PYMNTS

FEBRUARY 28, 2020

To explore the positive impacts of blockchain on small businesses, the U.S. The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m. House of Representatives Committee on Small Business plans to hold a hearing next week.

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PYMNTS

MARCH 18, 2019

JPMorgan Chase isn’t the only bank that has been working on a cryptocurrency. When Citi kicked off the development in 2015, it code-named the cryptocurrency Citicoin, but never formally announced the project. That’s not to say Citi is abandoning blockchain, the technology that underpins cryptocurrency.

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Chris Skinner

FEBRUARY 15, 2018

I guess that this is logical as my last line was that government control of cryptocurrencies is “not so easy for cryptocurrencies that have … The post Regulating the cryptocurrency markets appeared first on Chris Skinner's blog.

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Bank Innovation

SEPTEMBER 26, 2017

Several banks in Singapore have closed the accounts of an estimated 10 firms specializing in cryptocurrency and payments services.

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Chris Skinner

SEPTEMBER 17, 2018

I received a really interesting report from the law firm DLA Piper last week.

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Chris Skinner

FEBRUARY 17, 2019

Falsely labelled a cryptocurrency, loads of headlines emerged about JPM killing XRP, the currency of Ripple. Here’s a decent piece of … The post Is JPMCoin a cryptocurrency and what should SWIFT do about it? appeared first on Chris Skinner's blog.

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PYMNTS

OCTOBER 20, 2017

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Mastercard is not the only firm delving into blockchain. At the same time, the blockchain guarantees that there is “a fully auditable and valid ledger of transactions.”. On Friday (Oct.

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PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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PYMNTS

APRIL 16, 2020

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX , a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Santander had been considering a FinTech payments platform but intended to launch using a blockchain technology developed by Ripple, creator of the U.S.

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PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. Signal CEO Moxie Marlinspike “played down,” the cryptocurrency developments, telling Platformer it was only some “design explorations.”.

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PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. The European Union has become the latest jurisdiction to pave the way for cryptocurrency adoption. European Union Next To Ease Crypto Adoption. Many more made contactless payments.

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PYMNTS

DECEMBER 21, 2020

Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” cryptocurrency exchange Exmo reported a “major” security breach on Mon. 16), in the first blockchain-supported bank guarantee in Russia. They allege that F.F. Meanwhile, U.K. 21), according to Cointelegraph.

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PYMNTS

FEBRUARY 13, 2019

South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. While European blockchain technology companies saw a record year in VC investment in 2018, new data shows that they still didn’t receive as much funding as FinTech companies.

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Bank Innovation

FEBRUARY 13, 2018

For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks when it comes to fintech investment is personal finance, according to a report by CB Insights. […]. banks have not been investing as much in these areas as much as one might have thought.

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Chris Skinner

MARCH 19, 2018

I had a chat with The Financial Times the other day, and provided lots of background as to why I don’t think cryptocurrencies are the choice of criminals.

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PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

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PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. Yet onlookers have noted that PBoC has been working diligently toward its own FinTech growth.

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PYMNTS

NOVEMBER 4, 2020

Toward that end, and more mainstream use cases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrency used, remains key. As spotlighted in this space , Ternio said it has joined Visa’s Fast Track as a cryptocurrency-focused enablement partner.

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PYMNTS

SEPTEMBER 19, 2018

Blockchain has been receiving attention well beyond cryptocurrencies, and the focus has shifted in part to patent filings. In the latest news germane to intellectual property and blockchain, Mastercard has filed three patent applications with the U.S. Carrying Blockchain Into The Carrier Space.

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PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Or at least they didn’t until now. Crypto’s Path To Spendability.

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Chris Skinner

AUGUST 6, 2018

I spotted a chart the other day showing the millions of dollars lost on cryptocurrency platforms … Source: The Wall Street Journal Since 2011, there have been 56 cyberattacks directed at cryptocurrency exchanges, initial coin offerings and other digital-currency platforms around the world, according to Autonomous Research, bringing the total … (..)

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PYMNTS

DECEMBER 26, 2019

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State Administration of Foreign Exchange (SAFE), as Reuters reported. His remarks triggered more businesses to explore blockchain technology. The BSN is made up of 14 members.

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PYMNTS

MARCH 7, 2018

Today in PYMNTS data, blockchain and blockchain-adjacent startups are seeing record-breaking venture capital (VC) funding, Australia’s big banks are implementing faster payments, no-show customers are impacting industries everywhere, FinTech funding has spiked and new real-time, decision-making platforms are helping fight fraud.

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Bank Innovation

JULY 31, 2018

It might seem like blockchain has been all the rage among banks and fintech companies, but a recent Bank Innovation poll found that many of these companies don’t have any blockchain projects in the current pipeline of their innovation initiatives.

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PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

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PYMNTS

JULY 1, 2019

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. Canadian payments network Interac has experimented with blockchain for consumer payments.

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Bank Innovation

DECEMBER 26, 2017

EXCLUSIVE— Fintech is continuing to grow, as more startups across payments, insurance, blockchain, and other areas carve out niches for themselves in the financial ecosystem. And with more funding and more innovations come more players.

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Chris Skinner

NOVEMBER 21, 2017

I still talk a lot about blockchain, distributed ledgers, cryptocurrencies and more, but often feel it’s falling on deaf ears.

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Bank Innovation

DECEMBER 19, 2017

When it comes to the innovations in finance that will impact the way future organizations are run, artificial intelligence and machine learning is likely to have a larger effect than bitcoin or cryptocurrency, a survey from investor communications company Mediant found.

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PYMNTS

DECEMBER 12, 2018

In the world of blockchain phones, another name may crowd the pantheon. Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones.

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BankInovation

NOVEMBER 10, 2021

In the first nine months of 2021, global blockchain and crypto startup funding has nearly quintupled to $15 billion from $3.1 That's according to the recent State of Blockchain report from CB Insights. The numbers speak for themselves: Blockchain and cryptocurrency companies are attracting so much funding this year, the […].

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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

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

JANUARY 9, 2019

The cryptocurrency exchange found “repeated deep reorganizations” of the digital currency’s blockchain. To keep its customers’ funds safe, the company said in a blog post that it “immediately paused interactions with the ETC blockchain.”.

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PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Janet Yellen supports blockchain as a technology. to take center stage. Bitcoin is awesome.

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PYMNTS

OCTOBER 11, 2018

It’s a self-proclaimed blockchain city. Dubai is gearing up for payments via digital coin through a concerted effort between the government and blockchain payments provider Pundi X , with hardware rolling out and a state-created cryptocurrency. Dialing For Blockchain.

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PYMNTS

APRIL 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. The involvement of the nation’s largest cryptocurrency exchange comes as the government cracks down on such firms.

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