PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. In addition, the EU would work toward creating common standards for the blockchain technology that supports cryptocurrencies. “An As the European Union (EU) prepares for the U.K.’s

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PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. Pressures that can lead to market fragmentation exist.

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PYMNTS

FEBRUARY 13, 2019

South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain. Bithumb has certainly been busy.

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PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.

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Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

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PYMNTS

FEBRUARY 9, 2018

In 2017, cryptocurrency startups raised $5.6 With so many ICOs underway, one might say the cryptocurrency space has quickly grown oversaturated – or at the very least, overwhelming. The technology is still developing. Right now, people using bitcoin, Ethereum and other cryptocurrencies can’t all shop at the same place.

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PYMNTS

AUGUST 20, 2018

Automation, bots, blockchain — the deluge of technologies flooding the enterprise today can be overwhelming. Fifty percent of financial executives believe cryptocurrency will become somewhat common for business transactions in the next five years, according to a survey by Robert Half Finance & Accounting. In the U.S.,

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PYMNTS

OCTOBER 18, 2019

Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to reporting by Bloomberg. JPMorgan said it will spend upwards of $11 billion on technology this year, and Morgan Stanley said it will spend $4 billion. Dimon was speaking on Friday (Oct.

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PYMNTS

JANUARY 23, 2019

“Bitcoin keeps bouncing along in the upper $3K range, but it was unable to extend last week’s breakout above this level,” wrote Market Analyst Jani Ziedins. Demand remains an Achilles heel for all cryptocurrencies because most people have soured on this investment class, and have no interest in putting in new money.

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PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. KuCoin’s rollout comes as XRP and Ethereum are constantly vying for digital currency market cap, with XRP pulling ahead of Ethereum in November to become the number-two most valuable token.

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PYMNTS

JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. China represents what he termed a “world of its own,” marked by mature and advanced technology unseen anywhere else in the world. The Big Tech Effect.

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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. 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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PYMNTS

JULY 4, 2018

In addition, the EBA said banks might be burdened with old technology, Reuters reported. The news comes as the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region as the EU prepares for the U.K.’s s exit from the bloc next year.

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PYMNTS

FEBRUARY 20, 2019

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The newswire said that Berlin exists as a “hub” for the industry, where roughly 10 startups focus on blockchain, and end markets span energy, pharma and transportation.

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PYMNTS

MARCH 19, 2019

Integrating our technology with IBM Blockchain World Wire represents a paradigm shift for payment processors.”. Bithumb , the largest cryptocurrency exchange in South Korea, is cutting its staff by up to 50 percent, which would reduce its number of employees to around 150.

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PYMNTS

AUGUST 15, 2018

And, as the site further noted, the World Bank and the CBA are using blockchain without cryptocurrencies, reporting that “it’s fair to say that mainstream financial institutions have gone as far as divorcing cryptocurrency from blockchain, with the former seen as an unnecessary byproduct of the technology.”.

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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.”. And Ripple has announced that Yoshitaka Kitao, Representative Director, President & CEO of SBI Holdings Inc.,

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PYMNTS

MARCH 29, 2018

Migrating would save financial institutions from building their own connections and would create access to new technologies and computing developments, Parker said — which is important since many of them are running on platforms that are 50 years old. Time for an update! The startup had to increase its fundraising goal from $1 million to $1.5

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CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. We used the conventional definition of Latin America to include all countries in the following regions: South America, Central America, the Caribbean, and Mexico. Cryptocurrency. Cryptocurrency.

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PYMNTS

FEBRUARY 27, 2019

In Europe, tech firm Aave is rolling out its Aave Pay app, which lets users pay their bills through cryptocurrency, according to an announcement from the company. Customers can select a digital currency along with the amount of fiat currency they would like to use. They also enter a recipient’s International Bank Account Number (IBAN).

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PYMNTS

DECEMBER 12, 2018

They tie in to public key storage offerings, and the tech giant has said that the offerings apply to smartphones and software The site maintained that the trademarks may be tied to offering storage for cryptocurrencies.

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Gonzobanker

DECEMBER 19, 2022

TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. banks by market value.”. Thanks for elevating the pressing need for bankers to think more like marketers. The Smarter Bank Technology Award.

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PYMNTS

MARCH 20, 2019

Asked about JPMorgan Chase’s recent embrace of blockchain and crypto, he termed it a “big legitimization of the superiority of the technology, but it is a closed network. The near-term road map for Nash, beyond cryptocurrency trading, is to move to securities (amid smart contracts) as licensing and compliance is achieved for each case.

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PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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PYMNTS

AUGUST 17, 2018

21), on the “Energy Efficiency of Blockchain and Similar Technologies.” The focus will be on both how the technology might be used in the energy industry and whether “we should expect electricity prices to increase from [the] rising electricity demand in blockchain applications.”.

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PYMNTS

FEBRUARY 28, 2018

Why should organizations say “yes” to purchase order matching and “no” to cryptocurrencies? Adopting a purchase order (PO) matching process is a significant marker of maturity, according to Rob Israch, chief marketing officer for accounts payable (AP) automation startup Tipalti. Why bother making new and old systems play nice together?

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PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Take cryptocurrencies, for instance. Compliance and risk? Plugging In To Plugins.

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PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

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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. The country’s initiative is well-known for its desire to harness both technology and information to make Singapore a better place to live. “A With an estimated population of just 5.47

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PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. But a lesser-discussed market grabbed the largest investment of the week: logistics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. Data Nerds. vc and Techstars Ventures.

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PYMNTS

NOVEMBER 13, 2017

” Such was the difficulty on the Ethereum cryptocurrency network this week, when a few hundred million dollars (no specific amount has been released yet) were frozen due to a vulnerability in the wallet. We’d say, don’t bank our future on cryptocurrency – but of course we already knew that. (Peanuts and sardines come to mind.)

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PYMNTS

JANUARY 31, 2020

Instead of having to compete for that direct local payments market against incumbents like WeChat and Alipay, PayPal is starting where the needs are still felt — and if they can capture even a tiny sliver of the domestic market of a billion-plus consumers so much the better. market and it makes sense in the most basic terms.

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CB Insights

AUGUST 26, 2021

SoftBank has also backed a number of food delivery apps across regions in 2021, including India-based Swiggy , Colombia-based Rappi , China-based Dingdong Maicai (which went public in June), Norway-based Oda , and UAE-based Kitopi , a ghost kitchen that prepares and delivers food on behalf of restaurants. Fitness & wellness tech.

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PYMNTS

JANUARY 23, 2018

Steve Traut, co-owner and SVP of Sales at Superior Press , recently spoke with PYMNTS about why the company is helping banks stay up to date with technologies to help manage paper check volume, despite ongoing talk of its eventual demise. banking system, too,” the executive continued, adding that the U.S.

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Banking 2020

AUGUST 20, 2015

If the last ten years has taught us anything it’s that disruptive technologies can shift the direction of travel in a way few would expect. Cash will continue to feel a slight squeeze in developed markets, but play a stronger role elsewhere. Cryptocurrencies stick around but don’t dislodge fiat currencies.

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PYMNTS

JULY 24, 2018

As banks embrace technology in ways that are both novel and, perhaps, permanent, observers have noted that the shift toward APIs is gaining momentum. The Barclays activity, of course, follows news that American Express filed a patent of its own, which would focus on blockchain proof-of-payment technology.

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PYMNTS

JUNE 20, 2016

Today, there are more technologies than ever that can help a company gain visibility into cash flow. But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in. But poor cash flow can ultimately lead to demise.

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