PYMNTS

FEBRUARY 6, 2019

In regulatory efforts tied to blockchain, the British dependency Isle of Man has debuted a hub focused on blockchain development. The advisory for the self-governing dependency has established the Blockchain Office, reported Cointelegraph , and has set up a sandbox that looks toward future regulatory frameworks.

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PYMNTS

MAY 3, 2020

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. The system could possibly monetize every single social media post on a given network for operators as well as content creators.

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PYMNTS

DECEMBER 21, 2018

Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” said a spokesperson for Facebook. The news comes as Facebook was looking to grow its blockchain team, according to a report earlier this month. “This new small team is exploring many different applications.

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Bank Innovation

MAY 29, 2017

A lot of data is being generated and collected on a daily basis thanks to social media, IoT, and online customer behavior (Upstart, for example, uses this method for its underwriting decisions). Customer data is (arguably) the most valuable asset in many industries, financial services included.

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Bank Innovation

MAY 8, 2018

Facebook has formed a team to tackle blockchain initiatives. Marcus's involvement implies that the blockchain effort might have some financial services implications. And it has put the former PayPal President David Marcus in charge of the effort. Last December, Marcus joined the board of Coinbase, the cryptocurrency exchange.

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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

FEBRUARY 13, 2019

The movement to embrace blockchain — notably, among some tech giants — has gotten some momentum in recent days, with new announcements of projects going live. 12) that it has as many as a dozen enterprise clients using a cloud-based blockchain platform that went live in the summer of 2018. Crypto Losses To Mean Blockchain Gain?

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Bank Innovation

APRIL 27, 2018

From those that focus on payments or mobile, to the ones leveraging social media, blockchain, and artificial intelligence, there’s a global hoard of startups that want to muscle into the banks’ territory […].

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Bank Innovation

MAY 9, 2018

Long-time fintech analysts have low expectations for Facebook's newly unveiled blockchain initiative to be headed by PayPal's former president. Further, analysts suspect the effort might not center on using blockchain to offer financial services on the Facebook platform. "[I]

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Bank Innovation

MARCH 22, 2018

The social media/fintech executive made headlines in the crypto world.Read More. EXCLUSIVE— With cryptocurrencies losing their luster in the public — and the regulatory — eye, some in financial services still remain bullish on the currency even as its value falls.

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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. Blockchain applications like smart contracts can help transactions to be completed faster and more efficiently.

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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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PYMNTS

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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PYMNTS

JULY 14, 2019

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. at the World Bank. ”

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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

APRIL 21, 2020

The scams often impersonate legitimate companies and have fake social media accounts. In the crypto and blockchain sphere, Ripple said integrity is important — and hard to attain with the presence of so many fraudulent actors and predatory scams.

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PYMNTS

AUGUST 13, 2020

authorities seized over 300 cryptocurrency accounts holding millions of dollars that the three groups amassed by donations via social media. In other parts of the world, blockchain technology is being used legally to support countries’ infrastructure.

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PYMNTS

MAY 10, 2017

But, Némethi said, it is actually harder than one might think to fake a digital identity even if one wants to — carrying two phones with two completely different search patterns, contact lists and social media profiles is actually a lot of effort. The Power of the Blockchain.

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PYMNTS

DECEMBER 9, 2019

Sekunjalo Investment Holdings has teamed up with Chinese public blockchain leader Ultrain Technology Limited to develop a pan-African open blockchain system called the African Chain 3.0, The scammers sought victims through social media, and told them that investments would grow as much as 3 percent to 4 percent every day.

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PYMNTS

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. The reality is not quite so great.”.

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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.

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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

SEPTEMBER 5, 2018

For China , cryptos are anathema, while the blockchain is to be embraced, or so it seems in light of recent policy and project announcements. Even social media has been limited in terms of how much can be said about cryptocurrencies. The state-run media notes that citizenry cannot use the exchanges, so trading is off limits.

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Bank Innovation

JUNE 18, 2019

unveiled plans for a new cryptocurrency that the social-media giant hopes will one day trade on a global scale much like the U.S. Facebook Inc.

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PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

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Bitcoin blockchain social media Fintech 144

PYMNTS

OCTOBER 11, 2018

In a post on its Toutiao social media account, Reuters reported it said users who linked their accounts via Apple IDs should lower their transaction limits. In addition, AlipayHK and GCash launched a global cross-border remittance service this summer, based on the company’s proprietary blockchain technology.

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Apple social media blockchain Security 203

PYMNTS

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

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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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PYMNTS

JANUARY 12, 2021

Snap , parent of social media company Snapchat , has bought New York City-based StreetCred , which is working on a platform for location data, according to a report from Business Blockchain HQ. StreetCred previously raised around $1 million in seed funding from Bowery Capital and Notation Capital.

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Perficient

APRIL 20, 2023

blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). However, it’s not always obvious which of the many potential technology vendors and implementation partners will best drive an organization’s desired business goals.

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PYMNTS

DECEMBER 15, 2019

million from the VeChain Foundation, which is the group behind the VeChain public blockchain platform construction, Yahoo Finance reported. VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis.

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PYMNTS

SEPTEMBER 2, 2019

“It is scheduled for release in the first half of 2020 by the very same people who had to explain themselves in front of legislators in the United States and the European Union on the threats to our democracies resulting from their handling of personal data on their social media platform,” Mersch said. He said to forget the 1.7

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PYMNTS

NOVEMBER 19, 2020

Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. Visa, Codat Partner on Providing Data for SMBs. 18) press release. SMB economy.

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American Banker

MARCH 18, 2024

Despite fresh waves of online fraud and scams, czars of social media platforms, peer-to-peer networks and blockchain products have renewed ambitions to marry financial services with social apps.

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social media blockchain Fraud Payments 54

PYMNTS

OCTOBER 14, 2019

China Construction Bank ’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions. The project will work to build a digital end-to-end trade finance and supply chain finance solution on a blockchain platform. “We

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PYMNTS

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

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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