PYMNTS

JANUARY 2, 2019

Interestingly, blockchain did not emerge as a top focus for corporate finance chiefs, yet other recent analysis suggests CFOs might want to have the technology on their radar, too. The World Trade Organization’s latest analysis on the technology found blockchain could add $3 trillion to the world’s global trade markets by 2030.

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PYMNTS

JANUARY 22, 2018

Royal Dutch Shell is boosting its position in the world of blockchain through an investment in distributed ledger startup Applied Blockchain. startup, which develops blockchain apps with a focus on smart contracts. Shell also chose Applied Blockchain as the winner of its startup development competition.

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PYMNTS

OCTOBER 29, 2019

China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. Dubbed “General Framework of DLT-Based Invoices,” the project will also see support from the U.K., Sweden, Brazil and Switzerland.

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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

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 The Nassau Guardian reported that the framework will address many of the regulatory challenges the bank associates with crypto, including tax evasion, market volatility, fraudulent initial coin offerings (ICOs), and anti-money laundering policies.

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PYMNTS

APRIL 6, 2018

The company makes intelligence software that traces transactions on the blockchain — and helped get to the bottom of Mt. One of its new products – dubbed KYT for “Know Your Transaction” – reportedly offers real-time feedback on the purpose of blockchain transactions and works with the transaction processing engines of exchanges.

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PYMNTS

APRIL 4, 2018

In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around. Blockchain is also being viewed as a potential solution for introducing smarter payment capabilities, with several companies filing patents for their own solutions.

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PYMNTS

OCTOBER 18, 2017

17) as a result of the company’s investment in blockchain, CNBC reports. Overstock CEO Patrick Byrne has spent three years developing a blockchain-focused effort called Medici Ventures. Pre-tax, Overstock disclosed the subsidiary posted losses of $3.3 Overstock isn’t the only company to embrace ventures involving blockchain.

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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

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. Despite the SEC knowing for 18 months that if the TON Blockchain did not launch by Oct. In other news, Bermuda will now accept one-to-one U.S.

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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. In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ).

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PYMNTS

APRIL 17, 2019

Blockchain got a few mentions during IBM’s conference call with analysts after earnings were released Tuesday (April 16) after the markets closed. Systems sales slipped 11 percent as mainframe and other hardware demand slid, and demand seemed soft in emerging markets. billion, down 7 percent. Business services were $4.1

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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. . The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Both are not optimal mediums.

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PYMNTS

JANUARY 8, 2020

The digital assets market has grown rapidly and presents various risks, including for retail investors who may not adequately understand the differences between these assets and more traditional products,” according to the office. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts.

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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. We've gone from [trade + 5 days to settle, to trade + 2 days]. That's the best we've done.”.

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PYMNTS

MAY 10, 2017

It was still three months before I could get a proper Norwegian bank account because I was temporary tax member. The Power of the Blockchain. Given its colorful history and connection with bitcoin, blockchain may seem like an out-of-the-box choice on which for Taqanu to build its service.

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PYMNTS

JANUARY 10, 2018

Just like the volatility of bitcoin, the world of blockchain is no stable place. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. Blockchain Ups.

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PYMNTS

JANUARY 10, 2019

From tax refunds and government assistance to payments made for home service and housekeeping professionals, faster payout solutions appear to be gaining popularity — all around the world. In the U.K., faster payout solutions could soon find a home on the nation’s digital classified ad sites. Around The World Of Disbursements.

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PYMNTS

JUNE 16, 2016

The market has covered the adoption of automation and electronic invoicing among corporates for several years now, and while eInvoicing is far from achieving full integration, there are new trends emerging in the industry. Finally, the outlet noted, eInvoicing is beginning to play an important role in the adoption of blockchain technology.

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PYMNTS

MARCH 16, 2018

The blockchain startup, which describes itself as a supply chain automated distributed autonomous organization (DAO) is gearing up for an ICO slated to begin in July of this year. Those smart contracts based on Ethereum blockchain , said the executive, can be used to satisfy and settle payment terms, liens and to ascertain invoice status.

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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. It’s also interested in exploring blockchain for foreign exchange clearing and settlement.

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PYMNTS

DECEMBER 1, 2017

From a firm that targets accounting for blockchain companies to a social network for farmers, investors certainly diversified their funding targets. Blockchain. The company is targeting the European transport market, providing digital services for companies’ freight transport needs, including price quoting and invoicing.

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CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Blockchain and crypto.

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PYMNTS

MARCH 30, 2018

tax deadline approaches, CNBC reported. The funding will be used for developing the startup’s coin and blockchain. Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. The price of bitcoin was $6,826.68 as of 11:13 p.m., according to CoinDesk.

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PYMNTS

APRIL 21, 2017

Perhaps inspired by that growing market, DHL’s eCommerce division recently announced it will look to increase its presence in the region by expanding shipping facilities in the area to handle 81 million shipments a year. . Using blockchain to track coffee from bean to cup .

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PYMNTS

AUGUST 13, 2019

Companies that opt to pay employees in crypto will be able to deduct tax under the country’s pay-as-you-earn income tax scheme. In other news, blockchain-based remittance service Velo is entering into the cross-border remittance market in Southeast Asia, which has seen over $65 billion is remittances each year.

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PYMNTS

AUGUST 28, 2019

Kadena has announced the launch of an upgraded version of its blockchain solution to the Microsoft Azure Marketplace. The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. If a voluntary fund cannot be established, a transactional tax should be imposed to fund the initiative.”.

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PYMNTS

OCTOBER 14, 2020

With the treasury market for S&P 500 companies valued at $2.3 Treasury desks will diversify money market and CD portfolios into these assets as digital assets are better understood and regulated, thereby improving risk/reward profiles,” Ehrlich said. Ehrlich said stablecoins, including the U.S.

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PYMNTS

FEBRUARY 3, 2020

As open banking frameworks continue to encourage bank-FinTech collaboration , the financial services market is exploring new ways to unlock data — not only with banks, but with each other. For corporates and their accountants, the opportunities in data integration between payroll and accounting and tax portals are similarly vast.

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PYMNTS

JUNE 13, 2019

This is an especially popular authentication method in China, where the facial recognition market is expected to reach $9.6 Blockchain-Based Security Methods. Another method used to secure digital identities is blockchain, which has seen success in a number of applications, despite being relatively nascent. billion by 2022.

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PYMNTS

SEPTEMBER 26, 2018

Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.”

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PYMNTS

FEBRUARY 18, 2019

According to blockchain and cryptocurrency company BitRail , JPMorgan’s announcement was certainly a validating moment for the industry. Others disagree that JPMorgan’s announcement will have any impact on the use of cryptocurrency in B2B payments — or on the cryptocurrency market at all. ” Confusion, Doubt Remain.

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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 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Flexibility Is Key. PaaS could be worth as much as $16.7 Morgan (Onyx is a new J.P.

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PYMNTS

APRIL 14, 2019

Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. The life insurance market in France makes up 40 percent of financial assets among local households. We are determined to continue transforming our economy.”.

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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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