Major Saudi ATM Provider Partners With Blockchain Identity Platform

Saudi ATM provider Alhamrani Universal and blockchain firm ShoCard will jointly develop a new type of ATM combining blockchain and biometrics technologies. Saudi automated teller machine (ATM) provider Alhamrani Universal (AU) has collaborated with blockchain identity platform ShoCard to develop a blockchain-based biometric ATM, according to a press release published on Feb. 27. The collaboration […]

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‘Payments Four Times Faster Than Visa’: Network Fights Low Speeds and Threat of Lost Funds

sponsored A new global blockchain finance infrastructure will allow users to recover their private keys – ensuring they “never lose their funds.” Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many business networks around the world – inconveniencing merchants, their customers, and even the […]

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China: Insurance Giant Ping An, Sanya City Gov’t to Build ‘Smart City’ with Blockchain

A “Smart City” with key technologies such as blockchain and AI will be developed by the Sanya municipal government and Chinese insurance holding Ping An Group. China’s Ping An Insurance Group, one of the world’s largest insurance corporations, and the Sanya municipal government signed a strategic cooperation agreement for “Smart City” construction. The new project […]

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Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform

Hitachi Payments has partnered with the State Bank of India to establish a nationwide digital payments platform. Hitachi Payments has partnered with the State Bank of India (SBI) to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government’s “Digital India” campaign, Hitachi […]

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Gates Foundation to Partner with Ripple and Coil to Support ‘Pro-Poor’ Payment Systems

The Bill and Melinda Gates Foundation will partner with Coil and Ripple to implement Interledger and develop “pro-poor” payment systems on its mobile platform Mojaloop. The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller […]

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Ahead of Traditional Banking: How Africa Employs Blockchain For Financial Inclusion

Sierra Leone is set to create a national, blockchain-based credit bureau. On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the […]

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Authentication and the Blockchain: Digital Wallet Security, Biometrics & Cryptocurrency

As investments in cryptocurrency have grown in popularity, and value, security breaches have increased in parallel, with millions of dollars in Bitcoin and other digital currencies stolen from digital currency wallets around the world. In a fintech environment, there are numerous standards that are followed to maintain a level of data security to protect people’s assets. […]

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Airport Biometrics Tech Not Quite Ready For Prime Time

A new report revealed that Homeland Security’s face scanning airport security program is facing “technical and operational challenges” and might not be ready to launch nationwide by its estimated completion in 2021. Homeland Security’s inspector general said that while Customs and Border Protection (CBP) is making “considerable progress” in launching the airport scanning facial recognition […]

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Emergent Technology Invests In Trust Stamp To Verify Identities

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. 25) that it has made a strategic investment in T Stamp Inc. In a press release, Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities. Emergent Technology said it is […]

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