PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. However, earlier this week, we reported on a virtual insurance agent company partnering up with Facebook to offer quote comparison shopping via the social media giant’s Messenger chatbot. SR: Impact is slow but expansive.

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MAY 8, 2019

Facebook is shoring up its secretive blockchain team with hires from PayPal, according to a report by Bloomberg , and the company might be planning to release its own type of cryptocurrency, which could be announced as soon as the next quarter. The hiring is being driven by David Marcus, former PayPal leader.

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MAY 10, 2017

But Taqanu and its founder have a novel idea on that identify issue — which is simply to point out that these refugees have smartphones, regular access to the internet and leave a long list of digital clues in markets that make it quite broadly possible to create an identity profile for them. The Power of the Blockchain.

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PYMNTS

SEPTEMBER 24, 2019

In the ongoing move to embrace blockchain, Facebook may have its allies. As reported, the social media giant has some support from IBM. IBM has said it is “willing” to work with Facebook on blockchain, as noted by an IBM executive. Separately, other tech giants are getting into the blockchain fray. Cisco, Too.

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PYMNTS

DECEMBER 17, 2019

Russia-based diamond producer ALROSA is partnering with technology firm Everledger and Tencent’s social platform WeChat to sell diamonds to Chinese retailers using a blockchain platform, ALROSA announced in a press release on Tuesday (Dec. The Mini Program will help set brands apart in China’s luxury market. “We

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JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said.

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Insights on Business

FEBRUARY 10, 2019

Blockchain is one of the hottest movements in the financial services industry, but people continue to question where it exists on the hype cycle at every major conference I attend. Also, stop by booth 535 to see live demos and speak with blockchain experts. Digitizing the Flow of Goods, Information and Money with Blockchain.

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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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PYMNTS

JUNE 20, 2019

Facebook’s Libra cryptocurrency and Calibra digital wallet won’t be available in certain markets. The social media giant shared its plans for both projects, which aim to transform financial services worldwide by empowering the more than 1.7 billion people around the world who currently do not have a bank account.

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PYMNTS

SEPTEMBER 11, 2019

The Libra Association is petitioning the Swiss Financial Market Supervisory Authority ( FINMA ) for a Swiss payment system license for its planned Libra cryptocurrency, Reuters reported on Wednesday (Sept. The social media giant wants to move forward and launch Libra in June despite global questioning and hesitation.

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PYMNTS

JULY 3, 2019

The FCA explained that the products are a risk to consumers because cryptos’ value and risks cannot be reliably assessed due to extreme volatility, market abuse and financial crime, among other reasons. million a year. million a year. “As

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Bussman Advisory

NOVEMBER 26, 2022

Will the metaverse’s impact on digital marketing be equivalent to social media? Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? More information on www.bussmannadvisory.com.

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SEPTEMBER 11, 2019

Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) have announced that they are teaming up to build a blockchain-based renewables platform. Tom Grundy, founder of crowdfuded media outlet Hong Kong Free Press (HKFP), complained on social media Wednesday (Sept.

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PYMNTS

APRIL 14, 2019

Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. The life insurance market in France makes up 40 percent of financial assets among local households. We are determined to continue transforming our economy.”.

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PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. “Across our business, we strive to facilitate greater financial inclusion in emerging markets, and identity is a central component,” said EmTech’s Chief Commercial Officer Mitch Davis.

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PYMNTS

AUGUST 20, 2019

The social media giant’s plan has brought out a multitude of regulators, lawmakers and leaders around the globe who are concerned that the cryptocurrency won’t be regulated closely enough and could potentially upend the global financial market. Facebook has said it will release Libra sometime in 2020. lawmakers, led by Rep.

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PYMNTS

MAY 23, 2019

We have learned valuable lessons about our customers and the crypto market, and on how to design blockchain and crypto applications,” they said. In other news, Thailand‘s oldest bank, Siam Commercial Bank (SCB), will be experimenting with blockchain technology, powered by Ripple.

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PYMNTS

JULY 1, 2019

Haiti has seen a blockchain boom. Another initiative, the Blockchain Cotton Project (BCP), is set to help the country produce millions of pounds in cotton. Plastic Bank has partnered with IBM to launch a recycling initiative via blockchain. Plastic Bank has partnered with IBM to launch a recycling initiative via blockchain.

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Bank Innovation

SEPTEMBER 27, 2017

Talk has shifted from last year’s discussions on blockchain and chatbots to artificial intelligence and cloud-based cores. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Many […].

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PYMNTS

SEPTEMBER 27, 2019

Crypto startup RSK will buy Spanish social media network Taringa in a bid to expand and to gain access to the platform’s 20 million users, according to a report by Forbes. The RIF token, which was introduced in November of last year, has a market cap of $46 million. That’s exactly why we chose this social network.”.

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PYMNTS

MARCH 31, 2017

Rather than the traditional centralized route of going to countless investor meetings to raise funds and fill out the red tape paperwork, business ideas are spread in a decentralized manner through social media and crowdsourcing fundraiser sites like GoFundMe. Blockchain Technology and The Sharing Economy. Decentralized.

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PYMNTS

JULY 23, 2019

The Swiss Federal Data Protection and Information Commissioner (FDPIC) said it still hasn’t heard from Facebook regarding its supposed oversight of Libra, the social media giant’s proposed cryptocurrency. . Libra has already faced stiff scrutiny from regulators and policymakers all over the world.

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Payments Source

OCTOBER 1, 2018

Two watch sellers are diving into a pilot that will test whether social media and blockchain can power alternatives to Amazon and eBay for e-commerce sales, shopping, payments, risk management and marketing.

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PYMNTS

JUNE 24, 2019

As you know, we’ve been looking at blockchain for quite a while, understanding the technology standards, doing pilots with banks and filing a number of patents. That nervousness is not entirely misplaced, Lambert noted, because cryptocurrencies and blockchain technology are innovative and extremely new.

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PYMNTS

MARCH 14, 2019

In surprise announcements, two senior Facebook executives said they are leaving the company just days after CEO Mark Zuckerberg said he was shifting the direction of the social media giant, according to a report in The Wall Street Journal. The company’s chief marketing officer, Antonio Lucio, will report to COO Sheryl Sandberg.

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PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). The fake communications reportedly feature Facebook’s logo, branding, photos of Mark Zuckerberg or Libra’s official marketing imagery.

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PYMNTS

JULY 13, 2020

” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. Celebrities including Floyd Mayweather and DJ Khaled backed the project on social media. They falsely claimed to have a Harvard-educated CEO backing them. And, the U.S.

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PYMNTS

APRIL 27, 2020

It found that 64 percent of consumers across 27 surveyed markets noted that they were using FinTech services. One study recently determined that the number of digital banking users is expected to exceed 3.6 This type of strategy also allows FIs to implement digital technologies at more measured paces.

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PYMNTS

JUNE 5, 2017

Last week we saw hackers prove there’s no such thing as vacation when there’s consumer data to steal, Wells Fargo continued its great rebuilding with a round of executive reorganization and Canadians said “no thank you” to the blockchain — but very politely, as is their custom. Canada Takes a Pass on the Blockchain. Here’s the rundown.

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PYMNTS

AUGUST 22, 2019

In June , Byrne was ready to welcome Facebook’s entry into the cryptocurrency market. At the Fortune Brainstorm Finance conference in Montauk, New York, he said the social media giant’s launch of its own digital currency validates the space, and that Overstock would be open to partnering with Facebook on the project.

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PYMNTS

JANUARY 1, 2021

“This will allow us to build, scale and offer customized financial and crypto products for the local Indian markets,” said Unicas Chief Executive Dinesh Kukreja said in a prepared statement. AMBCrypto reported Wednesday (Dec.

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PYMNTS

MAY 26, 2020

Tencent Executive Vice President Dowson Tong said in an interview with state media that the company also wants to put money into experimenting with blockchain, servers, big data centers, supercomputer centers, Internet of Things (IoT) operating systems, 5G networks and quantum computing.

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PYMNTS

DECEMBER 12, 2019

Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. 11) with defrauding investors in an initial coin offering (ICO) that raised more than $42 million from hundreds of investors.

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PYMNTS

MAY 30, 2018

The Securities and Exchange Commission (SEC) announced on Tuesday (May 29) that it has obtained a court order to stop a fraudulent initial coin offering (ICO) allegedly run by Titanium Blockchain Infrastructure Services Inc. which has raised as much as $21 million from investors in and outside the U.S.

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PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. According to news from CNBC , the new app was created with a group of 61 banks in Japan.

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PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin. Dollars Done Digitally.

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JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. This is an especially popular authentication method in China, where the facial recognition market is expected to reach $9.6

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