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Bitcoin Daily: Samsung SDS Tests Blockchain Health Claims; Bermuda To Accept Digital Currencies; CIMB Singapore Does Blockchain Trade Financing

PYMNTS

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. Technology is the future. If you look at five of the six largest companies in the world today, they are technology companies,” said Premier David Burt. “We In other news, Bermuda will now accept one-to-one U.S.

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How Payments Security Drives Digital Transformation

PYMNTS

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Jenkins also referenced the mind shift — not just the technology shift — that is accelerating the pace of innovation.

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A Digital Transformation Journey: The Humble Wallet

FICO

And I’m not alone, as many others are eagerly moving their payment information into things like Apple Wallet and Samsung Wallet for daily use. I had my phone with me and wondered if contactless payment technology would help me pay for a bucket of driving range balls. But work it did, and seamlessly at that.

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Why Credit Unions Can’t Take Member Trust For Granted

PYMNTS

face pressure to step up technological advances, where inexorable movement toward digital and consumer-focused services can foster a disconnect that, left unaddressed, will turn loyalists fickle. We’ll use that Buffett-ism as a jumping-off point to reflect on the fact that credit unions (CUs) have built strong reputations over decades.

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Commanders In Chief: For Payments Innovation, Look Beyond The Pipes

PYMNTS

The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen — and vice versa. We could have talked about real-time payments 25 years ago,” said Norton, “but then it would have been prohibitively expensive and difficult to do from the technology perspective.

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It’s A Wrap: Innovation Project 2016 Recap

PYMNTS

“Thanks to the proliferation of connected devices, software, the cloud, ever faster and more ubiquitous broadband, new technologies and the great imaginations of innovators everywhere who see a future that most can’t yet comprehend but work tirelessly to make our reality,” MPD CEO Karen Webster said on Day 1 of Innovation Project 2016.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. From creating checkout-free retail stores to eliminating concert tickets, here are 16 industries that are starting to transform with facial recognition technology. Law Enforcement.