PYMNTS

JANUARY 7, 2020

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. India, of course, has said financial firms cannot provide such services, and China has banned the operation of domestic exchanges. In other words: Blockchain is seemingly in the mix; cryptos are not.

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PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. The new banking options are largely built around blockchain technologies.

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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

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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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

MARCH 14, 2019

Unfortunately, the report found, recent tax reform in the U.S. tax reform to provide a significant benefit, nearly half said in 2019 that there has been no significant impact on their companies at all. Only 15 percent said tax reform boosted their total income, while 12 percent said financial performance has improved.

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PYMNTS

MARCH 2, 2018

This volume of investment reflects the soaring demand within financial services for new digital innovations as these technologies prove their value and applicability in the market,” said Accenture Financial Services Group Chief Executive Richard Lumb in another statement. Blockchain. AgriDigital.

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PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

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PYMNTS

MAY 13, 2016

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. Wait — blockchain is like the Internet? Promoting bitcoin. Fair point.

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PYMNTS

JUNE 14, 2019

Funderbeam operates a blockchain-powered funding and trading platform for the private sector in an effort to address the small business venture and capital gap. Based in Ireland, Immedis provides payroll and tax services to multinational corporations. Former Nasdaq Tallinn CEO Kaidi Ruusalepp announced $4.5

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PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. As of the end of the week, at least one firm, Mattervest, said it had shuttered operations. International Innovation, With a UK Focus. Domestically, the horizon may be darkening a bit for virtual currencies.

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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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PYMNTS

MAY 14, 2018

And as the ability to send payments electronically becomes faster and cheaper with innovation, it seems like doing business globally should no longer be a big deal. A lot of innovation has focused on accounts receivable for businesses on marketplace platforms with a global reach. Methods Available Today.

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PYMNTS

JULY 27, 2018

Its tool integrates with existing platforms like QuickBooks, while its features include payments, invoicing, budgeting and tax management. Cybersecurity startup Siemplify operates in the S.O.A.R. The company said it plans to use the funding to focus on investing in sales and marketing, product innovation and customer success.

Payments 101

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Alex Jimenez

FEBRUARY 27, 2019

The topics discussed varied from arcane technology topics to discussions about general innovation. The hot topics that I heard during these four days were: AI, Cloud, Diversity, and Innovation. Another session featured Dmitry Bulychkov, Deputy Chief of IT Innovation at Gazprombank. Innovation. Artificial Intelligence.

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Jessica Ellerm

DECEMBER 5, 2017

Whether that be simple automation hacks or better visibility between suppliers and buyers, a great procure-to-pay journey is just waiting for someone to innovate and own. Aside from the pain points, in Australia alone there are serious economic reasons why we desperately need innovation in this space. Isolate then innovate.

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PYMNTS

SEPTEMBER 3, 2019

Today in the payments news roundup, transformative innovations in payments and commerce are making the visible, invisible. Why Invisible Will Make 2020’s Payments Innovation Roar. Innovations influenced those choices by changing the path of purchase and payment for consumers.

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PYMNTS

SEPTEMBER 9, 2016

The brothers are aware of the security issues surrounding bitcoin and recommend that exchange operators and their regulators need to look closely at “multisig” security services, which require many people to sign off on a transaction. Physical bitcoin is stored in an offline wallet for which the private key is sealed.

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Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Acronym of the Year. Has to be M-O-E. The most important aspect of this deal is Huntington.

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PYMNTS

FEBRUARY 17, 2017

As such, there’s a need to simplify all of these complex finance routes, and blockchain technology seems to be the anchor for this. By 2020, over 80 percent of bankers expect to see commercial adoption of blockchain, according to a recent study conducted by Infosys Finacle. Big transformations of this scale can take quite a while.

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Fintech Labs Insights

JANUARY 8, 2017

This includes a new chartering system announced in December , that would, among other things, enable fintech companies to operate across state lines. Blockchain. The fifth largest private sector bank in India, Yes Bank, announced that it successfully deployed blockchain technology to digital vendor financing. ” InsurTech.

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PYMNTS

APRIL 18, 2018

FinTech innovation is often seen as a threat to the traditional banking status quo – at least, that is, until traditional FIs begin acquiring, partnering with or developing their own FinTech solutions. This week’s Blockchain Tracker explores blockchain’s position as both an opportunity and a threat to traditional banks.

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PYMNTS

JANUARY 16, 2019

The new Digital Identity Tracker looks at how recent investments in a wide range of identity solutions could be put to use, by providing services to refugees, helping government agencies collect taxes and authenticating gig workers on digital hiring platforms. Private organizations are also looking to blockchain for decentralized solutions.

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blockchain Security Data Taxes 139

Bussman Advisory

NOVEMBER 28, 2018

Much of this change is being driven by blockchain technology, which can be used to replace the vertical, siloed industry structures we know today – structures that are fragmented and full of friction – with radically decentralized, open and fluid ecosystems. This blog post first appeared in Forbes. And this is where it gets interesting.

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PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But if the road to stablecoins is getting clearer, don’t expect rush-hour traffic on that road yet, cautioned Allaire.

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PYMNTS

MARCH 5, 2019

Steve Wiggins, chief executive of Payments NZ said, “These open payments-related standards will be used as an important building block for new innovation, which can benefit all Kiwis.” Late last year, Signature Bank was authorized by the New York State Department of Financial Services to offer a blockchain-based platform.

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blockchain New York Fintech Regulation 163

Vitalik Buterin

NOVEMBER 22, 2019

Blockchain Scalability. Problem: create a blockchain design that maintains Bitcoin-like security guarantees, but where the maximum size of the most powerful node that needs to exist for the network to keep functioning is substantially sublinear in the number of transactions. Cryptographic problems. Timestamping. And we've done it !

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NCR

DECEMBER 19, 2016

We’ve been hearing for some time that cash and checks are on the way out, to be replaced by cards, contactless payments, mobile wallets and other exciting innovations. Meanwhile, in Indonesia, many consumers moved back to cash after the government launched a plan to tackle tax evasion by tracking all credit card transactions.

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Bussman Advisory

DECEMBER 13, 2017

2017 was a year of tremendous growth for blockchain, though not in the expected ways. At the beginning of this year, I and others predicted that 2017 would be the year that blockchain moved from proof-of-concepts into production. Companies will focus on changing business models as blockchain begins to transform market structures.

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blockchain cryptocurrency Industry Examples 40

Fintech Labs Insights

AUGUST 1, 2016

It leverages 45+ years of franchise operations experience to help retail investors finance franchises, helping to bring them to market quicker. GainX’s SaaS platform uses decades of market research and leading-edge technology to help large financial institutions overcome innovation and adaption failures.

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Fintech Labs Insights

JULY 16, 2015

After a month-long screening process, we narrowed the pile to the newest and most innovative ideas in fintech. Blockstack’s software platform uses private blockchains to eliminate back office inefficiencies for financial services firms. Tranwall offers card issuers, processors, and corporations a card payment control solution.

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PYMNTS

JULY 1, 2016

According to reports, Quoine is the largest bitcoin exchange that operates in a major bitcoin market, Japan, as it has $50 million bitcoins transacted over its exchange per day. But the company noted that the round is not closed so there could be up to $4 million more raised in this round. Citi Says Bitcoin Isn’t A Threat To Banking.

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PYMNTS

JULY 15, 2019

It has been about a month since Facebook pulled back the curtain on its vision for Libra – a blockchain-backed cryptocurrency with the lofty aim of connecting the 1.7 But that isn’t a reason to pause innovation – it’s a reason to work with regulators to build the regulations. “We

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CB Insights

OCTOBER 31, 2017

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Read on for post-mortems on 10 of the latest startups to bite the dust. Product: Quidsi. Product: Guvera.

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