Download Cryptocurrency Blockchain and Cross-Border Payments: Selecting A Blockchain Technology Partner February 2022 - Explore how banks can tackle KYB, KYC and security to help businesses unlock blockchain's benefits

Cryptocurrency, Blockchain And Cross-Border Payments: Selecting A Blockchain Technology Partner

Banks Help Corporates Overcome Their Blockchain Regulatory Concerns

Businesses see blockchain payments technology as important to streamlining cross-border payments, but more than half worry that it comes with regulatory risks. PYMNTS’ new Cryptocurrency, Blockchain And Cross-Border Payments playbook, a Circle collaboration, surveyed 250 FIs to examine how they’re using compliance and regulatory tools to ease businesses’ blockchain concerns and unlock the technology’s benefits.

Inside the February Report

  • 72%: Portion of FIs that plan to introduce commercial blockchain solutions
  • 52%: Share of businesses citing regulatory concerns as a reason they think blockchain adoption is risky
  • 28%: Segment of businesses with more than 10 employees devoted to testing blockchain use cases

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    Cryptocurrency and Blockchain Report