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.”.

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PYMNTS

MARCH 1, 2018

Banking and financial services firm HSBC says its blockchain-based trade finance solution is ready to launch — in pilot phase, at least. In addition, Kroeker highlighted HSBC’s focus on documentary credit as a key area that can be improved using technologies like blockchain. According to Wednesday (Feb.

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PYMNTS

JANUARY 18, 2019

Yet, half a century later, even some of the largest multinational conglomerates are only beginning to implement EDI into their procurement and B2B commerce operations. Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain. The technology first emerged in the 1970s.

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PYMNTS

MAY 31, 2017

Complex supply chains have been the focus of blockchain innovators as of late as they explore how distributed ledgers can streamline and safeguard the transmission of paperwork and funds across borders and between companies. The report, released last week, agrees that blockchain is making headway in supply chain management and finance.

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PYMNTS

JUNE 26, 2019

In the continuing move to bring data (and transactional data) to blockchain, among the latest examples is the announcement this week that the Society for Worldwide Interbank Financial Telecommunications (SWIFT) will enable blockchain-focused companies to use its global payments innovation (GPI) platform, as reported in Cointelegraph.

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PYMNTS

SEPTEMBER 26, 2018

Ether, for instance, seems to have dropped in value, just as many organizations that had previously raised funds in Ether via ICO “cash out” so as to finance their operations and pay for expenses, Bloomberg said. “Everything is open source, meaning that any feature in a public blockchain can be copied.”

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Bank Innovation

NOVEMBER 28, 2016

Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

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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

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PYMNTS

APRIL 30, 2019

Roberto Mancone, co-founder and chief operating officer of blockchain trade finance platform we.trade, is leaving the company and revealing his doubts about blockchain technology’s promises to transform the industry. “I have not yet seen something that shows the ultimate benefit of the technology,” he said.

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Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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PYMNTS

JUNE 17, 2020

Air Force has granted blockchain firm SIMBA Chain a $1.5 million check to help create a new blockchain for supply logistics in the next two years, according to Coindesk.com. The military’s need for tracking its multi-part, expensive operations has only increased with the introduction of 3D printing, according to Coindesk.

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PYMNTS

OCTOBER 15, 2020

Three major Japanese players in technology, payments and banking will run a joint trial to determine how well a new blockchain-based identity verification system operates across companies and industries, the firms announced Thursday (Oct.

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PYMNTS

APRIL 23, 2018

Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). Reducing returns, transferring medications to other stores, and reducing costs are all vital parts of improving business operations for our customers,” Harvey said.

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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.

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PYMNTS

NOVEMBER 5, 2019

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. . CONA wants to work with Walmart and Target next.

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PYMNTS

JUNE 27, 2018

“Our new, hard infrastructure will be future-proofed to your imaginations, opening up a range of potential innovations in wholesale markets and corporate banking and retail services.”. The first product of their partnership is a revolving credit line that uses blockchain technology, provided to an unknown company.

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Bank Innovation

FEBRUARY 8, 2017

chief technology and operations officer. BMO Bank has been “heavily” investing in its technology architecture for the past five years. The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. That’s in terms of all the tech capabilities we have built, which will Read More.

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PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. Mutual fund conglomerate Vanguard is reportedly readying to implement blockchain into its own processes early next year.

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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.

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PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. bank to use RippleNet’s blockchain network to move money across borders.

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PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more.

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PYMNTS

MARCH 22, 2019

A new job posting has revealed that Facebook is looking to hire a lead commercial counsel for its blockchain initiatives. You will be responsible for drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.

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PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. It exemplifies the newly innovative nature of the B2B payments market, but Ernest Rolfson, Finexio CEO, says that doesn’t necessarily mean progress is guaranteed.

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PYMNTS

JANUARY 26, 2021

HashCash Brings Blockchain Tech To Unnamed Bank. Although blockchain technology company HashCash Consultants did not name the FI, the company revealed it is collaborating with a bank in the U.S. to bring its blockchain-powered corporate trade financing technology into the entity.

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PYMNTS

AUGUST 13, 2019

Australia and New Zealand-based ASB Bank has acquired a stake in a New Zealand startup developing a blockchain-powered trade management solution. What began as collaboration through ASB’s innovation program to solve a customer problem is now a fully-fledged business ready to launch,” Annett said in a statement.

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Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. But it is possible to gain control and establish a proactive foundation of well governed, compliant security upon which these cloud projects can be built and managed. Optimizing risk, compliance and security.

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Bank Innovation

JUNE 3, 2019

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

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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 2018 will be a crucial stage for enterprises as they make a huge leap from proof-of-concept projects to full blockchain deployments.

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Perficient

MARCH 3, 2023

In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility , we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk.

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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.

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PYMNTS

SEPTEMBER 24, 2020

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. This week's look at the latest innovation initiatives finds a big push for the latter. SatoshiPay Debuts Blockchain Payments Platform. BELLIN Secures SWIFT gpi Label.

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PYMNTS

JULY 10, 2017

Japan’s Mizuho Bank is moving forward with plans to use blockchain for trade finance. The bank said Friday (July 7) that it has completed its first distributed ledger-based trade finance transaction between Australia and Japan, with data and document sharing successfully transmitted between parties using blockchain.

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PYMNTS

AUGUST 8, 2018

Logistics technology provider OpenPort has announced a partnership with blockchain company Fr8 Network in a deal that will enable OpenPort to connect its customers to blockchain solutions. OpenPort currently provides transportation management technology and trade finance to its corporate customers.

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PYMNTS

JANUARY 23, 2017

Supply chain managers are watching those forces particularly close this year, analysts say. Research announced last week from Marsh & McLennan Companies found that 52 percent of treasury management and finance professionals are watching geopolitical events and how they impact corporate growth.

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PYMNTS

JUNE 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. The big story, however, has been blockchain, as entities public and private are hoping it might just be the digital magic bullet the entire ecosystem needs. The Blockchain Bonanza.

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PYMNTS

DECEMBER 20, 2016

The financial services industry was one of the first to begin tapping into the power of blockchain. A new report from Deloitte examines which industries have their eye on blockchain and which are still left in the dark. businesses say they have little or no knowledge about blockchain. Finserv Leads The Way.

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PYMNTS

MAY 26, 2017

But it was blockchain that turned heads with its record-setting funding. With the second-largest funding of the week, Billtrust landed $50 million for its invoice-to-cash and accounts receivable management solutions. Blockchain. Take a look at the investment breakdown below. Accounts Receivable.

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