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Visa Seeks Patent On System To Turn Government Currencies Into Digital Blockchain Versions

PYMNTS

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from circulation. A central entity may implement a monetary policy and issue currency.

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Why Accounts Receivable Is Warming Up To Digital Currency

PYMNTS

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

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Data Update 3 for 2021: Currencies, Commodities, Collectibles and Cryptos

Musings on Markets

As stock and bond markets went through these gyrations, it should come as no surprise that the same forces were playing out in other markets as well. Currencies : A currency serves three functions. There are a range of items that fall into this grouping from fine art to sports memorabilia to precious metals.

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New Law Would Regulate Libra As A Security

PYMNTS

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The bill is called the “Managed Stablecoins are Securities Act of 2019” and was proposed by two members of the House Financial Services Committee, Reps.

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Lawmakers Want To Make Libra A Security

PYMNTS

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The bill is called the “Managed Stablecoins are Securities Act of 2019” and was proposed by two members of the House Financial Services Committee, Reps.

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Scammers Hawking Bogus Libra Currency, Even On Facebook

PYMNTS

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). The fake communications reportedly feature Facebook’s logo, branding, photos of Mark Zuckerberg or Libra’s official marketing imagery.

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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

PYMNTS

Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing.