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Change Keeping Global Banks On Their Toes

PYMNTS

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail.

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Can FinTech Walk The FinTalk?

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Most of that spend will be concentrated in the U.S., with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. But that’s not enough to support and service these accounts. billion by 2021. billion growing to $120.7 billion in 2018 growing to $1.1

Banking 73
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Why It’s Time To Shut Down Cryptocurrencies

PYMNTS

The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. The Crypto Has No Clothes. The Need for a Balanced View.

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A Brief History Of Libra

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billion people around the world without access to a bank account to the world of digital payments at low or no cost. Facebook has confirmed that it will have no more standing in the association than any other founding members, though its engineers are building the blockchain rails on which the system will ride.

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Bitcoin: 10 Years Of Smoke And Mirrors

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31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. The end of this month, Oct.