PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. Committing identity fraud is typically at the core of data-stealing schemes in an attempt to steal money.

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PYMNTS

JUNE 16, 2018

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper.

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blockchain National New York cryptocurrency 113

Insights on Business

DECEMBER 7, 2017

Two years ago I wrote an article on the 6 biggest trends in FinTech. In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. Blockchain. Artificial Intelligence and Machine Learning.

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PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Blockchain. Digital banks.

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PYMNTS

APRIL 13, 2020

In this context, the Dutch Authority of Financial Markets has turned to embracing FinTech players in the market to support SMBs, with the regulator’s latest approval going to Finturi. “I don’t know, but I have the impression we were one of the first companies using blockchain they approved,” he said.

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PYMNTS

FEBRUARY 21, 2018

Governments may not be too keen on bitcoin, but blockchain is another story. In fact, government authorities have begun to help fuel the proliferation of blockchain across the world. Local officials are hoping to use blockchain to improve public services and boost transparency.

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PYMNTS

JANUARY 18, 2022

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced today that they have reached an agreement to purchase a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.”. Regulated” is a word Höptner returned to repeatedly in the announcement.

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PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. About The AML/KYC Tracker.

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PYMNTS

JANUARY 26, 2017

Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. Regulation Throws FinTech Off-Guard.

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Celent Banking

AUGUST 9, 2016

Distributed ledger technology, often referred to as blockchain, threatens to disrupt the sector with its potential to improve visibility, lessen friction, automate reconciliation, and shorten cycle times. Both banks and Fintech firms alike are experimenting with DLT solutions for various corporate banking uses cases.

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PYMNTS

MAY 18, 2018

.” The first executive named to the role is Oliver Harris, who had been at the helm of the “in residence” program for FinTech startups. According to the publication, Harris will work “under the umbrella” of the company’s blockchain initiative, which is, in turn, being directed by Umar Farooq.

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PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails. Keeping An Eye On Fraud. It all depends on how you look at it — and where you look, of course.

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PYMNTS

JULY 11, 2016

There are a few schools of thought when it comes to the projected role and impact of blockchain technology on the global financial services space. On one side, some believe blockchain will disrupt the traditional banking system to the point of fracture, enabling the movement of money without the involvement of a financial institution.

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PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. .’s “Regulation around open banking has certainly been of great benefit to businesses in the U.K.,

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Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Share with us please!

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America Fintech Big Data Regional 100

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

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Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

Compliance 150

Compliance Regulation Innovation Fintech 150

PYMNTS

DECEMBER 28, 2018

It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community.

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Insights on Business

MAY 1, 2018

Global VP of Watson Financial Services, Vivek Bajaj, will kick it off with a keynote speech on how Cognitive and Blockchain are using regtech, augmented counter fraud and customer service and to ultimately, transforming financial services. Blockchain. Regulation. Topics include: AI. Biometrics. Compliance. Open Banking.

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FICO

DECEMBER 17, 2020

According to a recent report , the total of cryptocurrency related frauds and thefts stands at a staggering $7.69b. billion of losses stemming from fraud, scams, and misappropriation of funds. Banks will also be able to apply the blockchain analysis to existing clients for ongoing monitoring. This includes $2.8

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PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. Cross-Border Friction — And Bitcoins And Blockchain.

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CB Insights

SEPTEMBER 13, 2021

Mastercard , a global fintech platform, acquired CipherTrace , a blockchain analytics and cryptocurrency intelligence software provider, for an undisclosed amount. The technology offers services such as blockchain forensics, anti-money laundering, and compliance monitoring, among others. Who are the parties to the deal?

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PYMNTS

JANUARY 1, 2019

The moment it got really serious, they said, the regulators would step in and kill it. Investigators were looking into fraud at Tether; crypto exchanges were being preyed on by hackers. This time, the buzz wasn’t about bitcoin but blockchain, its underlying foundational element. As 2018 rolled along, bitcoin dipped.

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PYMNTS

MARCH 14, 2019

. “Think globally, act locally” may be a useful strategy to further improving the global payments market: According to Kohli, national markets have the opportunity to adopt faster payments in their domestic payment systems, and national regulators can promote security and efficiency within national infrastructures. ”

Payments 193

Payments Innovation National Fraud 193

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. Similarly, FinTech firms face a reality with limited VC funds.

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PYMNTS

MARCH 12, 2018

The goals by and large may be noble ones, as real companies come to market and bypass traditional conduits – saving time, perhaps, as they want to bring new services and ideas tied to blockchain to fruition. And yet: How and why to regulate? And where – and just who should do the regulating? The landscape is an unregulated one.

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Accenture

FEBRUARY 28, 2017

Alternative payment mechanisms such as PayPal, iDEAL in the Netherlands and Klarna (Europe and US) will continue to grow strongly (20% – 30%) for e-commerce, driven both by convenience and by high fraud rates in card-not-present transactions. Real-time Payments Interbank Infrastructure. Transaction Banking.

Payments 150

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Accenture

FEBRUARY 28, 2017

Alternative payment mechanisms such as PayPal, iDEAL in the Netherlands and Klarna (Europe and US) will continue to grow strongly (20% – 30%) for e-commerce, driven both by convenience and by high fraud rates in card-not-present transactions. Real-time Payments Interbank Infrastructure. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150

Let's Talk Payments

FEBRUARY 23, 2016

As we have been exploring the world of FinTech, it became quite obvious that FinTech is rebellious in nature as it blurs international borders with ease and speed. FinTech is.

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Accenture

NOVEMBER 6, 2017

Nearly two-thirds of North America banks say that implementing Open Banking is critical to remaining relevant and competing with new entrants, such as fintechs and tech giants like Google, Apple, Facebook and Amazon. Ninety percent of respondents expect Open Banking to boost revenues by up to 10 percent.

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NCR

DECEMBER 13, 2017

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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PYMNTS

JUNE 27, 2017

FinTechs that want to successfully innovate in the payments space need to make sure they’re focused on the market, its needs and its pain points — and make sure their technologies are true painkillers that solve these problems. The fast-growing rates of fraud is another topic that sometimes keeps me up.

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Fintech Labs Insights

MAY 24, 2017

Just when you thought it was safe to enlist yourself in the API revolution, along comes Caxton with what founder and CEO Rupert Lee-Browne described as “the next generation of connectivity using the blockchain.” Blockchain is a revolutionary new technology that makes it safer and easier to send money than ever before.

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Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years. ” Indeed.

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PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded.

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PYMNTS

NOVEMBER 14, 2019

Artificial intelligence and robotics similarly are gaining traction in payroll to promote automation, as well as to address fraud, a growing concern in payroll amid digitization and global expansion. Technological Innovation. Faster payment technologies make payroll “faster and cheaper,” she said.

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Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

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