Bank Innovation

MARCH 29, 2018

Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More.

San Francisco 305

San Francisco blockchain Video Innovation 305

PYMNTS

JANUARY 3, 2017

Whether you believe the hype or not, blockchain technology is attracting massive investments, exploration and competition across the globe. PYMNTS examines the data surrounding the latest developments of blockchain, already off to a speedy start in 2017. 659 billion worth of goods and services trade between the U.S.

blockchain 248

blockchain CA Case Study Tools 248

Perficient

MARCH 17, 2023

Blockchain Is A Permanent Record In the last series of articles published by members of Perficient’s Digital Assets Team, we wrote about the improved visibility of blockchain-based supply chains assisting all supply chain transaction partners to share data through permission-based Blockchain solutions.

blockchain 275

blockchain Management Data Security 275

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.

blockchain 247

blockchain Fintech California System 247

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base.

blockchain 264

blockchain Payments Survey Technology 264

Bank Innovation

MAY 19, 2017

In fact, decentralization may be beneficial for banks, depending on “what do you mean by decentralization,” said Jared Harwayne-Gidansky, North American lead of the emerging business and technology group for BNY Mellon. Decentralization where you are innovating […].

blockchain 363

blockchain Groups Innovation Technology 363

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

DECEMBER 14, 2018

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report. Although the bank has completed blockchain loans before, it’s never done it with a non-Spanish customer, until now.

blockchain 193

blockchain Lending Operations National 193

Bank Innovation

SEPTEMBER 26, 2017

EXCLUSIVE – Twelve major banks joined blockchain consortium firm R3 and trade finance technology provider TradeIX on Tuesday in an initiative to develop an open account trade finance business network. These tools […].

blockchain 257

blockchain Tools Technology Operations 257

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. The technology has come a long way. In addition, Kroeker highlighted HSBC’s focus on documentary credit as a key area that can be improved using technologies like blockchain.

blockchain 198

blockchain Technology Tools Regulation 198

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.

blockchain 216

blockchain Technology Payments Company 216

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

OCTOBER 10, 2018

Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk , the patent describes how a firm may need to store different types of transaction data on the same platform, which is difficult to do on a single blockchain.

blockchain 197

blockchain Data Taxes Resources 197

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

DECEMBER 10, 2019

Tencent’s WeBank , which is a digital bank in China that provides loans to individuals and small businesses, will be the technical infrastructure provider for China’s national blockchain network, according to a report by Coindesk. Following that, it expanded into blockchain services.

blockchain 148

blockchain Technology Bitcoin National 148

PYMNTS

MARCH 28, 2019

Along any avenue of technology, there is hope … and there is hype … and then there is reality. Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. As noted by Tim Sloan, chief executive officer of Wells Fargo, “ blockchain has been way oversold.”

blockchain 187

blockchain San Francisco Bitcoin America 187

PYMNTS

NOVEMBER 9, 2018

Overstock may be best known as an eCommerce business, but these days its CEO and Founder Patrick Byrne is much more interested in talking about the power of cryptocurrency and blockchain, and how it will be the real future of both the firm and the economy in general. Suffice to say, Byrne remains one of blockchain’s bigger boosters.

blockchain 192

blockchain cryptocurrency Retail Security 192

PYMNTS

NOVEMBER 25, 2019

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto reported on Friday (Nov. The pilot program to test the solution was successful, Christine Moy, JPMorgan’s blockchain lead, told the news outlet.

blockchain 192

blockchain System Lending Technology 192

PYMNTS

JANUARY 26, 2021

The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.

blockchain 355

blockchain Data Fintech Technology 355

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.

blockchain 187

blockchain Payments System Survey 187

PYMNTS

MARCH 6, 2019

Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. For instance, the ability to transfer data and various assets can help firms keep track of, and improve, operations. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior.

blockchain 189

blockchain Management Data User Experience 189

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

JANUARY 18, 2019

“The most advanced technology is [electronic data interchange (EDI)].” The technology first emerged in the 1970s. 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.

blockchain 197

blockchain Tools Technology Data 197

PYMNTS

SEPTEMBER 27, 2018

Add to that Walmart ’s latest effort to gain more grocery market share: using blockchain technology to trace the origin of the food sold by the retailer back to the farms from which it came. The Walmart interview and blockchain initiative come amid increasing roles for the technology in payments and commerce.

blockchain 195

blockchain Retail System Branding 195

PYMNTS

JULY 31, 2019

Russia’s S7 Airlines revealed that its blockchain platform, developed in partnership with Alfa-Bank, sold $1 million in tickets in July. Thanks to this new technology, now it’s easier for our agents to work directly with the airline, which allowed us to expand our own S7 Airlines sales network.

blockchain 177

blockchain System US Operations 177

PYMNTS

DECEMBER 5, 2018

Banking in blockchain – with real-time payments as a kicker? CoinDesk reported this week that Signature Bank , which is based in New York, is debuting a digital payments platform that is built on blockchain – and geared toward real-time transactions. “Having said all that, it’s a very valuable technology.

blockchain 185

blockchain New York Training Conference 185

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.

blockchain 182

blockchain cryptocurrency Marketing Technology 182

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

AUGUST 18, 2020

The joint effort began in July with data integration from the Gemport and Gebze terminals to the technology, which is based on blockchain. TradeLens is a digital shipping technology fueled by blockchain infrastructure made by IBM and A.P. Moller – Maersk together.

blockchain 142

blockchain Operations Bitcoin cryptocurrency 142

PYMNTS

JANUARY 10, 2019

The new year has dawned with a number of cross-border payment pacts, done across blockchain and other means. In Pakistan, as reported by Coindesk, Telenor Microfinance Bank and remittance firm Valyou Sdn Bhd (a Telenor subsidiary) have launched a payment platform based on Alipay’s blockchain offerings.

blockchain 193

blockchain Payments Software Operations 193

PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

Technology 166

Technology blockchain social media New Mexico 166

Bank Innovation

MAY 29, 2017

It’s hard to keep up with the pace of technological progress in financial institutions these days– so many customers simply don’t. Despite all the efforts from major FIs, banking customers globally say they have never heard of technologies like blockchain, robo advisors, and even digital wallets.

blockchain 287

blockchain Technology Operations 287

Bank Innovation

JULY 2, 2018

It’s no secret distributed ledger technologies (DLT) have been front-of-mind for financial institutions examining solutions to existing problems in institutional and retail banking. While blockchain technology is still a greenhorn in the wilderness of capital markets, the underlying concept should be heralded as a catalyst for innovation.

Technology 170

Technology blockchain Innovation Capital 170

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.

blockchain 164

blockchain San Francisco United States Industry 164

Bank Innovation

MAY 3, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan. I hope that doesn’t give you […].

Meeting 282

Meeting blockchain Fintech Financial Technology 282

PYMNTS

APRIL 21, 2019

JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. It’s that gap — the 5 to 20 per cent of payments — that have to be assessed by operations where we’re trying to alleviate some of that pain,” he said.

blockchain 197

blockchain Payments Fintech Compliance 197

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.

blockchain 161

blockchain Software Bitcoin Data 161