Search results for "blockchain"

July 21, 2024
NYDFS Bolsters Crypto Oversight with Dubai Regulator Veteran

New York’s financial watchdog has appointed Kenneth Coghill, a former high-ranking official from Dubai’s financial regulator, as the new deputy superintendent of virtual currency at the New York State Department...


July 18, 2024
Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack

Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond our control, but we are...


July 18, 2024
Physical Cards: The Unexpected Frontier in Digital Security

Dr. Adam Lowe, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We cannot introduce friction.” But the...


July 17, 2024
Report: State Street Considering Several Blockchain-Based Projects

State Street is reportedly looking at a number of options for settling payments on blockchain. The financial services and banking firm is considering creating its own stablecoin, creating its own...


July 17, 2024
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps...

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized consensus mechanisms to secure transactions....


July 15, 2024
Tencent Cloud and PlaysOut Partner on Embedded Services for Super...

Tencent Cloud and PlaysOut have unveiled a collaboration on embedded services for super apps. PlaysOut, a global gaming technology company, will leverage the Tencent Cloud Mini Program Platform (TCMPP) to...


July 15, 2024
Visa and Wirex Partner on Digital Currency Use in Europe,...

 Visa has teamed with WireX to promote the use of digital currencies in Europe and the UK. “This collaboration will explore new opportunities to leverage and integrate innovative Visa cards...


July 12, 2024
JPMorgan and Standard Charters Back Blockchain Rails Firm Partior’s $60...

Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement....


July 12, 2024
Winning Top Of Wallet: How Financial Institutions Compete in the...

Past performance doesn’t always guarantee future results, but it can inform them. That’s particularly evident when it comes to the payments and commerce landscape, which has witnessed a sea of...


Why Public-Private Collaboration Is Key To Blockchain Adoption

Nine in 10 of the world’s central banks are pursuing digital currency projects, but private sector expertise and buy-in will be pivotal to their success. In this month’s “Blockchain Payments Tracker®,” a collaboration with Algorand, Anish Jain, CEO of WadzPay, explains how blockchain’s interoperability with legacy banking systems is the key to its adoption.

Cryptocurrency, Blockchain And Cross-Border Payments: Selecting A Blockchain Technology Partner
Banks Help Corporates Overcome Their Blockchain Regulatory Concerns Businesses see blockchain payments technology as important to streamlining cross-border payments, but more than half worry that it comes with regulatory risks. PYMNTS’ new Cryptocurrency, Blockchain And Cross-Border Payments playbook, a Circle collaboration, surveyed 250 FIs to examine how they're using compliance and regulatory tools to ease businesses’ blockchain concerns and unlock the technology’s benefits.