CB Insights

DECEMBER 21, 2018

Blockchain technology, however, offers promising solutions to solve these challenges and bring down costs. Decentralized ledgers and blockchains could offer robust cybersecurity solutions for healthcare data, secure pharma and medical device supply chains, and remove duplicative administrative work for insurers.

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Blockchain Participant Duplicate Cybersecurity 71

CB Insights

NOVEMBER 21, 2017

Blockchain. Huge corporations — like Walmart and Pfizer — have completed successful blockchain pilots. Research Briefing: Blockchain in Review. Become an expert on what’s new and what’s next for blockchain, diving into bitcoin, ethereum, cryptocurrencies, enterprise blockchains, and a whole host of other topics.

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Blockchain Technology Bitcoin Participant 78

CB Insights

MARCH 21, 2018

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Enter blockchain technology, a cryptographically secured form of shared record-keeping. While the blockchain has been subject to extreme hype, its true killer applications are likely to be in some of the most antiquated fields out there.

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Blockchain Audit Process Risk 78

PYMNTS

APRIL 7, 2019

The list ranks Coinbase — the only crypto or blockchain firm on the list — at number 35, while JPMorgan comes in at number 44. In other news, Barclays , Royal Bank of Scotland ( RBS ), and blockchain firm R3 announced that they have completed a blockchain trial to enable faster property transactions. employers for 2019.

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Blockchain Bitcoin Duplicate Reconciliation 68

PYMNTS

JUNE 5, 2018

Blockchain probably won’t solve all the world’s financial problems, as devoutly as innovators and enthusiasts may hope and believe that it can. Esther Pigg, SVP Product Strategy of FIS , says blockchain’s potential benefits will instead be discovered gradually, and will change the industry even more gradually. Use Cases For Blockchain.

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Blockchain Cross-Border Cross-Border Payments Use Case 61

PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain.

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Blockchain Duplicate Process On-Demand 52

Fintech Review

NOVEMBER 19, 2023

Blockchain is one such emerging technology in the online world. Blockchain is a technology that was first created to serve as the foundation for cryptocurrencies like Bitcoin. In this essay, we’ll examine blockchain technology and how it affects SEO. Blockchain is fundamentally a distributed, decentralized ledger system.

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Blockchain Technology Microtransactions Duplicate 52

PYMNTS

APRIL 4, 2018

MonetaGo is rolling out India’s first blockchain network, a solution aimed at addressing the risk of fraud in the trade finance market. This often occurs when suppliers send duplicates of the same bill to multiple funding avenues, reports in American Banker noted.

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Blockchain Duplicate Finance Blocks 47

PYMNTS

SEPTEMBER 2, 2019

HSBC has issued its first yuan blockchain-based letter of credit transaction, Reuters reported. In other news, the Sierra Leone government will fully adopt a blockchain-enabled national identity system by the end of this year. The first phase is complete, while the latter phase is expected to be finished by the end of this year.

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Blockchain Non-Bank Duplicate Bitcoin 57

PYMNTS

JANUARY 7, 2020

And R3 , the enterprise software vendor, has earned a patent for a record system based on the blockchain that is meant to bring greater efficiency to corporate information sharing, Coindesk reported. R3’s patent is built on the private blockchain.

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Disputes Blockchain Duplicate Bitcoin 53

PYMNTS

OCTOBER 17, 2018

Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, says it has reached the next phase of its “Silsal” project, which is the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium.

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Blockchain Bitcoin Gateways Duplicate 51

PYMNTS

JULY 5, 2018

It seems that blockchain may never leave the lab and enter the real world. And, indeed, this week’s Blockchain Tracker continues its coverage of ongoing tests and trails of blockchain solutions. “Traditional KYC processes are complex and often duplicative,” said R3 in its announcement, according to CoinDesk.

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Blockchain Distributed Ledger Technology (DLT) Cross-Border Finance 47

The Fintech Times

DECEMBER 19, 2024

Remote work has weakened traditional security, requiring secure systems and innovative solutions like decentralised finance and blockchain for transparent vendor transactions. “With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules.

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Automation AI Fraud Prevention Deepfake 59

PYMNTS

FEBRUARY 21, 2017

Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of the most manual and least secure corporate payment technologies in use today, it could be a good place for blockchain disruption to start.

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Checks Blockchain Central Bank Duplicate 41

Payments Source

AUGUST 20, 2018

Because the legal cannabis industry is typically considered too high-risk for most banks and payment processors to work with, most technology solutions are designed to duplicate the familiar process of paying by card.

Legal 73

Legal Duplicate Processors Risk 73

CB Insights

DECEMBER 17, 2017

Bitcoin was built using a tech called blockchain to create a global, distributed ledger of transactions. What is blockchain technology? Become an expert on blockchain in this live briefing. We’ll provide the definitions and analogies you need to know for bitcoin, blockchain, cryptocurrencies, and more. First Name.

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Bitcoin Blockchain On-Demand Database 76

The Fintech Times

MAY 2, 2024

Tracking emissions and tackling greenwashing Fils also explained that its infrastructure employs blockchain technology to accurately track emissions and carbon credits – a technique that hopes to help eradicate greenwashing. This approach prevents the duplication of credits and ensures clear transparency.

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TPS Card Issuer Duplicate Blockchain 69

The Paypers

APRIL 23, 2021

UAE has rolled out a blockchain-based trade finance platform with the intent of stamping out fraud and financial crime risks such as duplicate- or under- invoicing, according to Gulf News.

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Blockchain Duplicate Financial Crimes Finance 28

PYMNTS

JUNE 3, 2019

Last April , both Quest and UnitedHealth said they were part of a pilot program involving blockchain and healthcare data management. Under the terms of the pilot, blockchain was to be used with the hopes of improving data quality while reducing administrative costs focused on healthcare provider demographic data.

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Compromise Identity Theft Data Breach Breach 53

PYMNTS

OCTOBER 18, 2019

Blockchain Mitigates Risk. With a new factoring solution having completed its pilot testing, dexFreight is turning to blockchain and smart contract technology in an effort to lower the cost of invoice financing. According to dexFreight, blockchain and invoice tokenization has led to factoring rates under 1 percent.

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Blockchain Duplicate Mitigation Risk 41

PYMNTS

FEBRUARY 3, 2020

It’s a two-way data connection reflecting the close relationship between HR and payroll, and targeting the burden of duplicate data entry that so often impacts HR and payroll departments. Unlocking Data, Unlocking Opportunities.

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Payroll Payment APIs and Integration Faster Payments Due Diligence 73

PYMNTS

FEBRUARY 11, 2020

One of the most promising tools in this space, according to Tarone, is blockchain. The opportunities for blockchain are significant in areas like managing high volumes of trade documents, with distributed ledger technology (DLT) able to promote the validity of documents with significantly less risk of duplication or data tampering.

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Finance Technology Cross-Border Distributed Ledger Technology (DLT) 53

PYMNTS

DECEMBER 31, 2019

Duplicate payments negatively affect cash flows and create new challenges when firms work to recover payments, and this lack of control can leave AP departments vulnerable to fraud. More than 40 percent are interested in same-day ACH, and over 30 percent are interested in blockchain technology.

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Process Innovation Same Day ACH B2B 61

PYMNTS

FEBRUARY 22, 2019

20), it was reported that MUFG was testing blockchain technology to digitize the paper check. Of course, we can digitalize checks without blockchain, but blockchain has very powerful features,” he said. On Wednesday (Feb. Accelerated settlement times, he said, is just one argument for digitizing the paper check. “Of

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OCC AML Office of the Comptroller of the Currency BSA 43

Payment Savvy

MAY 12, 2023

Common Issues with Manual Payment Processing Manual payment processing can be time-consuming and prone to errors, resulting in duplicate payments, overpayments, and late payments. Common issues with manual payment processing include: Duplicate payments.

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Automation ACH Payments Duplicate 52

PYMNTS

JANUARY 3, 2020

In an effort to foster that trust, SOLV recently announced a partnership with MonetaGo , which is integrating its blockchain-powered Anti-Fraud Network within SOLV’s existing invoice finance offering.

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Financial Inclusion On-Demand FinTech Small Business 48

PYMNTS

DECEMBER 19, 2016

There’s safety in the fact that “nobody is going to go duplicate your portion … Nobody will steal it from you.”. Should a user have 0.742 bitcoin translating into $74.20 (this is a hypothetical example), then the user can go right on the blockchain and see that that amount is contained in the corresponding individual account.

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Bitcoin PayPal Duplicate Cryptocurrency 64

Nanonets

OCTOBER 9, 2024

Blockchain technology: Some verification systems adopt blockchain for secure, tamper-proof record-keeping.   Flag duplicate bank statements You can set up different validation rules to ensure no duplicate files.

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Verification AI Reconciliation Payment APIs and Integration 52

CoinRemitter

JULY 5, 2024

Ethereum holds a very important position in the blockchain and decentralized applications space. It speeds up processing at lower fees by bundling transactions before adding them to the Ethereum blockchain. One manager provides proof, ensuring consensus without duplicating computations across validators.

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TPS Transactions Duplicate Security 40

PYMNTS

JULY 10, 2018

Workers could incorrectly report a site they were meant to visit but hadn’t, or wastefully duplicate efforts by repeatedly documenting the same information.” Handwritten paper documents can also be easily lost and difficult to read,” is how Jobsite put it in an article arguing for more of a move away from paper-based documentation.

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Ubiquitous Duplicate Payroll Credit Cards 42

PYMNTS

JANUARY 31, 2018

Second, there are no duplicates, because the world wide web is, well, worldwide. Cooke believes cryptocurrencies and blockchains don’t — and can’t — scale well in the payments space due to processing speed, liquidity issues and volatility in the market.

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Cross-Border Cryptocurrency Acquirers Due Diligence 46

PYMNTS

MARCH 5, 2018

The funds are slated to help develop the Telegram Open Network blockchain network and bolster efforts with the company’s messaging and platform. The joint efforts, according to reports, would cut down on duplicative activities and reduce some regulatory burden for financial firms. Might this be a last hurrah?

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Consumer Financial Protection Bureau (CFPB) Request for Information Bitcoin Cryptocurrency 49

Fintech Labs Insights

DECEMBER 18, 2015

This week we learned that distributed ledger technology from Ripple is driving a blockchain-based invoice trading platform built by Standard Chartered Bank , DBS Bank, and the Infocomm Development Authority of Singapore. Pictured: Ripple CEO Chris Larsen demonstrating the Ripple protocol at FinovateSpring 2013.

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Technology Duplicate Blockchain Authorization 19

Nanonets

JANUARY 17, 2024

However, as the company grew, the CFO, Alex Morgan, noticed several issues: Duplicate Claims: Employees occasionally submitted the same expense twice due to lack of proper tracking. Here's how it transformed their process: Duplicate Claims Prevention: The software now automatically flags duplicate entries.

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Payment APIs and Integration Compliance Automation Audit 52

Nanonets

MAY 31, 2023

The successful use of technology entails the use of various technologies, such as IoT, AI, blockchain, 5G, and edge computing, which help businesses optimize processes, cut costs, and enhance efficiency. The company achieved these savings by rationalizing its IT infrastructure, consolidating data centers, and automating manual processes.

Automation 52

Automation Process On-Demand Innovation 52

Nanonets

FEBRUARY 1, 2024

This means they can implement new payment technologies, like virtual cards or blockchain for secure and efficient transactions. Can AP Automation Software Prevent Invoice Fraud and Duplicate Payments? It provides approvers with all the necessary information and context, facilitating quicker decision-making.

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Automation Accounts Process Multi-Currency 64

PYMNTS

MAY 15, 2017

That’s why its creator and many advocates say that bitcoin, and the blockchain technology that underpins it, doesn’t need regulation — the transparent source of truth that all can see transcends the need for an intermediary or a regulator to intervene. It also puts the FinTech community in something of a bind.

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Bitcoin Ransomware Multi-Currency Regulations 62