Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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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.

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PYMNTS

OCTOBER 2, 2019

He is accused of setting up and operating Darkode, a black marketplace that operated between 2008 and 2013, as well as creating and deploying Mariposa, one of the largest botnets. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

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PYMNTS

APRIL 26, 2020

E-FRESCO , a fresh fruit virtual market, is introducing blockchain capabilities to help sustain cross-border needs, according to a report. Canada, the Middle East, Europe and South America, customers trying to buy fresh fruit and vegetables online through the marketplace can now use blockchain-based shipment and B2B technology.

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Chris Skinner

MARCH 7, 2017

Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT could reduce the traditional reliance on a central ledger managed by a trusted entity for holding and transferring funds and other financial assets.

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PYMNTS

JUNE 13, 2019

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. ” However, that’s only the beginning.

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blockchain Data Technology Security 184

PYMNTS

NOVEMBER 9, 2018

Overstock may be best known as an eCommerce business, but these days its CEO and Founder Patrick Byrne is much more interested in talking about the power of cryptocurrency and blockchain, and how it will be the real future of both the firm and the economy in general. Suffice to say, Byrne remains one of blockchain’s bigger boosters.

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PYMNTS

MARCH 30, 2017

Fueling the blockchain hype for FinTech and the financial services space is its promise of security. But like any new technology, it could always be made more secure — and regardless of its security, users won’t be entirely confident in the innovation until the tool becomes more widespread.

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Bank Innovation

MAY 2, 2016

The financial industry has long discussed the benefits of adopting blockchain – or distributed ledgers – in its operations. Storing records in the cloud are still a major concern, as FIs try to figure out how to tap into the technology, but IBM’s announcement last week is said to remove those Read More.

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PYMNTS

AUGUST 13, 2019

Blockchain efforts — on a large scale — got a boost this week when Reliance Jio, the India-based mobile network operator, said it would set up one of the largest blockchain networks in the world. The site said Jio’s actions would help deliver automation and security to transactions and for modernizing supply chains.

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blockchain Data Security Technology 135

PYMNTS

SEPTEMBER 24, 2019

In the ongoing move to embrace blockchain, Facebook may have its allies. IBM has said it is “willing” to work with Facebook on blockchain, as noted by an IBM executive. He said that a company such as Facebook can help bring more legitimacy to blockchain — yet he did not state whether IBM would look to join the Libra Association.

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PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain.

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PYMNTS

OCTOBER 16, 2019

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help guide and foster oversight of Facebook’s proposed cryptocurrency. That would include merchants, mobile network operators and financial institutions. .

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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.

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Bank Innovation

DECEMBER 18, 2017

Citi is now using distributed ledger technology to manage collateral and send cash and securities in a single click, Citi announced last week.

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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. We’re much more comfortable with its security and scalability.”. According to Wednesday (Feb. According to Wednesday (Feb.

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Bank Innovation

MARCH 8, 2017

— Blockchain – or the distributed ledger technology – is rushing out of test labs, and into real-life applications. Experts foresee that blockchain will take over money transfers, and will […]. SAN JOSE, Calif.

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PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Blockchain for Trading . Trading protocols that operate across the blockchain, he said, are non-custodial, which means “sovereignty over your assets.

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PYMNTS

MAY 26, 2017

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.

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PYMNTS

MARCH 7, 2018

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network.

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PYMNTS

JUNE 19, 2019

Libra may have dominated the news so far this week — and, of course, the new cryptocurrency announced by Facebook is underpinned by blockchain. To that end, the MediLedger project debuted a new pilot program this week, billed as a cross-industry initiative that eyes using blockchain for drug supply chains.

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PYMNTS

MARCH 26, 2019

Bank of America is the largest investor in blockchain patents, but according to CNBC reports on Tuesday (March 26), the company’s own technology leader is herself skeptical of blockchain. Reports last year revealed the FI had acquired or was actively pursuing a total of 43 patents related to blockchain technology.

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PYMNTS

OCTOBER 17, 2018

Business services conglomerate Accenture is expanding its blockchain solution offerings with the development of a procurement platform launched in Thailand. Accenture integrated its blockchain architecture into R3 ‘s Corda open-source blockchain platform to create the tool, the company said.

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PYMNTS

JUNE 9, 2017

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches.

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blockchain Study Technology Data 171

PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

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PYMNTS

SEPTEMBER 18, 2019

a platform that will help develop a center of AutoMobility innovation via partnerships for new technologies and/or business models. Meanwhile, Farmer Connect has announced a blockchain partnership with the Colombian Coffee Growers Federation, ITOCHU Corporation, the J.M. “If million of “ICOS” tokens to over 2,000 investors.

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PYMNTS

MARCH 22, 2019

Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. One way to secure funding is to use invoice financing. To that end, Netherlands startup Finturi earlier this month said it had secured $2.2 To that end, Netherlands startup Finturi earlier this month said it had secured $2.2

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PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG. Securities Exchange and DLT.

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PYMNTS

OCTOBER 1, 2018

In the age of blockchain, all manner of physical assets are making the leap to bits and bytes. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. percent pure. New Use Cases.

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PYMNTS

JUNE 18, 2018

Walmart has been awarded three patents for blockchain-backed technology, according to a report Monday (June 18) in Cryptovest. One of the patents covers a system that would let households manage their electricity bills through cryptocurrency, and would be operated with a public blockchain.

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PYMNTS

FEBRUARY 24, 2017

As such, there will likely always be some form of a well-manicured security system in place. 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.

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PYMNTS

FEBRUARY 17, 2020

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. Cisco Uses IoT Security To Build Smart Cities.

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PYMNTS

OCTOBER 3, 2018

Blockchain trade finance consortium we.trade has grown with the addition of three new bank members, reports in CryptoNinjas said Tuesday (Oct. The three were part of the former Batavia consortium, another group formed to explore blockchain in trade finance and management. UBS is joining the consortium, as are CaixaBank and Erste Group.

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SEPTEMBER 18, 2018

A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.”. The EOS network recently took the top spot in an evaluation of blockchain networks by China’s Ministry of Industry and Information Technology (MIIT), CoinDesk reported.

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PYMNTS

AUGUST 23, 2020

21) to operate a virtual asset trading platform, according to a press release. Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC).

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PYMNTS

APRIL 28, 2017

Although it’s still in its infancy stage of being used outside of the financial arena, blockchain technology is slowly showing signs of impacting other industries. On the tip of everyone’s tongue in the digital advertising arena is blockchain technology.

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PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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