Technology

The Advantages of a Faster Blockchain for Global and Financial Institutions

Blockchain technology is becoming increasingly integrated into the mainstream, beyond the popular cryptocurrency market. Even traditional financial institutions, banks, investment companies, etc.

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Payment Processing Security: Reducing Fraud for Merchants and Customers

Payment fraud is bad for everyone. For cardholders, payment fraud is an inconvenience and unnecessary expense; it means they must cancel their cards, acquire new ones and sometimes spend hours arguing about certain charges with their card companies.

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Blockchain Payments Need to ‘Tip the Scales’

While interoperability is vital to blockchain payments’ success, another critical area for growth in the industry is scalability. It simply won’t be possible for enterprises to build a healthy and functional ecosystem around the technology without scale.

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Beyond Cryptocurrency: Hardware Wallets as Blockchain Infrastructure

The right kind of wallet can be used to store data and authenticate transactions beyond cryptocurrency. Hardware wallets are a significant cornerstone of cryptocurrency’s budding history. They first arrived on the scene in 2014, when a combination of circumstances ripened around their creation.

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Chasing the Digital Dream: Can Banks Catch Up With Consumers?

The banking industry’s digital ambitions don’t match consumers’ digital perceptions. Two decades into the digital age and many consumers are still dialing their phones to talk to humans. A new study from Gartner reveals significant gaps when it comes to making digital experiences easy.

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When Shopping Online, Credit Cards Are King

The Credit Union Journal recently published an article on the growth of credit card lending at credit unions, which reached $59.8 billion in August 2018, up 8% from a year earlier and reaching pre-recessionary levels, according to the latest Credit Union Trends report published by CUNA Mutual Group.

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How Digital Currencies Will Shape the Future of Geopolitics

Just as oil and uranium have been used for years as tools of geopolitics, national cryptocurrencies and blockchain will be used in the future arms race to the next global reserve currency.

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What Senior Finance Executives Think About Payments Security

A WEX survey of more than 1,000 CFOs and senior financial executives from the U.S., Europe and Asia/Oceana revealed that for this group, security is paramount in payments solutions or platforms. Security both of information and settlements is raised by executives as a concern in multiple aspects of payments processing.

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How the Blockchain Will Impact the Financial Sector

Cryptocurrencies and their underlying blockchain technology are being touted as the next-big-thing after the creation of the internet. One area where these technologies are likely to have a major impact is the financial sector.

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Chase Card Services President on Why It’s Time for Cards to Tap and Go

How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic. To that end, Chase, the largest card issuer in the U.S., said Wednesday (Nov. 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio.

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People Prefer Small Banks and Credit Unions, but the Clock Is Ticking

Research reveals a sobering assessment of the challenges community banking providers and smaller institutions face with respect to their digital capabilities. Experts weigh the results and offer advice.

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Cross-border Payments Is One of the Hottest Issues in Blockchain Banking

As shown by the proliferation of Bitcoin and the wave of innovation that followed, blockchain technology can be applied to many different industries to make processes more efficient. But, among the most important to the needs of a global population, is banking.

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