Sentences with phrase «payment systems technologies»

Mastercard explained in the 2016 announcement that «accordingly, the use of traditional payment networks and payment systems technologies in combination with blockchain currencies may provide consumers and merchants the benefits of the decentralized blockchain while still maintaining a security of account information and provide a strong defense against fraud and theft.»

Not exact matches

When the POS system itself is integrated with EMV technology all payments are reconciled automatically.
Near field communication is the technology behind the new contactless payment systems.
Spend time looking at each of these trends and identify potential future problems related to wearable technology and alternate payment systems.
U.S. payment processor Total System Services on Monday said it would buy payment technology company Cayan in an all - cash deal valued at $ 1.05 billion.
Investors can participate in the potential of companies such as TIO Networks Corp. (TSXV: TNC), an expedited bill - payment processor, which recorded $ 36.5 million in revenues in 2011, an increase of almost 50 % over the previous year, and Verisante Technology Inc. (TSXV: VRS), a medical device company that commercializes cancer detection systems using a platform developed by the BC Cancer Agency.
A third is using blockchain technology — the distributed digital ledger behind Bitcoin — to make our insane medical payment system more efficient.
This report describes a joint endeavour between public and private sectors to explore a wholesale payment system based on distributed ledger technology (DLT).
Unburdened by legacy systems, we create technology that makes payments faster and more efficient.
Omise plans to open - source its mobile wallet technology, and develop a decentralized payment system using the blockchain and OMG, which Ethereum's ERC20 token standard.
Some people think it is money, others think it is a payment system, many see it as a technology protocol, and the stupid see it as a ponzi scheme.
Using this revolutionary technology, The 4th Pillar is able to provide financial security, a decentralized savings account, and a unique wallet system — while also crucially enabling instantaneous cross-border payments with low costs.
[Central banks] are supportive of these new technologies because they'll improve the payment system... but it won't affect the ability of the Fed to require a certain amount of reserves,» remarked Bernanke about a central bank's ability to curb inflation by altering interest rates.
Ripple, which has been developing private blockchain solutions for the global payments market, claims that it originally agreed to the option contract in order to encourage R3, a consortium of banks working to build a blockchain - based «operating system for financial markets,» to sign a «technology partnership agreement,» essentially a commercial partnership.
Calling out Ripple as a leader in applying blockchain and distributed financial technology to the basic failures of the cross-border payments system, Finextra quotes Marcus Treacher, Global Head of Strategic Accounts at Ripple.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
Alibaba's interest in WeLab isn't surprising because of its focus on using technology to disrupt the traditional banking industry in China through Ant Financial, its financial services arm, and online payment system Alipay.
In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems
To achieve this goal, several approaches are envisaged: identifying small populations with severe disease where a medicine's benefit - risk balance could be favorable; making more use of real - world data where appropriate to support clinical trial data; and involving health technology assessment bodies early in development to increase the chance that medicines will be recommended for payment and ultimately covered by national healthcare systems.
The technology underpinning bitcoin, however, operates using a decentralised payment system, which means that a payment between two parties is direct and relies on reliable copies of the ledger being distributed to a vast network of bitcoin users around the world, who can verify any changes.
Last week, Bank of America's (BOA) released their SEC annual report that also contained a mention of cryptocurrencies as a threat to their business, with the risk of competition described in very similar terms: «the widespread adoption of new technologies, including internet services, cryptocurrencies and payment systems, could require substantial expenditures to modify or adapt our existing products and services.»
Anthony: I think it's important to note that this whole thing started about a decade ago with a white paper about a peer - to - peer, digital cash payment system, but over the past decade, people have realized that this underlying technology has a ton of applications, not just in financial services and payments, but in other industries such as health care, supply chain and so on.
Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that «from banks» perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin,» including price and security.
The Cupertino, Calif. - based technology giant is in talks with several big U.S. banks to develop a digital payments system that would let people send money to each other via their phones, similar to services offered by PayPal and its subsidiary Venmo, according to multiple people familiar with the talks.
Apart from offering potential cost savings, the adoption of distributed ledger technology could start to threaten financial institutions by effectively removing the need for conventional, regulated payment systems.
Bitcoin right now is, by market cap, the largest payment store value system, but this is technology so it doesn't have to stay that way.
We serve both established and emerging participants in this space, providing transactional, regulatory and strategic advice to private equity and venture capital firms, asset managers and funds, broker - dealers, banking institutions, start - up companies, lending platforms, payment companies, trading systems, technology companies, financial services providers, virtual currency companies, and card issuers and networks.
Instead the main reasons for growth of private cryptocurrencies have been passion for technology, avoidance of bank payment systems, and financial speculation.
At the event, which was hosted by the Yale Law School Center for the Study of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation of real - time payment systems, use of blockchain technology for clearing and settlement services, and the issuance of digital currencies by central banks.
The most likely option in the short term is the use of blockchain technology only for wholesale payment systems.
The topics include mobile payment trends and how user behavior might be used for payment authentication; how to streamline business finances with ePayments; how to get clients to pay; the benefits of an invoice managing system; how to create a payment schedule; how blockchain technology stops payment scams; how to set up an ePayments system and its advantages for freelancers; and the future of the payments industry.
Appetize is a fast growing and disruptive technology platform that is replacing legacy point of sale and payment systems at entertainment, leisure and education enterprise businesses around the world.
Topics: Asian, Associations, Back Office, Bakery Cafe, Burger / Steak / BBQ, Business Strategy and Profitability, Catering, Cheese, Coffee / Specialty Beverages, Communications, CONNECT: The Mobile CX Summit, Consultant / Analyst, Credit / Cashless, CRM, Curbside & Takeout, Customer Service / Experience, Digital Signage, Display Technology, Equipment & Supplies, Ethnic, Events, Fast Casual Executive Summit, Financial News, Financing and capital improvements, Food Allergies / Gluten - free, Food & Beverage, Food Cost Management, Food Safety, Food Trucks, Franchising Focus, Franchising & Growth, Fresh Mex, Furniture and Fixtures, Gaming, Going Green, Health & Nutrition, Hot Products, Human Resources, ICX Summit, Independent Restaurant, Industry Services, In - Store Media, Insurance / Risk Management, International, Internet of Things, Italian / Pizza, Kiosk ROI, Kitchen Display, Legal Issues, Loss Prevention, Loyalty Programs, Marketing, Marketing / Branding / Promotion, Menu Boards, Menu Labeling, Mobile Payments, Music Services, Mystery Shopping, National Restaurant Association, Online / Mobile / Social, Online Ordering, Online Services, On - site Customer Management / Paging, On the Menu, On the Move, Operations Management, Other, Ovens, Packaging, Packaging Trends, PCI Compliance, Policy / Legislation, POS, Product Reviews, Professional Services, Research & Development / Innovation, Restaurant Design / Layout, Safety, Sandwich, Sauce, Security Systems, Self - Ordering Kiosks, Self Service, Social Responsibility, Software, Software - Back Office, Software - Inventory Management, Software - Supply Chain, Soup / Salad, Staffing & Training, Supplier, Sustainability, Systems / Technology, Top 100, Trade or Association, Trade Show, Trends / Statistics, Video Gallery, Webinars, Window Treatments, Workforce Management
✓ Wireless Technology ✓ Cashless Vending & Mobile Payments ✓ Guaranteed Product Delivery Systems ✓ Energy Star ✓ LED Lighting
Ghana also becoming the hub for the financial technology and payment systems for the region.
It also includes a number of technology initiatives to bring the system into the 21st century, including expanding Wi - Fi hotspots, accelerating mobile payments and ticketing to replace the MetroCard, and providing USB ports on subway trains, buses and in stations to allow customers to charge their mobile devices.
As New York's Metropolitan Transportation Authority begins phasing in a new fare - payment system next year, transit advocates are detailing ways the new technology could be used to improve passengers» experience.
The governor stated that while the apex bank and banking operators had made efforts to reduce the incidents of fraud and ensure consumer confidence in the payment system, the Cybercrime Act, if effectively enforced, would serve as a deterrent and constant reminder to those who might wish to engage in illicit activities targeting the financial technology infrastructure.
Citing ongoing projects such as the National Digital Property Addressing System, the soon - to - be-issued national ID card, the land records digitisation agenda and efforts to increase financial inclusion via interoperability in the payment systems, Vice President Bawumia indicated that government was already engaged in the use of technology for the transformation agenda.
Niklas Arvidsson, an industrial technology and management researcher at KTH, says that the widespread and growing embrace of the mobile payment system, Swish, is helping hasten the day when Sweden replaces cash altogether.
We in fact carry RFID around in our pockets — mobile payment systems such as Apple Pay and Google Wallet use a specialised form of the technology.
Subjects at the summit include: mergers, acquisitions, venture capital funding, mobile, advertising methods, alternative payment systems, background checks, wireless, legal issues, business strategy, and new technology.
Subjects at the conference include: wireless / mobile technology, legislation, payment systems, background checks, partnerships, business planning, advertisement methods, funding, wireless, and new technologies.
The expo will explore: alternative payment systems, personality profiling, funding, online marketing, dating software, legislation, mobile & wireless technology, business strategies, mergers, acquisitions, and new developments.
The expo will cover: business strategy, mobile & wireless technology, payment systems, legal issues, venture capital, mergers, acquisitions, software, personality profiling, advertising methods, and new technology.
The convention will discuss: advertisement methods, mobile technology, legal, personality profiling, dating software, matchmaking software, venture capital, business strategies, mergers, acquisitions, alternative payment systems, and new technologies.
Subjects at the trade show include: venture capital, software, legal issues, mobile technologies, advertisement methods, alternative payment systems, partnerships, business planning, personality profiling, and new technology.
The trade show will discuss: alternative payment systems, wireless, business strategies, mergers, acquisitions, venture capital funding, personality profiling, marketing, legal issues, wireless / mobile technology, and new technology.
The iDate SuperConference is from January 23 - 30, 2012 in Miami Beach and can be found at http://idate2012.com Twelve categories exist for the awards: Best Dating Site Best Dating Site Design Best Software Provider Best Mobile Dating Site Best Matchmaker Best Dating Coach Most Innovative Company Best New Technology Best Payment System Best Affiliate Program Best Marketing Campaign Best Up and Coming Dating Site The finalists are now listed on the iDateAwards website.
Topics explored include: background search, wireless / mobile technology, traditional marketing, legal, seed capital, partnerships, mobile technology, business strategy, alternative payment systems, and new technologies.
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