Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions using an “If-This-Then-That” interface, providing greater control and flexibility over their accounts. According to a press release, the programmability allows...
Business-to-business (B2B) payments play a crucial role in the modern economy, with experts projecting a staggering $111 trillion in transactions between businesses by 2027. However, the traditional methods of payment, such as paper checks and Automated Clearing House (ACH) payments, continue to impede the progress...
EnKash has launched a 360-degree full-stack payable, receivable and reconciliation platform designed for small and medium-sized businesses (SMBs). The new Olympus platform is a plug-and-play solution that seamlessly interconnects accounting and banking software, powered by deep integration, EnKash, a smart spend management platform, said in...
Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’ research found that 95% of mobile wallet users know the bill pay features mobile wallets offer, and nearly one-quarter of...
February 01, 2024
Artificial intelligence (AI), in the form of predictive algorithms, has been around for a while. But while its impact has primarily been in the background of workflows, the emergence of generative AI has brought the technology’s impact starkly to the forefront of commerce, payments and the broader operating landscape. “With generative AI, you can now […]
June 05, 2023
Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’ research found that 95% of...
February 19, 2020
Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial and error, conducted by lone...
January 21, 2020
Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure if they were given more...
November 10, 2023
Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions using an “If-This-Then-That” interface, providing greater control and flexibility over their accounts. According to a press release, the programmability allows clients to place customized rules on their payments. For example, […]
October 11, 2022
A new study from the European Central Bank (ECB) has found that retail central bank digital currencies (rCBDCs), which could be used to allow for every-day retail transactions, will likely...
October 06, 2022
Gaming industry supplier Everi has added Prove Identity’s digital identity verification solutions to further reduce bad actors, fraudulent accounts and user friction from transactions in casinos. Everi’s Digital CashClub Wallet...
July 29, 2020
The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The platform...