Blockchain Technology Not Suitable for Visa’s Core Business
Bank Innovation
MAY 17, 2018
Visa doesn’t see much use for blockchain in its core business, which is transactions at scale, according to CEO Alfred Kelly.
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Fidelity Aims To Be Leader In AI, Blockchain, Machine Learning
PYMNTS
SEPTEMBER 30, 2018
Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. According to a report in CNBC citing Fidelity, billions of dollars are going toward Fidelity blockchain, Fidelity AI and Fidelity VR. Revenue was up 13.7
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In Cryptoland, Jobs Disappear As Speculators Flee
PYMNTS
DECEMBER 11, 2018
The WSJ noted that Steemit, which offers a blockchain -based social network, has laid off 70 percent of its staff and has pointed to the selloff in digital currencies as a culprit. Similarly, the blockchain venture firm ConsenSys has announced that it will lay off 13 percent of its own roster. The anecdotes abound.
Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)
PYMNTS
SEPTEMBER 17, 2020
Earlier this year, as noted by PYMNTS , the bank said it “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities.”
Model Bank 2017: Some First Impressions
Celent Banking
JANUARY 20, 2017
Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.
Most Platforms Can’t Scale, Will Fail
PYMNTS
MARCH 14, 2016
Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Is it one those amazing blockchain things? We profile innovators on PYMNTS.com every day. What is it you ask? Not so good.
Happy Birthday To PYMNTS
PYMNTS
OCTOBER 20, 2018
The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). We always want to talk to innovators and those who understand them best. Over the last nine years, it has been PYMNTS’ privilege to speak with some of the most innovative minds in payments and commerce.
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