Remove Boston Remove Course Remove Innovation Remove National
article thumbnail

Central Banks See Digital Fiat As Complement To Cash, Not Replacement

PYMNTS

It might also offer opportunities not possible with cash while supporting innovation.”. As many as 40 percent of individuals are shopping online more often, which of course means they are shopping in stores less often. BIS estimated this year that of 66 central banks polled, 80 percent were exploring CBDCs.

Boston 233
article thumbnail

Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

PYMNTS

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. Separately, of course, the People’s Bank of China (PBOC) has said that a test of a CBDC rests with small retail transactions — not large-volume transactions.

Policies 181
Insiders

Sign Up for our Newsletter

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

article thumbnail

Football Season To Kick Off New Payments Plays

PYMNTS

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

Payments 161
article thumbnail

Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227
article thumbnail

Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. The 350,000-square-foot facility is planned for Westborough, Massachusetts, a community roughly 35 miles west of Boston. Amazon’s Big Robotics Investment .

Apple 101
article thumbnail

The Big Bucks Behind Sleep (Or Lack Thereof)

PYMNTS

But somehow, we are a nation of chronically under-rested people. But luckily, where there is a problem, there is typically an innovative entrepreneur selling a solution – and in the case of sleep, there are a lot of solutions out there. Boston Med has offered Sleepio since 2016. But does it really work?

Boston 145
article thumbnail

Helping Homeowners Access Home Equity Without Debt

PYMNTS

And this, Unison CEO Thomas Sponholtz told PYMNTS in a recent conversation has pretty much been in its terms of innovation in the world of homeownership financing since the mortgage was invented in 1192. ” Unison offers its services to both potential homebuyers and homeowners with equity in their properties. ” .

Las Vegas 255