PYMNTS

MARCH 11, 2020

The alliance, a Libra competitor, provides an avenue for developers to create decentralized apps based on Celo blockchain technology as well as U.S. In other news, Figure Technologies concluded a $150 million securitization of a collection of home equity lines of credit with the help of blockchain technology, CoinDesk reported.

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Perficient

FEBRUARY 22, 2023

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. Perficient will also bring insight surrounding the banking industry’s growing use of blockchain to the Summit.

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Bank Innovation

APRIL 7, 2017

Blockchain Capital, the first venture capital firm to focus exclusively on DLT technology is offering digital tokens that represent a stake in the firm’s third fund. The tokens are held on the Ethereum blockchain […].

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PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

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Bank Innovation

JUNE 27, 2018

Blockchain‘s future in banking is bright, but right now, the industry is not prepared to take advantage of what the technology offers, according to a new McKinsey report on blockchain’s viability across various industries.

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PYMNTS

OCTOBER 17, 2018

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. “The emerging cannabis industry demands product management solutions and blockchain is the most logical choice,” said DMG CEO Dan Reitzik in a statement.

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PYMNTS

NOVEMBER 6, 2020

Financial services firm Figure Technologies, Inc. By reducing complexity, we can leverage the technology efficiencies we have to deliver financial solutions to traditionally underserved and underrepresented consumers, driving real financial inclusion.”. 6) announcement.

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PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. Do you like working with data?

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PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

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Bank Innovation

NOVEMBER 11, 2016

Blockchain is at a bit of a critical point, because it’s running up against the one universal enemy all new technologies have to face eventually: reality. In reality, how will banks use the blockchain? “To To do the real thing, it takes time, effort and expertise,” says Alex Wolff, head of Read More.

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Insights on Business

JULY 26, 2018

One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Consider, for example, the blockchain space. Blockchain for KYC: A Business Problem and Value Proposition.

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PYMNTS

JANUARY 18, 2019

“The most advanced technology is [electronic data interchange (EDI)].” The technology first emerged in the 1970s. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector. . Betting On Blockchain.

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PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain.

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PYMNTS

SEPTEMBER 18, 2019

To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision.

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PYMNTS

MARCH 13, 2019

The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. The posting said the organization was looking for someone to “design a blockchain-based proof of concept for news publishers.”.

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PYMNTS

SEPTEMBER 14, 2020

As for why it's using the unusual procurement method, the agency wrote in today's release: "The federal government struggles at times with identifying ways to test, purchase and deploy innovative technology solutions. The controls concerned vehicles already on the market and, as such, the entire compliance process needs to adjust now.

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Bank Innovation

MARCH 29, 2018

Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More.

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PYMNTS

FEBRUARY 22, 2019

Office of the Comptroller of the Currency (OCC), over deficiencies that the OCC identified in the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. The office recently examined the branches for BSA/AML and Office of Foreign Assets Control (OFAC) sanctions compliance. On Wednesday (Feb. On Wednesday (Feb.

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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. Longer term, in the drive to make crypto spendable, beyond the rails themselves, McCarthy said that compliance and security standards must be robust.

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PYMNTS

SEPTEMBER 6, 2017

Although many people equate blockchain technology with the banking and computer worlds, the technology is changing the food landscape as well. Companies like Walmart, Kroger and Nestle recently joined a partnership effort involving blockchain, signaling that the Internet of Things is making its way into Americans’ kitchens.

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PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. This gives those insurance companies involved in the trial the ability to communicate more effectively via blockchain technology’s ability to automate these pertinent aspects of the insurance process. SR: Impact is slow but expansive.

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PYMNTS

JULY 30, 2019

Emerging technologies, such as distributed ledger technology (DLT), increased international commerce, and new players like TransferWise, Alibaba and Amazon exacerbate these issues by introducing competition. The collaboration will allow DAML to work with several different blockchain networks, including Hyperledger Fabric and Corda.

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PYMNTS

OCTOBER 16, 2019

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help guide and foster oversight of Facebook’s proposed cryptocurrency. We believe in the transformative power of blockchain. We thought it useful to share.”.

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Bank Innovation

MAY 1, 2019

Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they are to securely access banking and other personal services. SecureKey Technologies Inc.’s s Verified.Me

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PYMNTS

OCTOBER 1, 2018

In the age of blockchain, all manner of physical assets are making the leap to bits and bytes. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. percent pure.

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PYMNTS

JANUARY 26, 2018

Enterprise software company CapLinked is rolling out a way to secure data stored on blockchain platforms. This week, the company announced the launch of TransitNet, a blockchain framework to protect digital assets and data stored on blockchain for enterprise clients.

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blockchain Software Security Data 156

PYMNTS

DECEMBER 5, 2019

The Hainan Province in South China rolled out a series of measures to accelerate the blockchain space’s development, Xinhua reported. The measures will back the industry via technological application, social investment, talent cultivation, and other areas. It is said to be one of the quickest-growing blockchain clusters in the nation.

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PYMNTS

FEBRUARY 3, 2017

In a recent study of 200 government leaders from 16 countries, IBM’s Institute for Business Value (IBV) looked specifically at blockchain technology as a possible solution for securely sharing sensitive data. On blockchains, data can be shared widely, seamlessly and, when needed, anonymously.

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PYMNTS

MARCH 11, 2019

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

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PYMNTS

DECEMBER 19, 2018

Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics.

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PYMNTS

APRIL 21, 2019

JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. The platform allows banks to quickly resolve compliance issues that can delay payments by weeks.

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blockchain Payments Fintech Compliance 197

PYMNTS

MAY 26, 2017

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.

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PYMNTS

SEPTEMBER 17, 2019

In other news, the World Blockchain Initiative (WORBLI) said its protocol eliminates any concerns that a token can be used for illegal activities. Compliance is actually one of the biggest barriers to entry for small businesses in any highly regulated industry,” the company wrote in a blog post.

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PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Blockchain for Trading . Trading protocols that operate across the blockchain, he said, are non-custodial, which means “sovereignty over your assets.

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PYMNTS

FEBRUARY 14, 2018

Spending on blockchain technologies will ramp up to $9.2 Its latest Worldwide Semiannual Blockchain Spending Guide also calculated a compounded annual growth rate (CAGR) of blockchain spend of 81.2 As a leader in blockchain innovation and integration, the U.S. Microsoft IDs Its Next Blockchain Use Case.

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PYMNTS

SEPTEMBER 18, 2018

The World Economic Forum (WEF) has thrown its support behind blockchain technology to expand trade finance availability across the globe, touting the technology as a way to address the “paper monster,” tap into data and support governments’ export/import initiatives. The report also expects $1.1

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PYMNTS

JUNE 1, 2017

Cross-border B2B payments company PayCommerce is strengthening its compliance position through a new partnership with Dow Jones. PayCommerce said Wednesday (May 31) that it is working with Dow Jones Risk & Compliance to add enhanced screening and compliance features to its global corporate payments offering.

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