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Report: JCB Developing Blockchain B2B Payment Product

PYMNTS

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.

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Blockchain Tracker: SEB’s New York Bridge To Stockholm, Credit Cards And Fraud Prevention

PYMNTS

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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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

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.

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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

“Most things take 10 to 15 years to drive through the ecosystem,” McCarthy told Webster — especially when a range of stakeholders are involved, spanning two-sided markets, consumers, merchants and governments. We leverage that information before you get onboarded to get a card. The Difference A Decade Makes . Back in May, i2c Inc.

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Visa Seeks Patent On System To Turn Government Currencies Into Digital Blockchain Versions

PYMNTS

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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Metro Bank UK: 2023’s Next Bank Collapse? | Samsung’s Trackable Card Unveiled | UBS Tests Tokenized Fund on Public Blockchain

Bussman Advisory

Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. 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.

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MyEG Launches Blockchain Payroll Solution

PYMNTS

Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. Reports in The Edge Markets on Friday (Oct. PayMe will first be introduced in a pilot phase in select markets, reports said. Payroll is one of the many potential use cases for blockchain technology.