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. Flanigan added that Ford believes the technology could make the buying process easier in the future.

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PYMNTS

DECEMBER 19, 2017

Cryptocurrency holding company Integrated Ventures wants to disrupt the lending industry with blockchain. 18) of the launch of CryptoFunder, a blockchain platform that provides lenders with a way to store and manage lending information. Other companies have explored blockchain for the corporate lending space too.

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PYMNTS

DECEMBER 10, 2019

New technologies usually have a gee-whiz moment, maybe even a long gee-whiz period — where the sky is the limit, and anything can happen. Blockchain technology — its genesis as a decentralized ledger, publicly visible but anonymous and once synonymous (but not limited) to cryptos — has fared better. A Case Of Blockchain Fatigue.

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Bank Innovation

APRIL 26, 2018

BBVA bank announced today that it has closed a $90 million corporate loan deal with their technology partner, Indra, via blockchain technology. BBVA used its own internal blockchain system, which is built on the IBM-backed […].

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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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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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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

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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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. While blockchain doubters have become increasingly vocal in recent months, its believers — including in the B2B payments sphere — remain.

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Bank Innovation

APRIL 19, 2017

Blockchain, robos, lending, investment and more — checkout the roundup of the fintech startups from TechDay NYC below. Qplum The startup, launched […].

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PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. In a statement, Co-founder of Cred and Universal Protocol Dan Schatt said the technology can be particularly applicable to the corporate finance fields. In a press release on Tuesday (Dec.

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Bank Innovation

JUNE 13, 2016

Yet we are also seeing high Customer… Read more How blockchain technology could integrate financial & physical supply chains and revolutionize small business finance. Yet despite years of effort by many smart ventures, there has not yet been a breakthrough to mass scale.

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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.

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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.

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PYMNTS

MARCH 13, 2019

The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. The posting said the organization was looking for someone to “design a blockchain-based proof of concept for news publishers.”.

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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. Many companies, he told PYMNTS, rely on private lending. Blockchain applications like smart contracts can help transactions to be completed faster and more efficiently.

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Chris Skinner

FEBRUARY 24, 2017

It is no longer this big bucket of finance and technology. There is RegTech for Regulatory Technologies; WealthTech for Wealth Management Technologies; InsurTech for Insurance Technologies; and so on. RegTech Regulatory Technologies, or RegTech for short, is fairly obvious as to what it is.

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Bank Innovation

MAY 25, 2018

From machine-learning-based underwriting to blockchain-based identity solutions, new technology is transforming the business of borrowing money. New companies in the credit-scoring space are using AI and […].

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blockchain Mobile Data Regulation 199

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.

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PYMNTS

DECEMBER 29, 2016

Blockchain technology is slowly slinking through the aisles of retail business. Walmart is using it for tracking product and pork , and analysts are placing side bets on Overstock using the technology. Need more PYMNTS’ Blockchain Tracker Stories? Need more PYMNTS’ Blockchain Tracker Stories? Click here for more.

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PYMNTS

JULY 5, 2017

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing , has launched its platform. Every invoice is assigned a unique fingerprint, the firm said, by tokenizing each bill and linking them onto the blockchain. The sale will last six weeks, it said.

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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 6, 2020

Chinese firm OneConnect , a blockchain-based small business (SMB) lending platform owned by insurance giant Ping An, has launched a new portal to facilitate SMB lending in the Guangdong province, the company announced on Monday (Jan.

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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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PYMNTS

FEBRUARY 28, 2019

We and our research team at the Fidelity Center for Applied Technology have received the #LNTorch from @Wiz. According to Bloomberg , Cagney’s new company, Figure , uses blockchain technology to supply home equity lending online in as little as five days. Who should we pass it to?” tweeted Fidelity Digital Assets.

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Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

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Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

FEBRUARY 27, 2019

Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them. Challenges like these are a breeding ground for technological innovation, and Sassoon pointed to Industry 4.0

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Bank Innovation

MAY 3, 2018

But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […]. Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday.

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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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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. Sweden and Thailand , according to recent PYMNTS reports.

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PYMNTS

APRIL 2, 2018

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018. According to Glover, that means banks in the U.S.

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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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Perficient

JANUARY 16, 2023

This can include offering lending services or creating embedded bank accounts for other businesses or consumers. Embedded Finance and Blockchain . You may be wondering if embedded finance conflicts with distributed ledger technologies such as blockchain. Conclusion .

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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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PYMNTS

MAY 5, 2017

The world of blockchain technology has certainly seen some major changes over the course of the past decade. Although there were early inklings of the technology dating back to 1991, it wasn’t until 2008 when Satoshi Nakamoto implemented it as the base component of bitcoin currency that it really took off.

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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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