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Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports.

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US Lawmakers Explore How Blockchain Can Help SMBs

PYMNTS

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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World Blockchain Trade Consortium Launches With FinTech Platforms

PYMNTS

The World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. When we created Invoice Check, we approached a lot of fintechs and stakeholders in the industry.

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Mastercard Inks Bahrain Blockchain Partnership

PYMNTS

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions ( BENEFIT ) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30). According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East.

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Can Blockchain Fix Security and Identity, Consumers’ Top Concerns?

Bank Innovation

The two most prevalent use cases for the blockchain in fintech are trade finance and cross-border transfers—moving money at a quicker pace and more securely, according to research by Coindesk.

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How FinTechs View Emerging B2B Payment Innovations In 2020

PYMNTS

FinTechs are keeping an eye on emerging technologies at the beginning of the year — and predicting how they will impact business-to-business (B2B) payments in 2020. Blockchain. Praeger noted there is still attention surrounding blockchain, but it hasn’t been the game-changer that many people in the industry had expected.

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Mastercard Begins Offering B2B Blockchain Tech

PYMNTS

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. Mastercard is not the only firm delving into blockchain.