PYMNTS

NOVEMBER 21, 2019

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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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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Payments blockchain User Experience National 250

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. Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). But before partaking in blockchain bacchanal …. The Blockchain Bonanza.

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PYMNTS

MARCH 17, 2020

Speed drives innovation, particularly in payments. In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions. Explore all of the latest initiatives below. Hungary Welcomes Instant Payments.

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PYMNTS

OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry.

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PYMNTS

FEBRUARY 26, 2019

In other news, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has partnered with the Swinburne University of Technology in Melbourne for a blockchain trial to see how the technology could automate the reporting of cross-border transactions. A new world of tokenized assets and blockchain is coming.

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PYMNTS

JANUARY 11, 2017

The Reserve Bank of India (RBI) says it’s time to embrace blockchain and adopt a digital currency for the country, according to a new report. Cost savings, mitigation of forex volatility, faster settlement, greater efficiency and reduced processing time are all some of the potential benefits of blockchain, the group added.

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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

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. Research released by Atradius last October predicted the nation’s economic growth to slow. RMB usage made up 1.61 RMB usage made up 1.61

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PYMNTS

MARCH 15, 2019

Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in an effort to explore innovation in and access to trade finance. ” Other members of the group include Mastercard, John Deere, City National Bank and First American Bank. .

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blockchain cryptocurrency Bitcoin Groups 190

Bank Innovation

SEPTEMBER 18, 2018

Ripple brought onboard National Commercial Bank Saudi Arabia to its blockchain payment network, RippleNet, the company announced yesterday. With $120 billion in assets, NCB is the second-largest financial institution in the Middle East.

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blockchain Security National Payments 150

NCR

AUGUST 18, 2017

Over the past year or so, major banks across the world have begun investigating what blockchain technology can offer to their business, with many use cases now being piloted. Why banks are excited about blockchain. Financial institutions are exploring blockchain for its potential to reduce costs and streamline processes.

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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

OCTOBER 16, 2018

Also highlighted were investments the firm has made in expanding its merchandising; incorporating blockchain technology to improve food safety and traceability; and the deployment of pickup towers in stores to boost digital sales and delivery options. Walmart is forecasting 35 percent online business growth for next year.

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PYMNTS

DECEMBER 3, 2019

For global businesses, national borders are less and less relevant,” SatoshiPay CEO Meinhard Benn recently told PYMNTS. Businesses operating across different time zones, for instance, add a layer of complexity, while global infrastructure cannot currently support the demand for fast, transparent global B2B payments. “For

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PYMNTS

MARCH 22, 2019

There are huge operational consequences for central banks in implementing monetary policy and implications for the stability of the financial system,” Carstens said. Central banks do not put a brake on innovations just for the sake of it. But neither should they speed ahead disregarding all traffic conditions.”.

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Bitcoin cryptocurrency United States Policies 172

PYMNTS

FEBRUARY 27, 2019

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

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Technology Industry Innovation Big Data 190

PYMNTS

JULY 2, 2018

Citing anti-money laundering rules and other regulations, traditional banks in Switzerland have often refused to operate accounts for crypto companies. The news comes after Schweizerische Nationalbank Board Director Thomas Moser said that he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country.

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Lex Sokolin

NOVEMBER 12, 2020

High tech firms continue to build into software their addictive digital nation states. The vectors of change for software and money remain deeply anchored to the fractal of blockchain. In the current world, the blockchain is itself a set of some large number of duplicates of the data set, held by each of the network participants.

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blockchain Bitcoin Software National 52

PYMNTS

JULY 21, 2019

Before I begin my questions, I just want to take a moment to commend the South Dakota Division of Banking for their forward-thinking and willingness to allow for innovation in the digital currency space. From top to bottom the state is really interested in seeing innovation happen. He is also now a co-founder.

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PYMNTS

APRIL 15, 2020

China is a notoriously challenging jurisdiction for foreign payment service providers to operate as the nation prioritizes local industry leaders. He highlighted emerging innovations in areas like anti-money laundering (AML), risk analysis and routing that can introduce greater efficiency and security within the framework.

Payments 190

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CB Insights

MARCH 21, 2018

In the energy industry, blockchain applications are growing increasingly common. The blockchain ledger is being used to reduce transaction costs, pinpoint origins of energy, and increase the efficiency of exchanges. Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. First Name.

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PYMNTS

NOVEMBER 20, 2019

However, Canada’s largest bank told Cointelegraph that “recent media articles have commented on certain patent applications made by RBC in relation to blockchain technology, and speculated on the applications of these patents.”. RBC explained that the patents are unrelated to the development of a crypto exchange. “As

Bitcoin 108

Bitcoin cryptocurrency blockchain Security 108

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

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Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

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Bank Innovation

OCTOBER 3, 2017

This hypothetical licensing program could put into place a nation-wide, unified regulatory framework for cryptocurrency exchange platforms. Last week, Japan’s […].

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United States cryptocurrency Bitcoin National 284

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Small- to medium-sized businesses (SMBs) are now a critical component of the government’s push for economic growth.

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PYMNTS

MAY 13, 2016

Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. Wait — blockchain is like the Internet? Here’s exactly why blockchain isn’t like the Internet at all. The point: to ensure laws and regulation would not negatively impact innovation. Fair point.

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Bitcoin blockchain Regulation Operations 100

PYMNTS

APRIL 29, 2016

Western Union just put its toe in the bitcoin/blockchain waters. It announced an investment in Digital Currency Group, a bitcoin/blockchain startup-focused investment firm, which includes former Treasury Secretary Larry Summers, who is serving as an advisor and also put money up. EU Backs Off Regulating Blockchain.

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Bitcoin blockchain Regulation Course 100

PYMNTS

MAY 24, 2018

Moving forward, blockchain will be an instrumental innovation to continue FinTech’s disruption of the trade finance market, the DMCC said. “Trade and trade finance will be revolutionized by blockchain and other emerging technologies,” said DMCC executive chairman Ahmed Bin Sulayem in another statement. .

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Survey Fintech blockchain New York 100

PYMNTS

JUNE 17, 2016

The FinTech pundits now tell us, well forget about bitcoin, what really matters is the blockchain technology that powers bitcoin, and that’s what’s going to power the revolution. Blockchain technology is quite innovative. So much for the “free” bitcoin internet of money theory. It’s all transparent and secure.

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Bitcoin Lending blockchain Fintech 100

PYMNTS

DECEMBER 27, 2019

Retailers aiming to sell throughout the nation have to pay attention to how their goods are treated by each state’s tax code. In a feature story, Slabicki explains how BNY Mellon is utilizing AP automation solutions to further innovate its B2B payment offerings in the face of these changing expectations. Did Blockchain Peak In 2019?

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Taxes Mobile Management blockchain 101

Chris Skinner

MARCH 2, 2017

I was chairing a panel where Romana Kumar, Head of Global Transaction Banking for the National Bank of Abu Dhabi (NBAD), was discussing their trial of Ripple. It made me laugh today. There was quite an interesting discussion about how this worked, as Ripple has been added to existing infrastructure?

Payments 150

Payments System Financial Technology Innovation 150

Bank Innovation

NOVEMBER 4, 2019

INV has refocused its operations within the last year on FI enablement, and the new class – INV’s eighth – is the first solely curated for this directive. INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement.

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PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Is it one those amazing blockchain things? We profile innovators on PYMNTS.com every day. What is it you ask? Not so good.

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Bitcoin blockchain Video Apple 100

PYMNTS

OCTOBER 14, 2016

Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies. But Takach is confident that the law will catch up with technological innovation. Bitcoin regulation, as Turkey is emphasizing, is a bane in bitcoin’s behind.

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Insights on Business

OCTOBER 17, 2018

Whether payments, regulatory compliance, automation, blockchain, addressing cyber or moving to cloud, bring us your toughest challenges and let’s solve tomorrow together. Come join us to discuss ways to innovate the payments landscape. Lower risk and improved operational model for running T24 at scale. IBM Annual Client Event.

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