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.

Currencies 67

Currencies Financial Systems Banking eCommerce 67

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

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

MAY 29, 2019

The spokesperson told reporters that later in 2019 the startup will launch an eCommerce store on its app and provide members with access to insurance. It has morphed into a side gig for many of BalanceHero’s customers and an effective way to get the word out. Yoo said that round is slated to close in July.

Sales 51

Sales Startups Currencies Financial Systems 51

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.”

eCommerce 47

eCommerce Currencies Financial Systems Numbers 47

PYMNTS

JANUARY 22, 2020

Equipment life cycle management and procurement platform SmartEquip recently announced that it will now enable B2B vendors on its portal to accept card payments through a collaboration with Currency. According to the announcement, nearly 60 percent of the UAE workforce does not participate in the country’s traditional financial system.

B2B 52

B2B Currencies Securities Education 52

PYMNTS

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

Financial Systems Healthcare Technology Banking 68