The Paypers

DECEMBER 9, 2021

Crystal Blockchain has released its bi-annual report Crypto & DeFi Hacks & Scams Report which shows a theft of approximately USD 12.1 billion worth of crypto assets in total between 2011-2021.

Scams

CB Insights

SEPTEMBER 21, 2017

Blockchain technology — cryptographically-secured, distributed ledgers — has existed for nearly a decade but is just now emerging as a viable solution in healthcare. Last month, Alibaba partnered with the city of Changzhou, China to launch the country’s first application of blockchain technology in the healthcare sector.

Blockchain

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank

PYMNTS

APRIL 16, 2020

Santander had been considering a FinTech payments platform but intended to launch using a blockchain technology developed by Ripple, creator of the U.S. Instead, it introduced One Pay FX in 2018, a blockchain service for existing Santander customers. XRP cryptocurrency.

FinTech

PYMNTS

DECEMBER 2, 2018

percent loss is bitcoin’s worst month on record since August 2011. And Pundi X is partnering with Singapore-based Quantum Asset Management to launch a $100-million blockchain fund in January 2019. Function X aims to extend the uses for blockchain to include sending and publishing data in a decentralized way without intermediaries. “We

Bitcoin

Fintech News

FEBRUARY 5, 2024

Year-on year (2011 – 2023) fintech VC, PE, and M&A activity in Singapore in US dollars (billion) The slowdown was especially pronounced in the second half of the year, with funding falling by 64 percent, from US$1,455 million across 102 deals to US$747 million across 87 deals. This marks a 68 percent decrease from the US$4.4

AI

PYMNTS

OCTOBER 30, 2018

MediXserve is working with the Ateneo de Manila University in the Philippines in an effort to make the first blockchain research and education lab in the country, Cryptovest reported. It will also involve various verticals, from FinTech to healthcare and artificial intelligence (AI).

Acquirers

PYMNTS

MAY 23, 2019

Federal authorities are investigating a group that reportedly includes the former chief executive of Riot Blockchain — although it is unknown which companies and what activities are being looked into. The ruling is in response to a case centered on blockchain startup founder Noam Copel and the Israel Tax Authority.

Bitcoin

PYMNTS

OCTOBER 7, 2020

According to a 2019 International Monetary Fund study , bitcoin has morphed since 2011 from being a “niche medium of exchange for the tech community” into “the currency of choice for drug dealers conducting transactions on a Dark Web” via platforms like Silk Road. The Dark Web Likes Bitcoin, Too .

Bitcoin

PYMNTS

FEBRUARY 7, 2019

food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011. Fields isn’t convinced, however, describing AI and blockchain as the technologies that are merely “in vogue” today.

Compliance

PYMNTS

DECEMBER 27, 2018

resulted in approximately $772 million in savings between 2011 and 2016, according to the U.K.’s the European Union’s Blockchain Forum recently noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize. s Government Digital Service, the report said. Outside of the U.K.,

Governance

PYMNTS

AUGUST 15, 2019

Founded in London in 2011, TransferWise operates in Argentina in partnership with Nubi , a FinTech company associated with Banco Comafi. In January, Visa launched a new ePayment processing system in Argentina called VisaNet, which is at the forefront of blockchain adoption.

Cross-Border

PYMNTS

JULY 22, 2019

Rawashdeh had technology leadership roles with eBay from 2003 to 2011 before heading over to Twitter to serve as vice president of infrastructure operation engineering at Twitter. We are sponsors of this, in part, because crypto and blockchain, in particular, have great promise,” said Wenig. “A

Blockchain

Fintech News

APRIL 8, 2024

Through discussions on blockchain, digital wallets, and non-fungible tokens (NFTs), Money20/20 Asia 2024 will illustrate how technology reshapes value, ownership, and investment paradigms. Virtualization, heralding the future of finance, will take center stage.

FinTech

PYMNTS

JUNE 18, 2019

The New Rails — The Libra Blockchain. The Libra ecosystem consists of new rails, the Libra Blockchain, built by Facebook engineers, and the introduction of a new programming language, Move, designed to make it more efficient and more secure for developers to create new payments and financial services applications that run on top of it.

Payments

PYMNTS

DECEMBER 3, 2018

Though the outcome has been long speculated and hinted at, Overstock made it official this week, announcing it will be selling off its retail business in the next few months as it gears up to focus full-time on its blockchain initiatives. We think we’ve got cold fusion on the blockchain side.”. That compares to $22 million in 2017. “I

PayPal

Finovate

NOVEMBER 5, 2024

Wise has been facilitating cross-border money transfers since it was founded in 2011. Wise, however, currently does not use stablecoins and has not implemented blockchain technology into its operations. .” The bank also plans to expand the service to include more currencies, as well as into more markets.

Cross-Border Payments

Finovate

JUNE 6, 2024

Hours after I published a piece mourning the lack of application of the blockchain in fintech, I get to report on some news that proves me wrong. ” Bitstamp launched its crypto exchange in 2011 and currently has more than 5 million retail and institutional customers. and welcome institutional customers to Robinhood.”

Digital Currency

Fintech Labs Insights

JANUARY 12, 2017

What blockchain trends from 2016 are worth watching for follow-through in 2017? Here are five blockchain players to keep an eye on as the new year begins. It is remarkable that a company that is more than 100 years old (“International Business Machines”) is one of the leading innovators when it comes to the blockchain.

Blocks

PYMNTS

MAY 6, 2019

The notion that Facebook is going to launch and ignite a global payments network, at scale, based on its own branded cryptocurrency and achieve global merchant and consumer acceptance is as likely as the predictions a decade ago that bitcoin and blockchain would, by now, become the internet of money. Not a crypto or blockchain rail in sight.

Online and Mobile Banking

PYMNTS

DECEMBER 9, 2019

The report projected that — assuming governments back cryptocurrencies, and that consumers want those same cryptos — there would be 200 million blockchain wallet users in 2030. That means that 69 percent of the world’s population now has a bank account or something similar, up from 62 percent in 2014 and 51 percent in 2011.

Multi-Currency

PYMNTS

DECEMBER 9, 2019

The report projected that — assuming governments back cryptocurrencies, and that consumers want those same cryptos — there would be 200 million blockchain wallet users in 2030. That means that 69 percent of the world’s population now has a bank account or something similar, up from 62 percent in 2014 and 51 percent in 2011.

Multi-Currency

Finovate

JULY 12, 2024

ACI Worldwide made its Finovate debut at FinovateFall 2011 in partnership with MShift. If you are in Malaysia toward the end of the month, and have an interest in how fintechs in the country are innovating with blockchain technology, then you are in luck.

ISO 20022

CB Insights

MARCH 4, 2019

In 2011, Peter Thiel famously quipped, “We wanted flying cars, instead we got 140 characters.”. Blockchain Verification. Blockchain verification could help address this. While in its earliest stages, automakers like Toyota are developing a blockchain verification system for the automotive supply chain. 300+ items.

Verification

Neopay

JULY 18, 2024

billion between 2011 and 2014. Challenges for Financial Organizations: Cryptocurrency and blockchain were the most significant challenges for financial organizations in 2022, according to 21% of professionals. Russia: In 2022, the Atlantic Council estimated that wealthy Russians had about $1 trillion of illicit money hidden abroad.

Money Laundering

CB Insights

JULY 19, 2017

Founded: 2011. ” Their experts have partnered with about 500 startups a year since opening the first foundry in 2011; their newest facility opened in Houston in 2016. Founded: 2011. Citi’s globe-spanning network of innovation labs is designed to speed up work on disruptive products and technologies like IoT and blockchain.

Innovation

PYMNTS

FEBRUARY 29, 2016

From a heightened use of mobile banking solutions, to more evidence of paper check abandonment, to the potential fiscal impact of the blockchain for banks, this week’s data was all about FIs and their corporate clients shaping the way money moves between firms. We break down all the numbers below. $1

Commercial Card

PYMNTS

NOVEMBER 28, 2016

corporates over the last five years, a 25 percent increase between 2011 and 2016, according to alternative lender Funding Options. 36 members of R3 are eyeing a $59M investment in the blockchain consortium , but it may not be cause for celebration: It’s less than half of what R3 had hoped to raise.

Office of the Comptroller of the Currency

PYMNTS

MAY 24, 2019

BitPay was founded in 2011, and in April of 2018, the company closed a $40 million Series B round. “We “We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president of AT&T Communications Finance Business Operations, in a statement. “We

Bitcoin

PYMNTS

JANUARY 26, 2018

All in, between 2011 and November 2017, more than 980,000 bitcoins have been hacked out of exchanges — two-thirds of which came out of Mt. Gox are mostly unregulated and thus a popular target for enterprising cybercriminals who find them much more attractive for their million- and billion-dollar heists than banks. Gox alone.

Bitcoin

Fintech News

MARCH 26, 2024

7 New Street Tech (India) Founded in 2017 and headquartered in Bangalore, Karnataka, India, New Street Tech leverages blockchain and other new-age technologies to create and operate high-tech ecosystems with expertise across banking, microfinance, payments, and technology. #8

FinTech

CB Insights

AUGUST 14, 2018

Bitcoin/blockchain. Gox scandal, price volatility, and an increasing concentration of mining activity in China — but even with these challenges it’s still the leading decentralized currency and has spawned financial industry interest in applications of its underlying blockchain ledger tech. .” .” 9.

Bitcoin

PYMNTS

JUNE 22, 2018

Nakamoto was last heard of in the spring of 2011 and was said to have “moved onto other things.”. He (or she … or groups of people), invented bitcoin and published a paper about it in 2008. For years, Nakamoto worked with people, allegedly, but never made an identity known.

Bitcoin

PYMNTS

DECEMBER 8, 2017

At least 36 heists have been perpetrated against cryptocurrency exchanges since 2011, most notably the 2014 collapse of bitcoin market Mt. The attack against NiceHash highlights the digital security issues and risks associated with investment in cyber-based currencies, particularly as they continue to grow in value.

Bitcoin

CB Insights

SEPTEMBER 27, 2017

These mobile games are “candidly disposable from a consumer standpoint,” said Nintendo president Reggie Fils-Aime, speaking in 2011. Bitcoin/blockchain. ” 10. Bitcoin has had its share of troubles — including the Mt. A few like Tezos which raised $230M have raised upwards of $200M.

Bitcoin

Ikajo

JANUARY 22, 2022

It started its operations in 2011. The company believes in a bright future of blockchain commerce. Merchants can get the funds in either EUR or cryptocurrency. Bitpay This payment service provider stands at the forefront of this payment technology. At that time, bitcoin only started to captivate the minds of advanced users.

Payment Gateways

Fintech Labs Insights

AUGUST 3, 2016

Peter Smith, CEO and cofounder of Blockchain. Founded: 2011. Founded: 2011. FinovateSpring 2008 demo. Funding: $30 million. FinDEVr Silicon Valley 2014 presentation. Usman Khan, CTO and cofounder of Algomi. Founded: 2012. Funding: undisclosed. FinovateFall 2014 demo. Nick Hungerford, CEO and founder of Nutmeg. Funding: $46.6

FinTech