Chris Skinner

MARCH 7, 2017

Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. 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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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.

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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.

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PYMNTS

APRIL 18, 2019

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

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PYMNTS

MAY 22, 2020

It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.

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Bank Innovation

AUGUST 23, 2017

billion, is China’s largest private investment conglomerate, has confirmed that it has invested “tens of millions of yuan,” or multi-millions of US dollars, into a Shanghai-based startup responsible for a local blockchain technology platform. A representative of Fosun Group, which, at $13.1 In addition […].

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Bank Innovation

FEBRUARY 16, 2017

Cross-border payments are getting an update—but banks are keeping blockchain in the blockchain labs. If [the Read More.

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PYMNTS

MAY 16, 2020

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. 100 for User A in America, 200 pesos for User B in Mexico and so forth) in order to perform transactions in a secure, fast and reliable way.”.

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PYMNTS

MARCH 9, 2020

There are two terms seen a lot in juxtaposition to supply chain lately: coronavirus and blockchain. Some new use cases and a new report put blockchain and the supply chain in perspective. That “single version of the truth” (similar to a bank balance) is the blockchain version of trust.

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Bank Innovation

DECEMBER 11, 2017

EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.

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PYMNTS

MARCH 1, 2020

House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing is set for Wednesday, March 4 at 11:30 a.m.

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PYMNTS

NOVEMBER 10, 2020

But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted. Longer term, in the drive to make crypto spendable, beyond the rails themselves, McCarthy said that compliance and security standards must be robust.

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cryptocurrency blockchain Bitcoin Security 324

PYMNTS

OCTOBER 20, 2017

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. Mastercard is not the only firm delving into blockchain.

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PYMNTS

DECEMBER 22, 2020

Decentralized digital finance trade platform Contour has completed a pilot blockchain transaction between textile companies Tainan Spinning and Century Synthetic Fiber Corporation in Vietnam, according to a press release. Because of that, banks, importers and exporters can access greater visibility without compromising security.

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Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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Bank Innovation

FEBRUARY 17, 2016

You might be using a blockchain to order detergent within the next few years. That’s because blockchains, or more properly, distributed ledgers, are likely to be used to authenticate users of IoT devices, according to Chris Skinner, author of the forthcoming book ValueWeb. Skinner told Bank Innovation today that he Read More.

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PYMNTS

MARCH 29, 2019

Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network, ” the announcement said.

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PYMNTS

JANUARY 16, 2019

In Asia, blockchain continues to get a boost from government and regulatory efforts, especially in the realm of trade finance done across borders. The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities. IoT Gains Traction With Blockchain.

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PYMNTS

SEPTEMBER 20, 2020

ECS Fin , which works in transaction processing optimization, will launch a pilot program to test the integration of blockchain services of Apifiny 's Roxe network to help companies save time and costs on B2B payments, according to a press release.

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Bank Innovation

SEPTEMBER 27, 2017

Fintechs are partnering with banks, banks are using blockchain technology, artificial intelligence, and cryptocurrency and financial regulation is still undergoing massive changes. 2017 has been a […].

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PYMNTS

JULY 31, 2019

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions ( BENEFIT ) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30). According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East.

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PYMNTS

JUNE 6, 2018

Blockchain has issued many promises in the financial services space, vowing improved efficiency, heightened transparency and unmatched security. As FIS conducts internal proofs of concepts and blockchain pilots, Pigg said, the true benefits of blockchain technology will only be discovered gradually.

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PYMNTS

SEPTEMBER 5, 2019

Samsung ’s latest Galaxy Note 10 aims to boost blockchain adoption by making it more user-friendly, The Wall Street Journal reported Thursday (Sept. The new product will be marketed as a “KlaytnPhone,” named after a South Korean blockchain platform, sources told the WSJ. Right now, it’s only being sold in South Korea.

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PYMNTS

OCTOBER 30, 2018

Microsoft is reportedly partnering with Nasdaq on blockchain, in which its Azure blockchain services will integrate with Nasdaq’s Financial Framework. The partnership is aimed at creating a blockchain system to help technologies work together for Nasdaq customers.

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PYMNTS

JANUARY 3, 2019

To that end, any number of analyses are coming in the blockchain arena. According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies.

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blockchain cryptocurrency Security Report 195

PYMNTS

DECEMBER 6, 2020

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore. Going paperless has to happen.”.

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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. We’re much more comfortable with its security and scalability.”. According to Wednesday (Feb. According to Wednesday (Feb.

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PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Canadian payments network Interac has experimented with blockchain for consumer payments.

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PYMNTS

DECEMBER 26, 2018

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions.

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blockchain Payments Industry Technology 200

PYMNTS

SEPTEMBER 4, 2019

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. Upskilling will be key, and the capacity to build and grow the ecosystem will be at least as important to harvest the true benefits of the technology.

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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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PYMNTS

FEBRUARY 1, 2019

IrisGuard, an iris-recognition solutions company, and Patientory, a cybersecurity healthcare data solution firm, are collaborating to combine iris biometric technology with the healthcare focused PTOYNet blockchain network, to add another layer of security and authorization on the blockchain, and help with patient identity procedures.

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

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PYMNTS

SEPTEMBER 12, 2018

News came recently, when it comes to patents tied to the blockchain landscape, that Thomson Reuters found China, and Alibaba , to have had an outsized showing. Last year, 56 percent of all blockchain patents issued trace their genesis from China. Alibaba Bets On The Blockchain. Yet, blockchain remains an area of interest.

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PYMNTS

NOVEMBER 25, 2018

Overstock is gearing up to sell its retail business, with a deal taking place in the next few months as it focuses solely on its blockchain initiatives. Overstock has previously announced plans to sell the retail business so that it can focus on blockchain technology. Byrne is a big backer of blockchain and cryptocurrencies.

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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.

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blockchain Data Technology Security 184

PYMNTS

FEBRUARY 9, 2019

Enterprise blockchain platform XinFin is joining the R3 consortium, with the R3 Corda marketplace hosting several XinFin apps for business users, the companies said in a press release Friday (Feb. Financial institutions that use the R3 Corda blockchain platform can gain access to and integrate these apps.

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