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.

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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.

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PYMNTS

FEBRUARY 24, 2017

Blockchain technology keeps a high level of detail in its records of all financial transactions made. The hope here is that this type of technology will lessen the chances of the distribution of misinformation or manipulated information. As with any technology, there are certain strengths and weaknesses.

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PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. dollar-backed digital currencies for the payment of government taxes, fees and services. Technology is the future. Despite the SEC knowing for 18 months that if the TON Blockchain did not launch by Oct.

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PYMNTS

AUGUST 5, 2019

International Business Machines Corp (IBM) and blockchain consultancy Chainyard have announced a new blockchain network for supply chain management designed to improve supplier validation, onboarding and life cycle information management, IBM said in a press release on Aug. The new blockchain network is called Trust Your Supplier.

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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.

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PYMNTS

JANUARY 21, 2021

Russia’s Sberbank could roll out its stablecoin as early as this spring after filing with the Bank of Russia to launch a blockchain platform, Cointelegraph reported. The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax.

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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. In this case, cryptos will be used for tax returns and municipal payments.

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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. s ability as a country to effectively 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

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. The technology could also be used to verify that any returned drives have undergone a “certified erase” process to remove any user data.

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PYMNTS

APRIL 4, 2018

The rise of new technology has dramatically altered the traditional nature of payments, allowing gig workers and full-time workers faster access to their earnings while enabling businesses and banks to move funds more quickly across international borders. How Smarter Payments are Enabling Instant Tax Refunds.

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PYMNTS

AUGUST 6, 2019

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. While the HMRC declined to go into detail, saying it could jeopardize the assessment or collection of taxes, it confirmed that the request is within its jurisdiction.

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PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Did Blockchain Peak In 2019? And this year was no exception.

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PYMNTS

AUGUST 3, 2016

Thomson Reuters is joining a consortium that includes some of the largest financial institutions around the world working to determine how to use blockchain technology in global financial markets. We believe strongly in collaboration with clients, specifically client-led innovation.”

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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

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PYMNTS

JULY 29, 2019

Without a doubt, blockchain and digital currencies will engender greater financial inclusion and economic growth not unlike the internet’s historic impact,” the letter said. “As Without regulatory clarity, we risk pushing the innovation, tax revenue and jobs that these new technologies create overseas,” the letter said.

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PYMNTS

NOVEMBER 29, 2017

Payments for goods between suppliers, wholesalers and retail distributors are in cash; payments to employees are in cash; tax payments are in cash; even paying the power company and water bill are contingent on cash. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve.

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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

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. Artificial intelligence and machine learning are two technologies that could help combat fraud in accounting and accounts payable, she said, but they have yet to really be deployed by the industry.

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PYMNTS

JULY 26, 2020

dollars that does not suffer from the delayed settlement and chargeback issues of traditional payment solutions, or the legal, accounting and tax issues of stablecoins,” the release stated. The new banking options are largely built around blockchain technologies. Avanti made its Wyoming intentions clear in February.

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PYMNTS

MAY 21, 2020

Crystal Blockchain Analytics released a report that showed the value of bitcoins transferred across the dark web was up by 65 percent in the first quarter of the year to about $384 million. The upgrade and innovation will use proprietary technologies that combine AI and the Internet of Things (IoT).

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PYMNTS

JANUARY 12, 2021

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. Technology brings the concept of flexible payments into reality. Morgan (Onyx is a new J.P.

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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). What's the technology that it runs on top of it?’” Still In Learning Mode . “A How do the reserves work?

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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

MAY 31, 2019

In retail, shoppers who discovered their last purchases using their mobile phones ended up paying for them with the same technology, and BigCommerce sees the potential of blockchain applications for loyalty systems. 20 billion: Approximate value of federal, state and local taxes that credit unions pay annually.

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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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PYMNTS

JANUARY 7, 2020

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. In other words: Blockchain is seemingly in the mix; cryptos are not.

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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

JULY 31, 2019

Money is moving faster than ever, with innovations making it possible for consumers and businesses to send and receive payments within minutes as opposed to days. These innovations can save valuable time and money, but they do not often solve issues associated with international payments.

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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

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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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. All together now.

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PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. And one that should be every innovator’s anthem: “ Well done is better than well said.”. Blockchain. Three things that today seem more like talk than truly transformative innovations. Blockchain. Take the blockchain. Honesty is the best policy.

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PYMNTS

JANUARY 12, 2021

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. Technology brings the concept of flexible payments into reality. Morgan (Onyx is a new J.P.

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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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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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