PYMNTS

NOVEMBER 12, 2019

Fold allows its users to buy gift cards for bitcoin with 3 percent cashback, currently offering $25 or $100 gift cards on its website. Morgan announced that they have teamed up on a blockchain-based prototype that will allow payments in multiple currencies to be completed on the same network. And the U.S.

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PYMNTS

MAY 26, 2017

Yet again, the B2B FinTech industry proves it’s quality over quantity when it comes to venture capital. But it was blockchain that turned heads with its record-setting funding. Backers at Riverwood Capital Management led the investment, reports said, with plans to use the funds to grow into new markets and continue product innovation.

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blockchain Capital Software Analytics 124

PYMNTS

JANUARY 5, 2017

As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A But blockchain has also become a tracking mechanism, more so a cost-cutting measure for a variety of reasons. billion for a typical lender.

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blockchain Samsung Industry Security 115

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. THE FUTURE OF BLOCKCHAIN TECH. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology.

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Bank Innovation

MAY 3, 2018

But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […]. Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday.

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Bitcoin blockchain cryptocurrency Technology 170

PYMNTS

JULY 17, 2019

Horizon Blockchain Games announced that it has raised $3.75 million in a seed round, led by Reddit Co-Founder Alexis Ohanian’s venture fund, Initialized, with participation from Golden Ventures, Polychain, Coinbase, Digital Currency Group, and Inovia Capital.

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blockchain Bitcoin Video Security 101

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

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PYMNTS

OCTOBER 10, 2018

After his departure from SoFi, Cagney moved quickly on to his next venture: Figure Technologies Inc , a new online lending venture built around using the blockchain to offer cheaper, faster and more efficient digital loans products. The firm has raised $50 million from investors, including venture capital firms Ribbit Capital and DCM.

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PYMNTS

DECEMBER 16, 2020

Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. Our multi-rail technology is a game changer, offering an unprecedented level of security, speed and service to small business owners,” Veem CEO Marwan Forzley said in the announcement.

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Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Grit offers interest-free credit cards for companies. “Payments-led lending is the new growth mantra for us.

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

DECEMBER 7, 2020

Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. and EEA consumer cards and a 2.8 percent fee for all other cards. Serent Capital Invests In Procurement Partners. The product will feature a 1.3

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PYMNTS

FEBRUARY 16, 2018

If decentralization is everything in blockchain, what does that mean beyond just the transaction — for the actual sharing of data, of things of value, of content itself? Critics at the financial publication smell a scam, and say the endeavor is incompatible with Telegram’s technology.

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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

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports.

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PYMNTS

JANUARY 25, 2019

Based in Switzerland, KiWi offers a digital platform for small businesses (SMBs) to accept electronic payments via mobile point-of-sale (POS) technology, while also bridging those merchants to financing. The company plans to use the investment to explore the integration of technologies like blockchain, and to grow its network.

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PYMNTS

DECEMBER 11, 2020

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. Core banking technology provider Modularbank , based in Estonia, has secured $4.85 Procurement Partners. Modularbank. Fairmarkit.

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Gonzobanker

FEBRUARY 8, 2022

Rather, the difference could be seen in just how significantly technology disruption has slammed its way into bankers’ discussions regarding shareholder value. COVID may have accelerated things, but talk of booster shots and workplace policies wasn’t the most striking contrast at AOBA 2022. A new frontier of efficiency will arrive.

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PYMNTS

DECEMBER 17, 2020

GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round. In addition, GoCardless will grow into eCommerce and roll out bank-to-bank payments as a less costly alternative to cards. Veem, the online payment solution provider, revealed central enhancements to its routing technology domestically and abroad.

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PYMNTS

DECEMBER 3, 2019

The magnitude of the market is attractive even to B2C FinTechs, though the industry has quickly understood that B2B problems cannot be addressed with tools and technologies designed for consumer. But with recent investment by Blue Star Capital, the company is expanding into the B2B realm to address cross-border corporate payments hurdles.

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PYMNTS

NOVEMBER 20, 2019

“We began researching XRP more than a year ago and have already identified several hundred XRP accounts linked to illicit activity ranging from thefts to scams and the sale of stolen credit cards,” said Tom Robinson, Ph.D., A smaller category was the sale of credit card details. A smaller category was the sale of credit card details.

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NCR

AUGUST 30, 2016

Biometrics, Geolocation and the Blockchain are technologies ripe for deeper implementation within financial apps. Geolocation and the blockchain have both been available for quite a while. After a wonderful dinner paired with the perfect red, you whip out your chip-enabled debit card. Imagine this.

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PYMNTS

OCTOBER 19, 2018

The data, said the Fed, came from surveys of depository institutions in 2012 and 2015, and payment card networks in 2015 and 2016. Payments fraud was up between 2012 to 2015, driven by card fraud. Perhaps predictably, “remote” card fraud also gained ground. The company called for an immediate capital injection.

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PYMNTS

OCTOBER 28, 2016

What about gift cards? Research says millennials love gift cards , so that may be a way to create a budding bitcoin trend. But other research says to forget millennials and focus on ourselves, as many of us enjoy buying eGift cards for me, myself and I — and, sometimes, you. Just like cash.

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PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

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PYMNTS

MAY 18, 2018

Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Blockchain. Cambridge Blockchain. Endeavour Catalyst and Satya Capital also participated. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments.

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PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Its founder is the former chief technology officer at Ripple. Meanwhile, Hard Yaka is developing a prepaid card that lets users spend Ripple balances on the spot.

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Groups cryptocurrency blockchain Regulation 192

PYMNTS

DECEMBER 29, 2016

Deloitte has been an early embracer of blockchain technology, and 2016 was a busy year for the consulting firm in the space. Earlier this month, Deloitte revealed an investment in blockchain startup SETL, a U.K. firm that uses distributed ledger technology for payments and settlement.

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PYMNTS

JUNE 14, 2019

Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to $2.6 Funderbeam operates a blockchain-powered funding and trading platform for the private sector in an effort to address the small business venture and capital gap.

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PYMNTS

FEBRUARY 16, 2018

million landed this week (including the blockchain company that secured most of it) below. Sands Capital Ventures led the investment, which NepFin recently told PYMNTS’ Karen Webster will go toward expanding its origination team and investing in its underlying technology and data capabilities. Blockchain.

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Lex Sokolin

MARCH 31, 2021

Our third example is Chainalysis, the crypto-ecosystem mapping firm that helps institutional actors like government, asset managers, and banks interact with blockchain-based digital assets. Someone will be first to lay the railroads, deploy a blockchain, or buy up the valuable NFTs. Other forms of social capital are just as valuable?—?from

Capital 52

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Bank Innovation

SEPTEMBER 10, 2016

Attendees from banks, credit unions, and other fintech companies saw 31 demos of technology that has applications across the financial sphere, from financial data analysis to mobile payments to trading. On the second day of FinovateFall 2016, fintechs continued to wow attendees with bright, dazzling new finovations.

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Lex Sokolin

NOVEMBER 12, 2020

The sovereign beasts continue to threaten each other with geopolitical, economic, and technological dominance. The vectors of change for software and money remain deeply anchored to the fractal of blockchain. The price of the cryptocurrency rose to over $15,000, breaking again the $250 billion market capitalization barrier.

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PYMNTS

FEBRUARY 28, 2018

Today in PYMNTS data, employees are stealing tens of billions from their employers every year, earnings reports show growth for tech and payments firms, business-to-consumer (B2C) subscription offerings are on the rise, Visa’s Everywhere Initiative is expanding and Hyperledger’s blockchain consortia is adding new members.

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PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. Blockchain. They need to manage the burn, drift and cut losses.”.

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Fintech blockchain Capital Metro 100

PYMNTS

APRIL 30, 2018

Blockchain. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. In short, there seems to be, literally, nothing the blockchain cannot do.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

NOVEMBER 24, 2019

NEM Ventures , the venture capital and investment arm of the NEM blockchain ecosystem, announced that it has made a strategic investment in Canadian cryptocurrency payments provider Cyclebit. It will also help scale the existing global service throughout North America.

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