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.

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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

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

NOVEMBER 10, 2020

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. We leverage that information before you get onboarded to get a card. Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value.

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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.

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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

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 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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Bussman Advisory

OCTOBER 7, 2023

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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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

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

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. Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments.

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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

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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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

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

JULY 7, 2020

In other news, blockchain company Binance has acquired digital wallet and Visa debit card platform Swipe, according to an announcement. And decentralized data exchange technology Ocean Protocol said it successfully completed an experimental project for Daimler, according to an announcement.

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PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . In November , India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

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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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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

JUNE 29, 2017

While blockchain technology can be tough to regulate, it is making small strides into mainstream use. Some countries are timid about venturing into blockchain due to its tough-to-regulate persona. However, there are signs that blockchain is making strides toward mainstream use.

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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

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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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

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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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

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

MAY 25, 2018

Among the latest hopes for healthcare payments is blockchain. Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments.

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PYMNTS

NOVEMBER 18, 2019

A German airline has issued the first airplane tickets powered by blockchain technology, according to a report by Reuters. Hahn Air, an airline that flies throughout Europe, said the blockchain tickets were a partnership with open-source travel distribution platform Winding Tree. It emerged as the system that powered bitcoin.

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PYMNTS

MAY 25, 2018

Remember when blockchain was the new technology buzzword on the … block? Now blockchain is on everyone’s lips, and has been for a while. The debate over blockchain, however, in terms of utility, rages on. Still buzzy, if not so new in the nomenclature. Investment of research and development proceeds at a dizzying pace.

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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

OCTOBER 23, 2018

In fact, Head Blockchain Engineer Stan James at decentralized blockchain marketplace provider Origin told PYMNTS in a recent conversation that the central locus of the pre-digital gig economy was the community bulletin board. Currently in mainnet beta, Origin’s basic offering functions like a blockchain-powered Craigslist.

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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

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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PYMNTS

JUNE 26, 2017

Earlier this month the credit card giant launched its Visa Ready Program for Business Solutions, a collection of B2B payment and finance services, from virtual cards to AP automation, to accelerate companies’ use of such digital tools. Visa has been going big in B2B payments as of late.

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