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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. The effect will be to eliminate the need for manual tasks for those functions.

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts.

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Can Technology Save Bank Branches?

Bank Innovation

PREMIUM - When was the last time you went to your bank branch to deposit money? Still thinking? That's because most of the daily banking activity has shifted from branches to the smartphone. But that's not to say people don’t use bank branches at all. They do, but not for the same reasons as they […].

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Korea’s Top Crypto Exchange Joins Blockchain Procurement Project

PYMNTS

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. Blockchain is a core platform to fuel our digital transformation.”.

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Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). Reducing returns, transferring medications to other stores, and reducing costs are all vital parts of improving business operations for our customers,” Harvey said.

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B2B Investors Go Big For Autonomous Fleet

PYMNTS

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

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Investors Pick AI, Treasury As Top Funding Targets This Week

PYMNTS

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. SMB Banking.

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