.

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PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

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PYMNTS

FEBRUARY 28, 2019

In Wednesday’s tweets, Cryptopia said it is “securing each wallet individually” for trading resumes. According to Bloomberg , Cagney’s new company, Figure , uses blockchain technology to supply home equity lending online in as little as five days.

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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., billion.

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PYMNTS

SEPTEMBER 30, 2020

Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 The individual was charged with different contraventions of securities laws in a U.S. SALT Blockchain is the firm behind SALT Lending , a loan offering supported by digital currency.

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PYMNTS

DECEMBER 29, 2016

Blockchain technology is slowly slinking through the aisles of retail business. Blockchain saw much wider overall acceptance in 2016, especially since Bloq’s announcement that they were working with Visa,” said Bill Shihara, CEO of Bittrex , Next Generation Cryptocurrency Exchange. Need more PYMNTS’ Blockchain Tracker Stories?

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PYMNTS

OCTOBER 7, 2020

LINE’s digital exchange operator and blockchain division LVC is rolling out a way for users to loan out digital assets to BITMAX, such as ethereum and bitcoin, CoinDesk reported. The firm will allow users to earn as much as 10 percent per annum of the lending service’s charge over a timeframe that spans a couple of weeks in October.

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PYMNTS

DECEMBER 2, 2019

The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. 29, requesting tech companies who can build a “proof of concept” shared KYC system that would allow commercial banks and the central government to share and update customer data on a blockchain.

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Perficient

FEBRUARY 27, 2025

The rise of digital banking, cryptocurrency, blockchain, and AI adoption across banking operations will prompt regulatory bodies to implement clearer frameworks and guidelines to ensure stability and consumer protection. Ensure these APIs are secure, reliable, and easy to use.

Banking Trends 221

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PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

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Bank Innovation

JANUARY 28, 2019

Coming off a year of high growth, enterprise blockchain startup Symbiont on Wednesday closed a $20 million Series B funding round led by Nasdaq Ventures, with participation from new investors including Galaxy Digital, Citi Ventures, and Raptor Group.

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PYMNTS

MARCH 13, 2019

The product utilizes blockchain analytics and forensics to search for “suspicious” addresses and wallets, as well as profile crypto exchanges, ATMs, coin mixers, money laundering systems and criminal addresses to determine the risk level. In other news, Overstock ‘s blockchain subsidiary, Medici Ventures , has acquired a 5.1

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PYMNTS

MAY 8, 2020

But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding. Hub Security. Cybersecurity startup Hub Security, which targets FinTech, cloud storage and blockchain companies, has raised $5 million in Series A funding from AXA Ventures.

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PYMNTS

JULY 24, 2019

Union Bank of the Philippines is experimenting with blockchain for remittances, as its chairman believes that the technology can boost financial services in rural areas. Ortiz also told Bloomberg that the bank recently piloted a blockchain-based remittance between Singapore and the Philippines with Oversea-Chinese Banking Corp.

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PYMNTS

JUNE 8, 2018

While the alternative lending hype has dulled a bit, it’s been replaced by a far greater hype-machine: blockchain. This week’s venture capital (VC) investment tracker finds that both blockchain and alternative finance are leading markets.

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Bank Innovation

SEPTEMBER 7, 2016

The afternoon session brought on the blockchain. The morning session at BBVA Open Talent Challenge was all about artificial intelligence. 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 challenge was part Read More.

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blockchain Fintech social media Operations 150

PYMNTS

JULY 29, 2020

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Several other countries are considering CDBCs, including the U.K.

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cryptocurrency Bitcoin Data Security 145

PYMNTS

APRIL 30, 2020

Telegram delayed its TON blockchain rollout, which moves its date to go live to next year and sparks an expensive clawback measure, CoinDesk reported. Securities and Exchange Commission (SEC) suit. Telegram also reportedly offered an option for investors to lend their investment to the app up to this time in 2021.

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PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. 3) that it secured $250 million in equity funding from a subsidiary of SoftBank Group.

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PYMNTS

OCTOBER 23, 2018

SBI President and CEO Yoshitaka Kitao said in the announcement that signatures based on MPC “offered our desired level of security, performance and scalability needed to manage transactions for our growing SBI Virtual Currencies customer base.”. With the company’s Earn product, consumers will be able to get interest on stablecoin holdings.

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PYMNTS

OCTOBER 10, 2018

After his departure from SoFi, Cagney moved quickly on to his next venture: Figure Technologies Inc , a new online lending venture built around using the blockchain to offer cheaper, faster and more efficient digital loans products. Securities and Exchange Commission, is an adviser to Figure.

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blockchain Online Capital Lending 124

PYMNTS

FEBRUARY 22, 2019

Hong Kong-based Lalamove has secured $300 million in Series D funding, reports noted this week, as the on-demand logistics company aims to expand across Asia. Freight forwarding technology firm Flexport has secured $1 billion in new funding, led by SoftBank’s Visino Fund, reports in CNBC said Thursday. ZipLoan secured $12.5

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PYMNTS

APRIL 13, 2018

Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance. Blockchain. Blockchain Capital. Blockchain Capital. TravelPerk.

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Lending blockchain Capital Software 129

PYMNTS

SEPTEMBER 3, 2019

.” Starling has not offered additional details on any launch date, but said in its filing that it will also plan to connect with third-party lenders to introduce new loan products to its customers as the bank works on developing proprietary lending solutions.

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PYMNTS

OCTOBER 17, 2017

Blockchain startup Digital Asse t has brought in another $40 million in funding, bringing its total amount raised to $100 million. Founded in 2014, New York-based Digital Asset has been funded by some of the world’s largest banks, making it one of the most high-profile startups in the blockchain industry.

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PYMNTS

OCTOBER 30, 2018

The tool uses AI to analyze businesses’ outstanding invoices so as to determine borrowing needs, as well as blockchain to authenticate the invoices and secure loan application data. Earlier this month, Alipay said hackers had managed to steal money from some of its user accounts via stolen Apple ID credentials.

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