PYMNTS

NOVEMBER 10, 2020

It is the rule of thumb, when it comes to secular change, that very few innovations come along to rapidly change the state of payments themselves. But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted. Back in May, i2c Inc.

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Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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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

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. The blockchain solutions are intended to make the payments process more efficient and transparent for consumers.

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PYMNTS

JANUARY 14, 2020

It’s an innovator’s job to look at the status quo and disrupt what has always been done in favor of progress. 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.

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PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. Might SWIFT be giving a nod, at least partially, toward the use of distributed ledger technology (DLT)? In an interview with CNBC, SWIFT Asia-Pacific Managing Director Lisa O’Connor said that some of its members are indeed using blockchain. One caveat?

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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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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

OCTOBER 15, 2020

Three major Japanese players in technology, payments and banking will run a joint trial to determine how well a new blockchain-based identity verification system operates across companies and industries, the firms announced Thursday (Oct. million card members and $321.6 billion in 2019 transactions.

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Bank Innovation

NOVEMBER 28, 2016

Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

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PYMNTS

MARCH 14, 2018

.” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. This balance of optimism and realism is taking over the blockchain space as of late. But the segment also warned to temper the hype with healthy skepticism.

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PYMNTS

NOVEMBER 21, 2019

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers.

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PYMNTS

DECEMBER 30, 2019

Japanese business to business (B2B) payments firm JCB is partnering with Singapore blockchain technology provider Keychain to capitalize on using blockchain in the payments space, JCB announced in a press release. Last week , JCB announced a partnership with the blockchain-enabled commercial payments platform Paystand.

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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

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

APRIL 16, 2020

Ant Financial rolled out a blockchain platform called OpenChain, which lets small- to medium-sized businesses (SMBs) and developers harness its proprietary blockchain technologies, according to an announcement. The technology offers many modules to developers that they can use in different mixes to create trust in team efforts.

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PYMNTS

JULY 25, 2018

The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. In the telecom world, South Korean firm KT said it has applied blockchain to its commercial network. Blockchain As City Initiative. Blockchain As City Initiative.

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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. Nubank’s $10B Regional Expansion .

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PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. In addition, blockchain technology is expected to take hold in India and BS/2 plans to expand its point-of-sale (POS) terminal network in Georgia. “Blockchain technology is bound to register substantial growth over the coming years.

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PYMNTS

MARCH 17, 2017

PricewaterhouseCoopers — after 83 consecutive years of tabulating the Academy Awards without incident — managed to accidentally put the wrong card in Warren Beatty/Faye Dunaway’s hands for the Best Picture award and … well the rest is YouTube history. PwC is now called Probably Wrong Card!”. Alexander questioned, for example, how Adm.

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PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. Just as Grewal highlighted, the issue of continued reliance on paper and manual processes is driving Finexio’s entrance in the market, with the use of APIs and sophisticated technologies as part of the effort.

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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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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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Payments Source

JANUARY 24, 2017

The fleet card provider WEX isn't sure how blockchain can help its business, but it's confident enough in the technology's promise to move forward.

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PYMNTS

MARCH 1, 2016

FinTech innovators continue to bank on the blockchain to overhaul the world’s payments infrastructure, and financial institutions are backing that vision with their own investments. But could this revolution be a bust for credit card giants? I think blockchain has potential,” he stated.

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Bank Innovation

MAY 31, 2016

Loyyal – blockchain-based loyalty and rewards platform – has partnered with Dubai Future Foundation to create “world’s first” tourism incentives program powered by blockchain and smart contract technology, the company announced yesterday.

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PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

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PYMNTS

SEPTEMBER 20, 2018

Businesses are more satisfied with ACH payments, electronic bank transfers and even credit cards than they are with checks for sending and receiving B2B payments. Along with the proliferation of faster, easier payment technologies, there are countless ways that vendors and suppliers can send and receive B2B payments.

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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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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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PYMNTS

AUGUST 29, 2016

The blockchain has been touted as a technology to revolutionize a lot of things — moving money, clearing trades, making contracts smart and enforcing terms. That’s the view of Ron Quaranta, COO of loyyal and chairman of the Wall Street Blockchain Alliance. That, Quaranta said, is what makes the blockchain so appealing.

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PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. Commercial cards probably won’t see any massive bursts of innovation or adoption, either.

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PYMNTS

SEPTEMBER 14, 2017

Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency acceptance at physical retail points of sale (POS). So far, said Lee, only the tech-minded are interested in blockchain adoption; it’s still too complex to be embraced by the average person.

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Bussman Advisory

APRIL 7, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Contact us at info@bussmannadvisory.com for more details.

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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

MARCH 10, 2016

Innovators and FinTech players are eyeing how blockchain technology can ease friction for corporate cross-border payments, a need pressing more heavily on companies that expand operations internationally. One business is using blockchain for this very purpose and, on Wednesday (March 9), released its API to address the issue.

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PYMNTS

JUNE 27, 2017

Bitcoin — and the technology that enables it — has certainly had a rather fast trip from obscurity to mainstream awareness. intervening years, bitcoin and the blockchain technology that enables it hasn’t quite gone mainstream. Good News: 2/3 of CFOs Are Now Very Confident They Understand the Blockchain.

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