Perficient

JANUARY 16, 2023

I remember when my mother stopped shopping at one department store because they wouldn’t give her a charge card in her own name, but another store would on their private-label charge card. Embedded Finance and Blockchain . While that sounds new and exciting, remember that history doesn’t repeat itself, but it rhymes.

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PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. 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. percent fee for U.K.

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PYMNTS

OCTOBER 21, 2019

Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls. This week, IBM announced a collaboration with Raw Seafoods to develop a blockchain solution to address supply chain fraud in the seafood industry, including cases of incomplete documentation and mislabeling.

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PYMNTS

NOVEMBER 13, 2020

Technologies such as automation and blockchain are thus receiving more attention from businesses, especially as the volume of data that accompanies cross-border transactions expands. The growing threat of fraud is perhaps the most critical adversary businesses are confronting during the pandemic. companies losing roughly $1.77

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PYMNTS

AUGUST 29, 2019

Digital fraud continues to be one of the most pressing issues that marketplaces face today. Experts estimate that total fraud losses in 2018 totaled $3.9 Developments Around The Digital Fraud World. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology.

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PYMNTS

OCTOBER 27, 2019

In an interview with Karen Webster, Jess Turner, executive vice president of North American Digital Payments at Mastercard , delved into the network giant’s expansion into the healthcare and supply chain spaces using advanced technologies such as blockchain, artificial intelligence (AI) and biometrics. Making Waves With Blockchain.

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PYMNTS

OCTOBER 27, 2019

In an interview with Karen Webster, Jess Turner, executive vice president of North American Digital Payments at Mastercard , delved into the network giant’s expansion into the healthcare and supply chain spaces using advanced technologies such as blockchain, artificial intelligence (AI) and biometrics. Making Waves With Blockchain.

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PYMNTS

MARCH 10, 2017

Blockchain technology is often used as the go-to source to enable faster and safer transactions, especially for smaller players in the retail market. One of the many challenges that typically arises when it comes to cross-border eCommerce payments is potential card-not-present fraud occurrences.

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blockchain Payments Retail Technology 108

PYMNTS

DECEMBER 11, 2018

BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. In a Request for Information (RFI), the CFTC wants details about the technology, opportunities, risks, mechanics, uses, and markets, related ethereum.

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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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PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. “The Reports said the filing, dated Nov. 9 with the U.S.

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PYMNTS

MAY 22, 2019

With fraud ramping up, regulators around the globe are starting to take a closer look at everything from typical threats to the use of new technologies, like blockchain. Following an anti-trust investigation into both the Visa and Mastercard card networks, the EU has reached a settlement with both parties.

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PYMNTS

JUNE 13, 2018

PayStand , a B2B payments company powered by blockchain, is launching in Canada. In an effort to combat fraud, the company introduced blockchain-powered payment certification and notarization in 2016. “As By using the blockchain, we’re giving businesses the opportunity to eliminate human error.”.

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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. Chipotle will be liable for any fraud that results.

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PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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CB Insights

OCTOBER 20, 2021

In 2020, 50 private blockchain companies from 14 countries made it to the CB Insights Blockchain 50. GET THE LIST OF BLOCKCHAIN 50 COMPANIES. GET THE LIST OF BLOCKCHAIN 50 COMPANIES. The Blockchain 50 is our first-ever ranking of the 50 most promising companies within the blockchain ecosystem. First name.

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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.

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Abrigo

APRIL 18, 2022

Cryptocurrencies are a subset of digital assets and are decentralized networks based on blockchain technology. to continue being the world leader in the global financial system and innovative technology. Learn how your institution compares with peers when it comes to fraud prevention. Priorities.

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Payments Source

AUGUST 19, 2016

Blockchain technology is often suggested as an answer to the financial world's security problems. Put those international wire-transfer instructions on a blockchain. Card-not-present fraud is up? Banks on the Swift network are being hacked? Well then, merchants should just let people pay with bitcoin.

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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. Go through a fraud check.

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PYMNTS

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud.

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The Paypers

NOVEMBER 23, 2018

(The Paypers) SBI Ripple Asia and the Japan Payment Card Consortium have announce their intention to combat fraud by using blockchain technology.

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Abrigo

JULY 22, 2022

And while their privacy and security are excellent, cryptocurrency networks do not yet have regulations in place in case of hacks or fraud , so consumers who fall victim to financial crime have no recourse to recover. Characteristics of crypto fraud and money-laundering. Fraud Prevention. Fraud Prevention. Learn More.

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PYMNTS

DECEMBER 12, 2019

The bank is using technology to cut costs and become more efficient in its processes, and in an attempt to tamp down on fraud, as well as make things better for its workers and customers. Earlier this year, CEO Jamie Dimon said that by using machine learning, the bank could save $150 million in terms of credit card fraud.

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PYMNTS

JANUARY 23, 2017

But the dead tree conduit of supply chain payments may see a displacement in favor of digital financial processes, with a spur from blockchain. Webster noted that PayStand debuted a certification around blockchain last fall, with the goal of reducing fraud within supplier payments with better security and reduced human error.

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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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PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce.

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PYMNTS

JUNE 11, 2019

When it comes to authentication, customers largely prioritize convenience over safety, exposing them to fraud, and putting pressure on merchants and financial institutions (FIs) to offer convenient user experiences without compromising security. Another technology giant is leading the charge with blockchain.

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PYMNTS

JUNE 25, 2019

Payments fraud is continuously moving from offline settings into the online realm. Visa has long since offered tokenization through its Visa Token Service for card-based payments on its network. In digital commerce, promise and peril co-exist. The assets acquired were formerly known as Bell ID and Ecebs Ltd. Down The Road.

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PYMNTS

DECEMBER 7, 2017

Studies abound on the impact of payments fraud, said Volmar. The Federal Reserve had a payments study issued in 2015 that did not tally fraud, but only discussed it subjectively, perhaps as the data may have proven disheartening. percent of fraud?”. What’s the one thing that is in short supply as technology evolves?

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Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Contactless and Mobile Payments.

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Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Contactless and Mobile Payments.

Payments 150

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PYMNTS

OCTOBER 23, 2018

As well, digital billing can help reduce healthcare fraud and errors in the $3.5 It does it automatically by deducting it from your credit card without giving out that credit card info, of course.”. Healthcare for the most part is an industry that embraces the latest technology and procedures. Digital Challenges.

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PYMNTS

JANUARY 1, 2019

Johnnies-come-lately were jumping aboard to set up mining rigs as fast as they could get their hands on graphics cards. Investigators were looking into fraud at Tether; crypto exchanges were being preyed on by hackers. This time, the buzz wasn’t about bitcoin but blockchain, its underlying foundational element.

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PYMNTS

JANUARY 14, 2020

Increasingly, however, payment rail innovators are also introducing ways to bypass traditional banks altogether, with many in favor of distributed ledger technology to move money between businesses and across borders. The service is developed on blockchain using stablecoin virtual currency pegged against the U.S.

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PYMNTS

JANUARY 26, 2017

Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. This year, disruption by financial technology firms might well be joined by regulatory uncertainty, which could be more disruptive than either regulatory or deregulatory certainty.”. B2B Payments Outlook.

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PYMNTS

OCTOBER 10, 2019

North America and Europe also have presented strong user bases, while demand has been slower for countries with less-developed internet and communication technology sectors, such as those in Latin America, the Middle East and Africa. Cryptocurrency And Credit Cards. Blockchain is very familiar to them.”.

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