PYMNTS

SEPTEMBER 20, 2018

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC).

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PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. He said that multiple public services such as elections and labor welfare will use the blockchain technology. The research is described as “a project that uses blockchain technology to improve U.K.

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PYMNTS

DECEMBER 19, 2018

Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics.

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PYMNTS

OCTOBER 29, 2019

China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. Dubbed “General Framework of DLT-Based Invoices,” the project will also see support from the U.K., Sweden, Brazil and Switzerland.

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PYMNTS

OCTOBER 25, 2019

members of GFIN will seek to advance financial and market integrity, consumer and investor protection, financial inclusion, competition, and financial stability. financial regulators represent the interests and needs of the nation and its financial services stakeholders,” according to a statement. Jack Tate told CoinDesk.

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PYMNTS

JUNE 16, 2018

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper.

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PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

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PYMNTS

AUGUST 28, 2019

Kadena has announced the launch of an upgraded version of its blockchain solution to the Microsoft Azure Marketplace. The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. The sheer volume of transactions makes this a national security threat,” the party wrote in a post on its website.

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PYMNTS

JANUARY 13, 2017

But thanks to faster cross-border payments solutions, the distance between nations across the world is shrinking considerably. Payment solutions powered by blockchain technology are showing promise in getting payment delivered across borders at a much faster rate. and why they believe the technology should be regulated.

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PYMNTS

JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. This is a really seismic shift.”. We've gone from [trade + 5 days to settle, to trade + 2 days].

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PYMNTS

OCTOBER 29, 2019

You have nothing to lose but your blockchains. News came this week that, as reported via CoinDesk, in China there’s a new app, tied to blockchain, that lets Communist party members attest their party loyalty. Now, blockchain is not bitcoin. Workers of the world, unite. Marx makes his mark, then, in the digital age. million.

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PYMNTS

JUNE 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). But before partaking in blockchain bacchanal …. The Blockchain Bonanza.

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PYMNTS

FEBRUARY 24, 2019

Japanese internet giant Recruit Holdings launched a $25 million blockchain fund, which closed in November and only became public after the company revealed an investment in Beam. Recruit has made prior investments in blockchain companies through its central corporate fund, Recruit Strategic Partners ( RSP ).

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PYMNTS

SEPTEMBER 14, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. 1 have just taken effect.

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PYMNTS

NOVEMBER 22, 2017

The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. Nearly two-thirds of that funding will go toward blockchain startups, reports added. Visa Tests B2B Connect.

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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.

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PYMNTS

OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry.

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PYMNTS

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 The Nassau Guardian reported that the framework will address many of the regulatory challenges the bank associates with crypto, including tax evasion, market volatility, fraudulent initial coin offerings (ICOs), and anti-money laundering policies.

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PYMNTS

FEBRUARY 9, 2018

The world’s first ICO regulations are coming, care of Gibraltar. The rapid global proliferation of initial coin offerings has become an issue of mounting concern among regulators and central banks around the world – in particular, the growth of ICOs has fueled massive growth in the cryptocurrency market in general.

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PYMNTS

MAY 10, 2017

Némethi is not a professional humanitarian or someone who thought much about the refugee crisis until he found himself — a Hungarian national living abroad in Norway — disturbed by his country’s reaction to the flood of refugees fleeing Syria’s civil war. “I The Power of the Blockchain. What’s Next.

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PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3 The Pandemic Pop.

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PYMNTS

SEPTEMBER 17, 2020

Countries with the most sizable count of BTMs are developed nations like Britain, Canada and the United States. But they have grown in popularity in markets that are not stable. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it.

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PYMNTS

SEPTEMBER 1, 2020

The BIS found that decline is even more pronounced in emerging-market economies and smaller island nations. For instance, the number of active correspondent banks fell about 23 percent in advanced economies, but as much as 41 percent in developing nations. A Reduction In The Number Of Corridors .

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PYMNTS

NOVEMBER 27, 2019

Xero, for instance, recently struck a FinTech-to-FinTech-to-Bank integration agreement, while Australia’s National Australian Bank demonstrated the opportunities for API connectivity and FinTech partnerships to address banking friction for larger corporates, too. Plaid’s Global Expansion. and Canada.

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PYMNTS

OCTOBER 26, 2016

The “Fabric Of Our Lives” found itself softly in the hands of blockchain this week. Eighty-eight bales of cotton became part of, arguably, one of the biggest breakthroughs in blockchain this month, all through the first global trade shipment and transaction between independent banks depending on blockchain as a ledger.

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PYMNTS

JUNE 19, 2019

The cryptocurrency market currently lacks a clear regulatory framework to provide strong protections for investors, consumers, and the economy. Regulators should see this as a wake-up call to get serious about the privacy and national security concerns, cybersecurity risks, and trading risks that are posed by cryptocurrencies.

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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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Chris Skinner

MAY 26, 2017

There’s also underperforming Chinese markets and increased demand for the cryptocurrency in a number of Asian countries, particularly Japan where bitcoin is semi-legitimised. They tell me that you can’t regulate the internet, and therefore you can’t regulate bitcoin. appeared first on Chris Skinner's blog.

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PYMNTS

APRIL 11, 2018

The central banks of Japan and Hong Kong are interconnecting their systems to support faster cross-border payments and trade between the two markets, according to Reuters reports on Tuesday (April 10). The Bank of Japan announced the plans that reports said may be the first of their kind by any central bank.

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PYMNTS

SEPTEMBER 18, 2019

It is anticipated that the cabinet in Germany will come up with a complete blockchain strategy in its ongoing effort to more fully digitize its economy. Germany’s national central bank, the Bundesbank , is also in talks with officials in Berlin about the development of digital currency. You have to reject that clearly.”.

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PYMNTS

MARCH 16, 2017

We were surprised to see businesses actively selling into markets because they had a vehicle to receive payments there, and they were actively avoiding other markets because they didn’t know how to get paid there,” Moen said of Flywire’ s conversations with companies revealing their B2B payment pain points. Time For Change.

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PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market. More Progress, New Challenges.

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Lex Sokolin

NOVEMBER 12, 2020

Let’s mark things to market so that we are able to walk forward again. Markets still reflect financial constructions and schemes decoupled from the experience of the average person. Markets still reflect financial constructions and schemes decoupled from the experience of the average person. The election’s end?—?and

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PYMNTS

OCTOBER 27, 2019

The law will regulate the use of cryptography, facilitate the cryptography business and establish cybersecurity, according to the NPC Constitution and Law Committee , the news agency reported. The announcement came one day after Chinese President Xi Jinping called on the country to seize opportunities in blockchain technology. .

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PYMNTS

DECEMBER 6, 2017

The evolution of blockchain-based services. That includes the ability of faster payments initiatives to address corporate, cross-border transactions in addition to consumer, national transactions, he said. Interacting with other innovations, like blockchain, has become a focal point for the industry, said Ambikar.

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PYMNTS

SEPTEMBER 29, 2017

According to news from Reuters , the Swiss investigation is the second crackdown in less than two weeks by FINMA and could lead to greater regulatory oversight of some of the most prominent blockchain projects in “Crypto Valley,” located in Zug, Switzerland. Several regulatory bodies, including those in the U.S.,

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PYMNTS

AUGUST 15, 2018

allies placed sanctions on the country, ordering the creation of the national payment system due to worries that it could be shut out of international payment systems. The move comes as Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, as CoinDesk reported in June.

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