PYMNTS

JUNE 20, 2019

government will respond to the introduction of new digital currencies. On Wednesday (June 20), Fed chairman Jerome Powell said that the country’s central bank has “significant input into the payments system,” which is the eCommerce system that Libra will affect. “We I think we’re a long way from that,” he said.

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Currencies Financial Systems Banking eCommerce 67

PYMNTS

OCTOBER 1, 2018

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.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

PYMNTS

OCTOBER 7, 2019

Access to smartphones is giving people unprecedented access to financial services, Libra recounted at launch – and the Libra network and currency, coupled with the Calibra wallet, would accelerate and democratize access to those services. These are the same 1.5 billion people that Libra said at launch it intended to help.

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PYMNTS

JUNE 18, 2018

In a press release , the New York State Department of Financial Services Superintendent Maria T. Vullo said the agency approved Square ‘s application for a virtual currency license. The payments company has a money-transmitter license from the Department of Financial Services (DFS). Didn’t see much.

Currencies 51

Currencies Financial Systems eCommerce Marketing 51

PYMNTS

MARCH 18, 2020

The executive also noted that eCommerce merchants were also impacted as shoppers pull back spending. Euro-dollar cross-currency basis swaps are said to be a proxy for how costly it is to get ahold of U.S. Swiss banks received $2.6 billion, while lenders in Britain received $15.5 billion through the Bank of England.

Banking 52

Banking Currencies Financial Systems eCommerce 52

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JUNE 9, 2017

With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. Blockchain could have an impact on the economy — is Russia leading the way with its current investments?

Financial Systems 68

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PYMNTS

DECEMBER 22, 2016

PayPal takes its look and feel seriously, recently lodging a complaint against an Indian digital payment services and eCommerce company that it claimed looks too much like PayPal. Taking those notes out of the financial system represents an effort to stymie fraud efforts, corruption and what the site noted as “illegal cash holdings.”

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eCommerce Currencies Financial Systems Numbers 47