Fintech News
FEBRUARY 14, 2024
The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).
PYMNTS
NOVEMBER 19, 2020
In the announcement, Rapyd identified a growing number of alternative payment methods, including real-time payment networks, that increase demand for fraud mitigation capabilities without forcing customers to change the method with which they make a payment. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.
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PYMNTS
SEPTEMBER 18, 2018
trillion by the Asian Development Bank – could be reduced by $1 trillion if distributed ledger technology (DLT) sees greater adoption by industry participants. Information on companies’ payment histories, delivery performance, reliability and other factors can all play a key role in mitigating trade finance risk.
PYMNTS
SEPTEMBER 10, 2019
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.
PYMNTS
JUNE 13, 2019
For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.
PYMNTS
FEBRUARY 11, 2020
“Traditionally, financiers had to take various methods to try and mitigate fraud,” Tarone noted. The technology, along with smart contracts , also enables the automated execution of certain processes: For instance, a payment can be automatically released only when certain criteria are met pertaining to the delivery of goods.
PYMNTS
JANUARY 24, 2018
It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain?
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