Concentration Currencies Financial Systems Marketing 
PYMNTS
SEPTEMBER 30, 2020
House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.
PYMNTS
SEPTEMBER 16, 2016
Also, high capital costs of the latest mining facilities and systems are creating a barrier to entry for new miners. The concentration of bitcoin mining increases the likelihood miners will collude to attack the blockchain, and as profitability goes down, fewer miners will operate and existing incumbents will consolidate. “We
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
JULY 26, 2017
Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. Noreika, acting Comptroller of the Currency, in a statement. Today, the federal banking system remains healthy,” he continued. “As
PYMNTS
NOVEMBER 28, 2016
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. Plus, the latest developments on Wells Fargo and what its scandal means for its market peers. We dive into the latest banking news from around the world. $30
PYMNTS
APRIL 30, 2018
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. In a dynamic space like banking, lending, payments and financial services more broadly, time is a valuable currency. billion by 2021.
PYMNTS
MAY 15, 2017
market without further rigorous testing, citing concerns over the drug’s potential to penetrate a mother’s placenta and harm her unborn baby. And, like cash, it was designed to eliminate any ambiguity in how and when this currency was transmitted — once cash is handed to someone else, it’s gone. The drug was thalidomide.
PYMNTS
OCTOBER 16, 2017
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.
Expert insights. Personalized for you.
139 
Let's personalize your content