PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. He added that it will become the first government agency run on a blockchain-based system and artificial intelligence.

blockchain 148

blockchain Fraud Data Report 148

PYMNTS

JULY 1, 2019

Blockchain has caught the attention of several FIs, especially for B2B and cross-border payments, even if there’s not yet consensus on how to best deploy it in real-world situations. Canadian payments network Interac has experimented with blockchain for consumer payments. We are now in the trough of disillusionment.”.

blockchain 211

blockchain Payments Retail Innovation 211

Perficient

AUGUST 1, 2022

This product represents Salesforce’s initial entry into blockchain technology. While NFTs are digital pictures/collectibles employing blockchain technology to prove ownership, there have been several scandals that put doubt in both developers’ and owners’ minds.

blockchain 294

blockchain Chicago Fraud Conference 294

PYMNTS

NOVEMBER 10, 2020

It is the rule of thumb, when it comes to secular change, that very few innovations come along to rapidly change the state of payments themselves. Crypto has been held up by critics as a conduit to fraud and money laundering. Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value.

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

PYMNTS

JULY 31, 2019

The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI). However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas.

Innovation 151

Innovation Report UX User Experience 151

PYMNTS

JUNE 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. ” However, that’s only the beginning.

blockchain 184

blockchain Data Technology Security 184

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.

blockchain 160

blockchain Regulation Community Bank Regional 160

Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. New hybrid cloud platforms will offer unprecedented scalability, agility, and security, optimized for enterprise AI and blockchain.

Industry 155

Industry Innovation blockchain Compliance 155

PYMNTS

FEBRUARY 12, 2019

General Motors’ financing unit, General Motors Financial, is teaming up with Spring Labs , a blockchain company, to create identity verification solutions. The idea is to create a solution for verifying IDs and preventing identity fraud that meets all the regulatory requirements. In a press release issued on Tuesday (Feb.

blockchain 129

blockchain Fraud Fintech Meeting 129

PYMNTS

JANUARY 16, 2020

However, to do so, these companies will need to make some adjustments to their fraud protection strategies. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. The Latest Fraud Decisioning Developments.

Fraud 133

Fraud Tools Data Industry 133

PYMNTS

MARCH 3, 2020

Whether embracing development and adoption of new payment rails or developing solutions for legacy versions, the latest in payments innovation is all about speed – even for corporate payments. House Committee Eyes Blockchain for SMBs. B2B Faster Payments Predicted for High Growth. that adopts faster payment rails this year.

Innovation 130

Innovation Payments blockchain National 130

PYMNTS

JANUARY 14, 2020

It’s an innovator’s job to look at the status quo and disrupt what has always been done in favor of progress. Increasingly, however, payment rail innovators are also introducing ways to bypass traditional banks altogether, with many in favor of distributed ledger technology to move money between businesses and across borders.

Innovation 134

Innovation Payments blockchain System 134

PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation.

blockchain 101

blockchain Samsung Bitcoin Innovation 101

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. With these benefits in mind, blockchain has recently captured the attention of several players from around the faster payments space.

blockchain 199

blockchain Payments Technology Bitcoin 199

PYMNTS

AUGUST 5, 2019

International Business Machines Corp (IBM) and blockchain consultancy Chainyard have announced a new blockchain network for supply chain management designed to improve supplier validation, onboarding and life cycle information management, IBM said in a press release on Aug. The new blockchain network is called Trust Your Supplier.

blockchain 122

blockchain Management Tools Taxes 122

PYMNTS

AUGUST 24, 2020

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Moreover, the cloud services arm of Huawei has fueled the project with blockchain innovations like distributed ledgers.

blockchain 160

blockchain System Bitcoin Taxes 160

PYMNTS

DECEMBER 26, 2019

Companies are getting much better at fraud detection and prevention, partly in response to its rapid spread. A leading index of digital theft found that loyalty fraud exploded by 89 percent over 2018, opening a vast new front in the battle. For their part, the anti-fraud community is hitting back hard. Fighting Fakes With Fire.

Fraud 131

Fraud social media Massachusetts Data 131

Bank Innovation

FEBRUARY 14, 2018

According to reports, high-level Fintech and Innovation-driven Financial Services Regulatory Committee panel met last week to discuss the possibility of the fund that would focus on, among other things, fraud, security, and blockchain. The committee consist of seven members, […].

National 276

National Fintech blockchain Fraud 276

PYMNTS

FEBRUARY 21, 2017

Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of the most manual and least secure corporate payment technologies in use today, it could be a good place for blockchain disruption to start.

blockchain 102

blockchain Fraud Innovation Fintech 102

PYMNTS

DECEMBER 31, 2019

The following Deep Dive further explores how paper-based methods can result in processing delays and how new, cutting-edge payment innovations can drive accounts payable (AP) automation. More than 40 percent are interested in same-day ACH, and over 30 percent are interested in blockchain technology. Manual processing challenges.

Innovation 153

Innovation Payments Survey blockchain 153

PYMNTS

JUNE 5, 2018

The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. What does that mean – to be born on the blockchain? AID:Tech uses digital identity and blockchain tech to create a new, more transparent way for governments, enterprises and NGOs to deliver digital entitlements.

blockchain 174

blockchain cryptocurrency Data Compliance 174

PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

FEBRUARY 6, 2019

Proper care, consumer and insurance payments flow, and fraud prevention all depend on those factors. That leads us to the latest discussion about the potential role that blockchain can play in healthcare data. Then, regulators can see tangible use cases” that prove the appeal of blockchain in the healthcare space.

blockchain 194

blockchain Data Security System 194

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 Mastercard. Reports said the filing, dated Nov. 9 with the U.S.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

JULY 23, 2018

An accelerator program led by Silicon Valley Bank and First Data is collaborating on a blockchain-powered B2B payments network, with blockchain B2B payments company PayStand leading the initiative, the companies announced Friday (July 21).

blockchain 101

blockchain Payments Data Security 101

Chris Skinner

FEBRUARY 18, 2018

Dogecoin was … The post Why bitcoin is not a ‘fraud’ or ‘bubble’, but something you should take seriously appeared first on Chris Skinner's blog. There are even some coins that were created as a joke that are getting significant investments, such as Dogecoin.

Bitcoin 393

Bitcoin Fraud cryptocurrency blockchain 393

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. Commercial cards probably won’t see any massive bursts of innovation or adoption, either.

Innovation 100

Innovation Payments Regulation Fraud 100

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.

blockchain 108

blockchain Payments Retail Technology 108

PYMNTS

OCTOBER 27, 2019

Zamna, previously known as VChain Technology, uses a blockchain to safely share and verify data between airlines and travel authorities to check passenger identities. In the meantime, blockchain analytics firm CipherTrace is working on technologies to better understand the structure of privacy-focused coins, as well as trace transactions.

blockchain 102

blockchain Bitcoin Capital United States 102

PYMNTS

OCTOBER 27, 2019

In an interview with Karen Webster, Jess Turner, executive vice president of North American Digital Payments at Mastercard , delved into the network giant’s expansion into the healthcare and supply chain spaces using advanced technologies such as blockchain, artificial intelligence (AI) and biometrics. Making Waves With Blockchain.

blockchain 100

blockchain Guidelines Fintech Fraud 100

PYMNTS

JANUARY 5, 2017

As more banks, industries, companies and even retail brands take on and use blockchain technology in their business, there are the enhanced and innate elements of efficiency and security. “A But blockchain has also become a tracking mechanism, more so a cost-cutting measure for a variety of reasons. billion for a typical lender.

blockchain 115

blockchain Samsung Industry Security 115

PYMNTS

NOVEMBER 12, 2018

However, these professionals have their own ideas about where corporate payments innovation should be headed. Firms are currently struggling with a lack of data attached to transactions, and are readying for industry disruption from real-time payments, tokenization, cross-border payment improvements and blockchain, to name a few.

Innovation 111

Innovation Payments Survey blockchain 111

PYMNTS

OCTOBER 26, 2017

Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on Wednesday (Oct. In April, the group said it had completed a proof of concept.

blockchain 109

blockchain Conference Groups Fintech 109

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

SEPTEMBER 11, 2019

Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) have announced that they are teaming up to build a blockchain-based renewables platform. Pump and dump is a type of fraud that manipulates the price of an asset through a rush of high-volume purchases by fraudsters.

blockchain 119

blockchain Company Bitcoin social media 119

PYMNTS

MAY 14, 2020

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the year. Trust & Will Deploys AI-powered Digital Solutions To Innovate Estate Planning.

Fraud 247

Fraud Meeting Innovation New York 247

PYMNTS

SEPTEMBER 20, 2018

With spiking investments in digital payment solutions, the B2B sphere appears to finally embrace innovation. In today’s highly competitive market, the pressure is on to maximize profits and streamline B2B payment structures by reducing their operating costs, time consumption and potential for errors and fraud.

Innovation 124

Innovation Payments blockchain Technology 124