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Is Blockchain The Next Wave For Digital IDs In Europe?

PYMNTS

At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments and … well , seemingly any exchange of value and information that one might envision.

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13 Orgs And Corporate Giants Testing Out Blockchains And Distributed Ledgers

CB Insights

people around the world without legal forms of ID. Built on a private Ethereum blockchain, the participating banks will be able to anonymously cross-reference Legal Entity Identifier (LEI) data. Member banks will be able to quality-check their data on legal entities and better comply with the new rules.

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Meet the 18 Finalists for the 2024 Global Fintech Hackcelerator

Fintech News

The shortlisted teams, comprising fintech firms and solution providers from regions including Australia, India, the United States, and Kenya, have presented proposals utilising technologies like Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) to enhance financial well-being and resilience in today’s evolving economic landscape.

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Credit Unions Find Opportunity In Payments Disruption

PYMNTS

In addition, a recent advisory notice from the National Credit Union Administration highlighted credit unions’ opportunity in servicing hemp and legal marijuana businesses around the country, as large banks continue to shun the market amid regulatory uncertainty. According to Biz2Credit , credit unions in the U.S.