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Bluechain is pleased to announce we have received the 2017 Softech INTL Award for Excellence in Secure Payment Technology. In addition, our Chief Technology Officer (CTO) and Bluechain inventor, Craig Glendenning, has been named Australia’s Most Innovative CTO. It’s an honour to be recognized by the international financial services and technology communities for Bluechain’s innovative next-gen payment platform that raises…

While you may not have heard of Bluechain yet, we’ve been busy talking to and sharing our vision with the payments industry. In the past 60 days, I’ve logged close to 100,000 miles across four continents and have talked with dozens of tier I and II banks, central banks, regulators, payment service providers and merchants to get a pulse on…

By Kurt A Mueffelmann, Executive Vice President Earlier this week, a group of Australian banks applying to the Australian Competition and Consumer Commission (ACCC) for permission to jointly negotiate over access to Apple Pay and the Near Field Communication (NFC) function on iPhones, announced they have narrowed the application to solely focus on open access to the NFC function. According…

In some countries, in-store payments are still dominated by their domestic card schemes, like Interac Debit in Canada and JCB in Japan. When compared with international card schemes, domestic card schemes typically offer significant cost advantages to consumers and merchants and are an attractive revenue generator for the local banking industry. Sovereign control of a low-fee payment system also strengthens…

Having successfully completed the phase-2 trial objectives (creation of bank account eCards and nearby user-to-user payments), the MyState-Bluechain trial has now entered the next phase. In Phase 3, we will be testing the new merchant point-of-sale (POS) app and relaxing some of the restrictions on which cards can be linked to eCards. An expanded range of Bluechain and non-Bluechain payment…

Traditional methods of payment have reached or are rapidly approaching the end of their useful lives. Users of payment systems are increasingly tech-savvy and ready to embrace new payments technologies. But with that savviness comes an increased expectation of simplicity, security, speed, convenience and lower cost. A new generation of payment technologies is sweeping through the industry, which have the…

Following close on the heels of the Sibos conference, Money 20/20 in Las Vegas gave us the opportunity to continue conversations we started at Sibos and to start new conversations with numerous potential partners attending the event. Money 20/20 is the world’s largest payments and financial services innovation event, featuring more than ten thousand attendees, a thousand CEOs, and over…

Sibos, held this year in Geneva from 26-29 September, is the annual conference, exhibition and networking event organised by SWIFT for the financial industry. Sibos is recognized as the premier business forum for the global financial community to debate and collaborate in the areas of payments, securities, cash management and trade. Exhibitors at Sibos are limited to financial institutions, SWIFT…

You can find us on booth 1351 at Money 20/20 at The Venetian, Las Vegas on 23-26 October. CEO Mike McAuley and CTO Craig Glendenning will be happy to give you a quick rundown on how Bluechain can transform your payments business. You can also check out the latest Bluechain app and merchant solutions.

MyState trial participants were surveyed at the end of phase 1 to gain feedback on aspects of functionality, processing speed, and usability. All trial participants surveyed reported that the Bluechain app was easy to use, and many reported that Bluechain was now their preferred method of payment. Although slower than usual speeds were experienced on first-time purchases (additional time is…