Meet the Most Innovative CEOs in Banking [SPONSORED]
Bank Innovation
NOVEMBER 14, 2017
The finance landscape is witnessing some significant changes and disruptions due to fintech companies, blockchain technology, and AI. Here is a […].
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Bank Innovation
NOVEMBER 14, 2017
The finance landscape is witnessing some significant changes and disruptions due to fintech companies, blockchain technology, and AI. Here is a […].
CFPB Monitor
DECEMBER 9, 2022
Last week, Ballard Spahr launched an innovative online application to help cryptocurrency and blockchain industry participants keep pace with quickly evolving laws, regulations, policies, and government enforcement priorities in the space. The Cryptocurrency and Blockchain Legislative Tracker is an interactive.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Bank Innovation
SEPTEMBER 27, 2017
Fintechs are partnering with banks, banks are using blockchain technology, artificial intelligence, and cryptocurrency and financial regulation is still undergoing massive changes. 2017 has been a […].
Bank Innovation
JUNE 12, 2017
2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.
Bank Innovation
APRIL 24, 2017
The rise of insurtech is running parallel to the rise of regtech, as financial firms and startups apply artificial intelligence, blockchain, and other technologies to the dizzying world of financial regulation.
PYMNTS
SEPTEMBER 15, 2020
With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base.
Gonzobanker
NOVEMBER 22, 2022
Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand. The blockchain is here to stay – learn it, know it, live it. What’s Next?
PYMNTS
NOVEMBER 25, 2020
The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.
PYMNTS
APRIL 27, 2016
The European Union has decided it won’t take a formal stance on regulating blockchain, at least for now. According to the EU parliamentary committee, now is not the time to regulate. Instead, the group determined it was best to keep a watchful eye over the technology that underpins bitcoin without being overarching.
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).
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
Bank Innovation
OCTOBER 17, 2017
EXCLUSIVE — Spanish banks, along with certain Spanish telecommunication companies, have come together to establish a national network based on blockchain. The consortium is called Alastria.
PYMNTS
APRIL 18, 2019
A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.
PYMNTS
APRIL 14, 2019
The International Monetary Fund ( IMF ) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.”. Instead, the coin will be used to study the technologies used for crypto assets, and how they can be utilized in the real world. “The
PYMNTS
NOVEMBER 12, 2019
Alipay’s Ant Financial announced that it is moving into the pilot stage for its blockchain network — Ant Blockchain Open Alliance, which was created to help small and medium-sized businesses. This is the company’s latest move in the blockchain market. There are then plans to go live three months later.
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. The technology has come a long way. In addition, Kroeker highlighted HSBC’s focus on documentary credit as a key area that can be improved using technologies like blockchain.
Bank Innovation
MAY 26, 2017
The next big thing in financial services won’t make it very far off the ground if FIs don’t innovate with an eye towards compliance.
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.
PYMNTS
DECEMBER 19, 2018
Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics.
PYMNTS
JANUARY 11, 2021
Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. Hamstringing American Innovation. This is a really seismic shift.”.
PYMNTS
JANUARY 16, 2019
In Asia, blockchain continues to get a boost from government and regulatory efforts, especially in the realm of trade finance done across borders. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region. IoT Gains Traction With Blockchain.
CFPB Monitor
MAY 31, 2022
Associate Director Evangelista stressed “responsible innovation” by the cryptocurrency industry, in order to protect consumers and national security interests, as well as to combat cybercrime and other illicit financial activity. Responsible Innovation “. Responsible Innovation “.
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. Pay close attention to cybersecurity.
PYMNTS
MARCH 14, 2018
.” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. This balance of optimism and realism is taking over the blockchain space as of late. But the segment also warned to temper the hype with healthy skepticism.
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.
PYMNTS
MAY 16, 2020
patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A Embodiments may also allow for user anonymity.”.
PYMNTS
OCTOBER 9, 2019
The terms of engagement for innovations such as Libra must be adopted in advance of any launch. Regulations include transparency that shows economic fortitude. The bank will also foster innovation among FinTech firms, Carney said at the Innovate Finance Global Summit. authorities should use their powers accordingly.”.
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. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.
PYMNTS
OCTOBER 29, 2019
The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.
PYMNTS
OCTOBER 17, 2018
Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. “The emerging cannabis industry demands product management solutions and blockchain is the most logical choice,” said DMG CEO Dan Reitzik in a statement.
PYMNTS
OCTOBER 18, 2019
Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. Technology is the future. If you look at five of the six largest companies in the world today, they are technology companies,” said Premier David Burt. “We In other news, Bermuda will now accept one-to-one U.S.
Bank Innovation
MAY 25, 2018
For years, as financial services became increasingly digital, credit scoring remained stubbornly unchanged, but there are indications, from the regulators on down to startups, that this is finally changing. New companies in the credit-scoring space are using AI and […].
PYMNTS
JANUARY 29, 2018
That includes cross-border payments , he said, which have been the recent target of FinTech innovation, and which are headed for more disruption to come. Virtual cards are another technology that have had an even more recent impact on global SMB payments, the executive noted.
PYMNTS
SEPTEMBER 14, 2020
As for why it's using the unusual procurement method, the agency wrote in today's release: "The federal government struggles at times with identifying ways to test, purchase and deploy innovative technology solutions. Malaysia-based IBF is developing a blockchain network to be used for charity work, a press release says.
PYMNTS
SEPTEMBER 11, 2019
Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on Wednesday (Sept. The new blockchain-enabled solution aims to bridge international payments infrastructures, schemes and banks via a Mastercard clearing and settlement network.
PYMNTS
JUNE 30, 2017
The blockchain has a bit of an identity crisis. And while it might be tempting to poke fun at those confident, if somewhat confused, CFOs, Adam Ludwin, co-founder & CEO at Chain , told Karen Webster that, actually, they are pretty much in the same boat as everyone else when it comes to the blockchain. “No Here’s a little proof.
PYMNTS
JANUARY 13, 2017
Payment solutions powered by blockchain technology are showing promise in getting payment delivered across borders at a much faster rate. But with so many unknown questions about how the technology functions, greater regulation may be required to help governments and the public trust and accept it. Regulation required.
PYMNTS
FEBRUARY 6, 2019
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 has become one of the hottest topics in payments, commerce and digital security over the last few years.
PYMNTS
JANUARY 29, 2020
Swiss company Overfuture has been approved to incorporate for an initial public offering (IPO) that offers tokenized shares on a blockchain, according to a report Wednesday (Jan. The prospectus said that the company is offering 8,399,000 “common equity share security tokens” on the ethereum blockchain. 29) by Coindesk.
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.
PYMNTS
JUNE 20, 2018
The skeptics are flocking out of the shadows to warn investors and innovators that blockchain may not be the catch-all solution and market-changing disruptor it promises to be. Yet, supporters of the technology seem to be stronger than ever. “You need also to be able to price it correctly.”
PYMNTS
NOVEMBER 14, 2018
Ant Financial , the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. But previously we just wanted to make sure we are really using the tech to be innovative, to create examples, to redefine financial services that people can feel, can touch,” Jing said in an interview.
Bank Innovation
JANUARY 6, 2017
Professionals in the financial services industry are focusing their energy on regulation and data management, according to a survey from consulting firm and technology services provider Synechron.
PYMNTS
OCTOBER 22, 2019
Ripple has announced that it’s now a member of the Blockchain Association , an organization that advocates cryptocurrencies and the use of blockchain networks. We are excited to be included as members of the Blockchain Association — an association playing a key role in shaping our shared digital future,” Ripple said. “We
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content