PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Canadian payments network Interac has experimented with blockchain for consumer payments.

blockchain 211

blockchain Payments Retail Innovation 211

PYMNTS

JANUARY 3, 2019

To that end, any number of analyses are coming in the blockchain arena. According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies.

blockchain 195

blockchain cryptocurrency Security Report 195

PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. These shortcomings make the cross-border payment industry ripe for disruption and innovation. Canada and Asia.

blockchain 231

blockchain Payments United States Innovation 231

PYMNTS

SEPTEMBER 20, 2018

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC).

blockchain 188

blockchain Innovation Tools Survey 188

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

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

blockchain 137

blockchain Bitcoin NJ New Jersey 137

PYMNTS

OCTOBER 30, 2019

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. His comments even caused a price boost of bitcoin and blockchain stocks to the point that the Chinese state media advised people to stay levelheaded.

blockchain 101

blockchain Bitcoin Security Software 101

PYMNTS

SEPTEMBER 17, 2020

Countries with the most sizable count of BTMs are developed nations like Britain, Canada and the United States. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it. But they have grown in popularity in markets that are not stable.

Bitcoin 178

Bitcoin ATM Security cryptocurrency 178

PYMNTS

OCTOBER 25, 2019

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ). Jack Tate told CoinDesk.

Colorado 102

Colorado Regulation Innovation Wyoming 102

PYMNTS

SEPTEMBER 14, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. 1 have just taken effect.

blockchain 160

blockchain cryptocurrency Bitcoin Compliance 160

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

JULY 25, 2018

The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. In the telecom world, South Korean firm KT said it has applied blockchain to its commercial network. Blockchain As City Initiative.

blockchain 109

blockchain Google cryptocurrency New York 109

PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

blockchain 100

blockchain US Regulation National 100

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.

blockchain 150

blockchain Security National Payments 150

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.

Payments 250

Payments blockchain User Experience National 250

PYMNTS

APRIL 29, 2019

Governments are betting on blockchain to power tourism in cities. The city’s infrastructure will be constructed reportedly through the help of blockchain, with a DMI platform and a DMI coin that will allow for payments of government services. There is also, of course, the blockchain technology.

blockchain 128

blockchain Nevada Course New York 128

PYMNTS

JANUARY 26, 2018

InventoryClub is the latest company to deploy blockchain technology for business finance. The Commonwealth of Nations represents 52 member states around the globe that were once members of the British Empire. The company announced news on Thursday (Jan. enabling companies to submit inventory for which they need financing.

blockchain 115

blockchain National Online Innovation 115

Bank Innovation

OCTOBER 5, 2017

The White House and Equifax, admittedly two of the nation’s least trusted institutions at the moment, agree that social security as unique identifiers have to go.

Security 223

Security National blockchain cryptocurrency 223

PYMNTS

JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

FEBRUARY 2, 2017

The National Bank of Abu Dhabi (NBAD) announced that it has become the first bank in the Middle East and North Africa to introduce real-time, cross-border payments on blockchain, thanks to its partnership with Ripple, a U.S. company specializing in blockchain. According to Ripple , an estimated $1.7

blockchain 100

blockchain National Customer Experience Technology 100

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.

blockchain 147

blockchain Payments Regional America 147

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said.

blockchain 124

blockchain Bitcoin cryptocurrency New York 124

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. BELLIN Secures SWIFT gpi Label. SatoshiPay Debuts Blockchain Payments Platform.

Payments 187

Payments blockchain Fintech Innovation 187

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.

Guidelines 213

Guidelines cryptocurrency blockchain National 213

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.

Bitcoin 109

Bitcoin blockchain Report cryptocurrency 109

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.

blockchain 100

blockchain System Groups National 100

PYMNTS

OCTOBER 26, 2016

The “Fabric Of Our Lives” found itself softly in the hands of blockchain this week. Eighty-eight bales of cotton became part of, arguably, one of the biggest breakthroughs in blockchain this month, all through the first global trade shipment and transaction between independent banks depending on blockchain as a ledger.

Illinois 100

Illinois blockchain Technology Innovation 100

PYMNTS

SEPTEMBER 26, 2018

The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. “Building on the enterprise blockchain technology, Visa B2B Connect is a new transaction platform designed for the exchange of high-value international payments between participating banks on behalf of their corporate clients. .

Payments 162

Payments blockchain Regional Innovation 162

PYMNTS

JANUARY 4, 2019

Members of the group will include “technologists, consumers, institutional and small investors, large and small blockchain enterprises and academics,” he said. Cryptocurrencies and blockchain technology will, without a doubt, greatly impact finance and many other industries across the globe for years to come,” Samuels said. “New

cryptocurrency 163

cryptocurrency New York New York City Study 163

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.

blockchain 75

blockchain Technology cryptocurrency Study 75

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.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

MARCH 14, 2019

And there, Kohli said, innovation is helping corporates adapt to and manage these global risks. The rise of third-party payment providers, and the opportunity for traditional institutions to collaborate with them, has also opened doors for cross-border payments innovation. Treasurers’ Biggest Worries.

Payments 193

Payments Innovation National Fraud 193

PYMNTS

JANUARY 13, 2017

But thanks to faster cross-border payments solutions, the distance between nations across the world is shrinking considerably. Payment solutions powered by blockchain technology are showing promise in getting payment delivered across borders at a much faster rate. Is the world getting flatter? In short, no. and the U.K. and the U.K.,

Regulation 100

Regulation blockchain Payments Technology 100

PYMNTS

MAY 21, 2020

As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. As reported in this space last month, the efforts are still nascent.

United States 244

United States Regional cryptocurrency Retail 244

PYMNTS

APRIL 15, 2020

China is a notoriously challenging jurisdiction for foreign payment service providers to operate as the nation prioritizes local industry leaders. “With these bigger banks, we have been rejected many times,” Tripathi said of Harbour & Hills’ previous attempts to secure a correspondent bank account in China.

Payments 190

Payments Innovation National Marketing 190

PYMNTS

FEBRUARY 28, 2019

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. The tool deploys blockchain technology to enhance the movement of information via banks’ existing infrastructures.

Groups 109

Groups Innovation Fintech Industry 109

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