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Wall Street is putting more money behind a blockchain technology which  it once dismissed as a fad. Some of the biggest companies in the financial sector have invested $30 million in Chain Inc., a San Francisco-based company that works with banks and other institutions to develop ways to trade and transfer financial assets using the [...]

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The implications of putting central bank-backed fiat currency on a distributed ledger such as Blockchain are profound. A report sets out the implications for management of an economy, the potential to reframe the decentralized consensus debate, and how such a change could assist implementation of Blockchain 2.0 technology into the capital markets. Celent has released the new [...]

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Payment innovation in the retail industry is rapidly changing, driven by consumer adoption of mobile smart devices.  Because of recent well-publicized data breaches and payment card fraud, retailers have turned their attention to the dual challenges of data security and fraud prevention, even as they try to keep up with the demands of digitally enabled consumers. [...]

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PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been produced by PCM in conjunction with American Express and written by consultancy Edgar, Dunn & Co. (EDC), has become one of the benchmark indicators of [...]

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Bitnet, an enterprise bitcoin payments processor, and PAY.ON have entered a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via PAY.ON’s RESTful API-based payment platform.   Bitnet is the first bitcoin payment processor designed specifically to service both the merchant and PSP ecosystems. Founded and staffed by a team [...]

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