Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: News - Industry

Blockchain Evolves from Buzzword to Major Benefit for Payments, TD Bank Survey Finds

Thursday, February 14, 2019   (0 Comments)
Posted by: Terri Brustad

A recent survey of 406 treasury and finance professionals, conducted by TD Bank, reports that the risk of payments fraud/cybersecurity tops professionals list of concerns, with 44 percent naming it their top operational challenge, a 14 percent year-over-year increase.

Despite industry uncertainties, the majority of the survey respondents (90 percent) feel that blockchain/distributed ledger technology will have some type of positive effect on the payments industry. The top impact of blockchain/distributed ledger technology is its ability to create strong audit trails (29 percent), respondents said. Additional positive outcomes include:

  • speeding up payment process (22 percent)
  • improving efficiency of cross-border payments (21 percent)
  • reducing payments fraud (18 percent)

Members >> read more about respondents views on the positive outcomes of blockchain.

Not a member? Join the NAPCP today.


Sign In


News
Event Calendar

5/21/2019
DATABASICS Virtual Demo: Exploring Alternatives to Your P-Card Software

6/25/2019
Educational Webinar: Taming the Amazon—Control the Beast Within Your Organization

7/31/2019
Virtual Roundtable: Have You Heard? SURVEYS Are Your Best Bet for Growth

8/28/2019
Educational Webinar: Securing Card on File eCommerce with New Tokenization Tools

9/25/2019
Educational Webinar: Payment Strategies: Driving Costs Out and Bringing Revenue In

Copyright © 1999 - 2019 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is September 3, 2019, to take the exam during the September 2019 testing period.
Executive Summary complimentary fo subscribers and members. Join today to access full report.
NAPCP's dedicated IP address for e-mail is 24.73.102.78. Please add this IP address, napcp@napcp.org and @ymem.net to approved/"safe sender" list to ensure you receive NAPCP news & event notifications. 
You MUST log in to your profile to choose your preferences: Unsubscribe | Choose Email Preferences | Request Removal