PYMNTS

SEPTEMBER 18, 2019

a platform that will help develop a center of AutoMobility innovation via partnerships for new technologies and/or business models. In other news, Opolis has revealed that it received a grant from MakerDAO that will be used to integrate its Dai cryptocurrency into its decentralized employer ecosystem for payroll and benefits.

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Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

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PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. The design phase is underway, with testing to begin in Q2/Q3 2019.

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PYMNTS

DECEMBER 3, 2020

Catastrophe breeds innovation — at least in terms of new business concepts. And in a roundtable with Karen Webster, five panelists from innovative companies — and one investor who gave insight into what he looks for when funding such firms — said digital-first should be the guiding light in backing nascent business ventures.

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PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months.

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PYMNTS

JULY 17, 2019

“They leapfrogged all the traditional mechanisms and went straight to mobile adoption and biometrics , and that has a significant impact on how the digital identity market operates there, how people respond to it, and what their expectations are,” Cohen told Webster. But looking globally, a fragmented landscape frames the debate.

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PYMNTS

MAY 6, 2019

The notion that Facebook is going to launch and ignite a global payments network, at scale, based on its own branded cryptocurrency and achieve global merchant and consumer acceptance is as likely as the predictions a decade ago that bitcoin and blockchain would, by now, become the internet of money. A Cryptocurrency Play in Three Acts.

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PYMNTS

JUNE 18, 2019

The endless speculation over Facebook ’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. At some point, they will be asked to kick in few bucks to fund its operation and get it off the ground. The New Cryptocurrency — Libra. Or does it?

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. With an estimated population of just 5.47

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Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. And it doesn’t appear that either will have those capabilities anytime soon.

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Vitalik Buterin

AUGUST 26, 2018

However, in the longer term, I do think that as blockchains become more and more mature, layer 1 will necessarily stabilize, and layer 2 will take on more and more of the burden of ongoing innovation and change. That is, suppose that the blockchain state has regions A and B, where few or no nodes are processing both A and B.

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Gonzobanker

DECEMBER 19, 2022

Let’s see how this new scale allows for big investments in future innovation. Since taking the reins at MSUFCU in 2015, Clobes has more than doubled the size of the credit union, started a successful service organization (the Reseda Group), built an innovation center (The Lab), and started development of a new digital platform (Nextly).

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PYMNTS

JANUARY 26, 2019

Larger industrial, agricultural operations – think Dole – have a much easier time selling their excess or imperfect products than smaller and mid-size farms. To date, bitcoin has not supplanted fiat currency, unless one happens to be operating as a cybercriminal. That supply line is notably very uneven. That didn’t happen.

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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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NCR

AUGUST 18, 2017

It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector. Forecasts about medium-term cost savings of key operations are promising. Significant savings to be made. The hurdles to be overcome.

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CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. The largest fintech deal SoftBank has backed in 2021 is cryptocurrency exchange FTX ’s $900M Series B-II in July. Investments into e-commerce appear to be more regionally focused than other industries. Retail & consumer. First name.

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PYMNTS

JANUARY 23, 2018

In the path of FinTech innovation, many expect the inevitable demise of the paper check. The result is a neglected stack of scanners in a corner of a storage room or rucked away in an operations area, with no way to assess the value of that inventory and what can be repurposed.”. Twenty-two billion are issued in the U.S.,

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FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations.

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PYMNTS

APRIL 6, 2018

Bicycles in their modern form became common in the early 20th century, making them a brilliant innovation that had the misfortune of showing up on the scene shortly before a slightly better one rolled out: the automobile. It also operated dockless pedal-assist bikes in Washington, D.C. and Sacramento. Tough sledding for a marquee name.

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FICO

MARCH 6, 2020

In 2014, I joined Tonbeller as Head of Sales & Channel Operations and became Management Board member shortly thereafter. It is the culture that ensures that employees operate within the prescribed risk appetite and limits and conduct in a way that will neither cause damage to the client nor the institution’s reputation.

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CB Insights

MARCH 8, 2018

The UK, in particular, has seen the most challenger bank activity compared to other regions, as a result of progressive regulations enacted to promote competition and break up the banking monopoly. The most viral product Revolut has launched to-date is a cryptocurrency exchange. As of February 2018, Revolut reports it has 1.5M

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Tomorrow's Transactions

FEBRUARY 15, 2016

Are central banks artefacts of the Industrial Revolution, like canal networks or newspapers, or are they indispensable to the operation of the modern economy? The report notes digital that digital currency does not mean cryptocurrency or require the distributed ledger, there a plenty of existing technologies that could do the job.

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