Remove tag currency
article thumbnail

Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe Biden. COVID-19’s Price Tag Leaves Large Hospitals At Financial Risk. Biden’s Treasury Pick Yellen Leary Of Crypto.

article thumbnail

Bitcoin Daily: Turkey To Test Digital Currency In 2021; Japan Prepares To Issue CBDC; Bitcoin Crests $28,000

PYMNTS

The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. Japan might look into launching its own central bank digital currency (CBDC) in both the public and private sectors, according to a report from Japan Times. The price of bitcoin has passed $28,000 on Sunday (Dec.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ghana To Adopt West African ‘Eco’ Currency

PYMNTS

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. The government has claimed that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

article thumbnail

EACT SURVEY 2021

Simply Treasury

Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets. Contrary to the recent excitement for Bitcoins, crypto currencies do not seem to be a priority for treasurers. API’s have shown the use banks and corporates can make out of them.

article thumbnail

Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To that end, Amir Wain , CEO of i2c Inc. It will happen.”.

article thumbnail

Payment Firm Moneycorp Acquires Australia’s Rochford Group

PYMNTS

Providing customers with mobile, telephone and online payment capabilities on a multi-currency platform, moneycorp also enables them to exchange money through 120 currencies. billion worth of currencies last year, surpassing its 2017 total by £2.3 That deal marked the company’s first foray into the South American market.

article thumbnail

How Shutterstock Relies On Fast Disbursements For Contributor Loyalty

PYMNTS

Shutterstock works with contributors in more than 150 countries, meaning digital disbursement tools are a must when making sure each user has access to the right types of payments and currencies. “I The Role Of Mobile Disbursements.