PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.

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Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JANUARY 21, 2021

HashCash Consultants , which works in blockchain, is working with an unnamed U.S.-based based bank to help them finance their corporate trade owing to a sophisticated blockchain platform for B2B payments, a press release says.

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PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. RTP Expands Across FI Base. Financial institutions (FIs) in the U.S.

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PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

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Perficient

FEBRUARY 27, 2025

Digital transformation will remain a powerful force, with advancements in AI and machine learning enabling unparalleled operational efficiencies and hyper-personalized customer experiences. In 2025, AI will play a pivotal role in customer service, fraud detection, risk management, and personalized financial advice.

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Banking Trends Trends Digital Banking Customer Experience 221

PYMNTS

MARCH 1, 2018

Banking and financial services firm HSBC says its blockchain-based trade finance solution is ready to launch — in pilot phase, at least. In addition, Kroeker highlighted HSBC’s focus on documentary credit as a key area that can be improved using technologies like blockchain. According to Wednesday (Feb.

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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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Bank Innovation

DECEMBER 18, 2017

Citi is now using distributed ledger technology to manage collateral and send cash and securities in a single click, Citi announced last week.

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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.”.

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blockchain Payments Retail Innovation 211

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.

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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.

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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.

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PYMNTS

JANUARY 18, 2019

Yet, half a century later, even some of the largest multinational conglomerates are only beginning to implement EDI into their procurement and B2B commerce operations. Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain. The technology first emerged in the 1970s.

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PYMNTS

SEPTEMBER 15, 2019

Deutsche Bank , Germany’s largest bank, is joining the 320 banks in the JPMorgan Chase -led blockchain initiative, the Financial Times reported Sunday (Sept. More than 65 banks are live on the JPMorgan blockchain, and 255 are in the process of joining. IIN said it wants to sign up 400 banks before the year is over.

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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.

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blockchain Security Payments Operations 187

Chris Skinner

MARCH 7, 2017

DLT, including blockchain technology, draws upon both well-established and newer technologies to operate a set of synchronised ledgers managed by one or more entities. DLT could reduce the traditional reliance on a central ledger managed by a trusted entity for holding and transferring funds and other financial assets.

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PYMNTS

MAY 20, 2020

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

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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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blockchain Seattle Strategy Innovation 199

PYMNTS

NOVEMBER 7, 2018

Beyond bitcoin and moving toward supply chains, blockchain is finding more adoption for cross-border logistics and document management. . That consortium would in turn create the Global Shipping Business Network, billed as a digital platform based on blockchain. Blockchain in Healthcare.

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PYMNTS

NOVEMBER 15, 2019

Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. This new dynamic and interactive blockchain technology platform is creating complete transparency between Walmart Canada and all of our carrier partners,” he continued.

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PYMNTS

JANUARY 26, 2021

HashCash Brings Blockchain Tech To Unnamed Bank. Although blockchain technology company HashCash Consultants did not name the FI, the company revealed it is collaborating with a bank in the U.S. to bring its blockchain-powered corporate trade financing technology into the entity.

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blockchain Data Fintech Technology 355

PYMNTS

JUNE 9, 2017

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact.

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blockchain Study Technology Data 171

PYMNTS

OCTOBER 3, 2018

Blockchain trade finance consortium we.trade has grown with the addition of three new bank members, reports in CryptoNinjas said Tuesday (Oct. The three were part of the former Batavia consortium, another group formed to explore blockchain in trade finance and management. ” . ”

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PYMNTS

OCTOBER 1, 2018

In the age of blockchain, all manner of physical assets are making the leap to bits and bytes. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. percent pure.

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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.

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blockchain System Payments Innovation 193

PYMNTS

JUNE 19, 2019

Libra may have dominated the news so far this week — and, of course, the new cryptocurrency announced by Facebook is underpinned by blockchain. To that end, the MediLedger project debuted a new pilot program this week, billed as a cross-industry initiative that eyes using blockchain for drug supply chains.

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blockchain San Francisco United States Industry 164

Abrigo

MARCH 18, 2025

However, retail and wholesale payment systems are operated by public and private sector entities, which are responsible for communicating information about individual payment transactions and settling transactions. Federal Reserve Manages ACH, FedNow, and interbank payments. Payment system vs. payment platform: What's the difference?

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System Payments Fraud Regulation 195

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.

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blockchain Meeting Operations Financial Technology 151

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.

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blockchain Bitcoin Fraud Report 206

PYMNTS

SEPTEMBER 26, 2019

Though the manic blockchain hype of 2018 has died down somewhat, FinTechs, banks and corporates continue to collaborate and innovate as they develop distributed ledger technology solutions for a range of use cases, including faster cross-border transactions.

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blockchain Innovation Technology Tools 152

PYMNTS

SEPTEMBER 26, 2018

Ether, for instance, seems to have dropped in value, just as many organizations that had previously raised funds in Ether via ICO “cash out” so as to finance their operations and pay for expenses, Bloomberg said. “Everything is open source, meaning that any feature in a public blockchain can be copied.”

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PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Blockchain for Trading . Trading protocols that operate across the blockchain, he said, are non-custodial, which means “sovereignty over your assets.

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PYMNTS

NOVEMBER 28, 2018

Fortune reports that “in the first offering of its kind” blockchain tokens are being used to buy a piece of real estate. It’s been well noted in this space that blockchain advocates state the immutable distributed ledger system allows for efficient and relatively cheaper transfers of assets and information.

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PYMNTS

MARCH 22, 2019

Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. Initially we plan to operate in the Netherlands.

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PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain.

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PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. bank to use RippleNet’s blockchain network to move money across borders. PNC was reportedly the first U.S.

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