7 European Banks Form Blockchain Consortium For SMEs
A #consortium of seven #European #banks will use #blockchain #technology to provide trade finance for #SMEs.
Financial Technology
A #consortium of seven #European #banks will use #blockchain #technology to provide trade finance for #SMEs.
Financial Technology
#PayPal #launches its first cash-back #credit #card called PayPal #Cashback MasterCard in the U.S. exclusively for PayPal members in a effort to increase usage in online and physical stores. The card will be issued by Stamford-based Synchrony Bank, which has partnered with PayPal since 2004. The card offers 2% cash back on all purchases, with […]
Bank Innovation
EXCLUSIVE – #Accounting #software company, #Tipalti launched a ‘#touchless’ AI-driven #invoice management service enabled by using OCR and machine learning. This Touchless Invoice Data Capture and AI-Based Approval Routing #technology is now available on its payable platform. The feature enables invoices to be automatically documented, processed and approved without intervention by a accounts payable person. For […]
Bank Innovation
ATM card skimming has grown into a multi-billion dollar fraud; now FIS #Mobile offers a way to obtain cash without inserting card into the ATM/
Financial Technology
EXCLUSIVE — Online receivables provider #Autobooks is currently developing a #prototype for the point-of-sale. Businesses will be able to use this in addition to the payment and treasury service solutions the company currently provides, Jake L’Ecuyer, head of strategic initiatives for Autobooks, told Bank Innovation. This system will nicely augment the integrated receivables platform Autobooks […]
Bank Innovation
The Securities and Exchange Commission issued an “#investor #alert” to warn potential investors about ICO #scams. The warning, issued yesterday, notes that “fraudsters often try to use the lure of new and emerging technologies to convince potential victims to invest their money in scams.” Specific to Initial Coin Offerings, which have recently risen in popularity […]
Bank Innovation
Recognizing the need for tech-powered solutions, #KPMG will work closely with #Microsoft in both consulting and audit, including Azure-enhanced tools.
Financial Technology
EXCLUSIVE – Atlanta-based #InComm #Holdings and #American Express will #meet today to discuss next steps for their recently announced #partnership on Amex’s #prepaid card business, InComm President Phil Graves told Bank Innovation. Graves declined to disclose details of the meeting, but said the goal is to map out ways to enhance the existing products of […]
Bank Innovation
EXCLUSIVE — Point of sale financing provider, #Blispay is looking at partnerships as its next phase of growth. Founded in 2014, Baltimore-based Blispay provides point of sale financing for customers of small and medium-sized merchants. BlisPay’s CEO, Greg Lisiewski, told Bank Innovation that as the company focuses on scaling itself and adding more merchants to its […]
Bank Innovation
#Linux Foundation’s #blockchain collaboration has a #production–#ready #Fabric 1.0, with more features to come.
Financial Technology
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