PYMNTS

NOVEMBER 3, 2020

Bitcoin and digital currency wallet company ZenGo is becoming a part of the Visa Fast Track program and will create a new digital currency payment card, according to an announcement. ZenGo said the card will be the first card connected to a “self-hosted, on-chain, multi-currency wallet" in which the user manages the funds.

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PYMNTS

NOVEMBER 9, 2016

Blockchain may be building bridges quicker than expected. Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next year.

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PYMNTS

JULY 2, 2020

The blockchain has been touted as the solution for any host of information and asset transfer issues — due in part to the fact that data in a blockchain cannot be altered (i.e. Those applications could accept credit cards, wire transfers and ACH, according to the company. is immutable).

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PYMNTS

NOVEMBER 10, 2020

The emergence of the “network of network” strategies on the parts of Visa and Mastercard have opened the door for faster payments, for the electronification of payments — and for blockchain to underpin it all. We leverage that information before you get onboarded to get a card. Back in May, i2c Inc.

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PYMNTS

MARCH 16, 2018

American Express has reportedly filed a patent related to faster payments and blockchain technology, reports in CoinDesk said. The filing describes a blockchain solution to receive requests for payment, which would then be approved or rejected, a process that would include risk analysis, reports said.

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PYMNTS

DECEMBER 2, 2020

Visa will provide a credit card that allows companies to make and get payments with the digital currency via the card once Circle graduates from Visa’s Fast Track initiative. Blockchain networks and stablecoins, like USDC, are just additional networks.”.

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PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. That's an important distinction between what we're doing now and what we think we're going to be doing more of going forward, versus what it took with the card rails," he said. "We TOMIA and Clear Embrace Blockchain for Telecom B2B Payments. BitPay Debuts BitPay Send.

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PYMNTS

JUNE 8, 2018

To verify payment cards at the point of sale (POS), Mastercard is looking into blockchain technology. Patent and Trademark Office (USPTO), the company said it has devised a process to send and retrieve payment credentials through a “publicly accessible blockchain,” CoinDesk reported. In a filing with the U.S.

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PYMNTS

DECEMBER 10, 2019

Patent Office for the sneaker company’s new blockchain-compatible sneakers, which are called “CryptoKicks,” according to reports. The CryptoKicks will be attached to a system that will use blockchain to attach digital assets to the actual shoes.

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PYMNTS

APRIL 29, 2019

The Chinese government is backing the construction of a “blockchain city” in the shipping lane of the Malaysian Malacca Strait. Our company is using cutting-edge blockchain technologies and integrating those into the traditional industry to make Malaysia a world-class tourist destination. After that, all cards shipped will be plain.

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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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PYMNTS

JULY 16, 2019

In other news, South Korea’s top credit card company has been awarded a patent for a blockchain payment system. Shinhan Card revealed that it has developed a “world-first” service that offers credit card functionality using the blockchain technology.

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PYMNTS

OCTOBER 23, 2020

SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported.

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PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. In an interview with CNBC, SWIFT Asia-Pacific Managing Director Lisa O’Connor said that some of its members are indeed using blockchain. SWIFT is not planning to use blockchain directly in efforts to settle transactions done between banks. One caveat?

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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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Bussman Advisory

OCTOBER 7, 2023

Source Samsung’s IoT-Trackable Credit Card: Samsung unveils revolutionary card that can be physically tracked Samsung has unveiled a unique credit card in South Korea that can be tracked using its SmartThings Find service. The post Metro Bank UK: 2023’s Next Bank Collapse?

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PYMNTS

AUGUST 27, 2020

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated. And, Yellow Card , a Nigeria-based crypto exchange, has raised $1.5

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PYMNTS

MAY 16, 2020

Credit card giant Visa has filed an application for a U.S. 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. The system would then remove the paper currency from circulation.

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PYMNTS

JUNE 22, 2018

” In other news, Net1 Technologies has developed a smart card powered by blockchain technology that can work as a debit card, reports said. The card can work offline and doesn’t need a centralized computer to function.

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PYMNTS

OCTOBER 5, 2016

Blockchain technology has allowed businesses to eliminate unnecessary, not to mention costly, intermediaries and significantly reduce international cross-border payment processing time from weeks to a day. With these benefits in mind, blockchain has recently captured the attention of several players from around the faster payments space.

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PYMNTS

OCTOBER 8, 2018

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. “Leveraging the benefits of blockchain architecture is one of MyEG’s core [focuses] presently,” said Managing Director Wong Thean Soon in a statement. Reports in The Edge Markets on Friday (Oct.

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PYMNTS

JUNE 19, 2019

“We believe that developing standards and open specifications, as well as collaborating on implementations of them, is critical to removing customer blockers and accelerating blockchain as a mainstream technology. This means you can now deploy the IBM Blockchain Platform on the infrastructure of your choosing.

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PYMNTS

DECEMBER 2, 2020

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. The card carries a $200 annual fee.

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PYMNTS

AUGUST 9, 2020

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank , one of the largest banks in the country, is going to work with the Korea Expressway Corporation on blockchain-based services.

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PYMNTS

JUNE 17, 2020

The government of Austria is backing the creation of a pandemic-related mobile application based on the blockchain, CoinDesk reported. The prototypes harness the Ardor blockchain. Ryde, for its part, provides an array of choices for payments without cash, such as credit cards, debit cards and Apple Pay.

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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. The big story, however, has been blockchain, as entities public and private are hoping it might just be the digital magic bullet the entire ecosystem needs. The Blockchain Bonanza.

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PYMNTS

JUNE 30, 2017

The blockchain has a bit of an identity crisis. And while it might be tempting to poke fun at those confident, if somewhat confused, CFOs, Adam Ludwin, co-founder & CEO at Chain , told Karen Webster that, actually, they are pretty much in the same boat as everyone else when it comes to the blockchain. “No Here’s a little proof.

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Bank Innovation

AUGUST 15, 2016

Credit Suisse recently published a 135-page report on the outlook for bitcoin and the blockchain, and there’s a lot to chew on. In sum, the analysts were excited about the prospects for blockchain but less so for Read More. The investment bank surveyed 31 analysts across five disciplines in five different regions.

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PYMNTS

OCTOBER 11, 2018

It’s a self-proclaimed blockchain city. Dubai is gearing up for payments via digital coin through a concerted effort between the government and blockchain payments provider Pundi X , with hardware rolling out and a state-created cryptocurrency. There are two ways to use the XPOS, he explained: via plastic card or through an app.

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PYMNTS

JULY 14, 2020

Blockchain firm Binance has launched the Binance Card in Europe, which lets users convert multiple cryptocurrencies to fiat to spend at more than 60 million retailers, according to an announcement. Binance said the card lets cryptocurrencies stay in their “native form” up to the time that a point-of-sale (POS) transaction takes place.

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PYMNTS

MAY 4, 2018

The International Data Corporation (IDC) released data in January highlighting the immensity of blockchain investment: Analysts calculated global spend on the technology to hit $2.1 Despite the hype, new data from Gartner’s 2018 CIO Survey suggests that most companies have no plans to use or even develop a blockchain solution.

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Payments Source

AUGUST 28, 2019

Amaten, Japan’s largest gift card exchange platform, is expanding its current operations using blockchain in partnership with the decentralized cloud computing network and smart contract provider aelf.

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PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. That comes as SWIFT is working with R3’s blockchain platform, Corda. A Larger Stage.

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PYMNTS

JUNE 5, 2018

The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. What does that mean – to be born on the blockchain? AID:Tech uses digital identity and blockchain tech to create a new, more transparent way for governments, enterprises and NGOs to deliver digital entitlements.

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Bank Innovation

DECEMBER 1, 2017

The latest companies to join Start Path, a Mastercard program aimed to support later-stage fintechs across the globe, including blockchain, health, and payment […].

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PYMNTS

OCTOBER 19, 2020

The Mastercard Track Card to Account Transfer, the release says, will let businesses use commercial cards to pay suppliers even if the suppliers don't take card payments. The new payment facility will help to boost cash flow management and automate payments.

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PYMNTS

JULY 7, 2020

In other news, blockchain company Binance has acquired digital wallet and Visa debit card platform Swipe, according to an announcement. Chainalysis Global Head of Policy and Regulatory Affairs Jesse Spiro said per the report, “My assumption would be that FATF will update guidance in relations to stablecoins in the near future.”.

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