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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed, of course, is hardly alone in mulling digital fiat currencies. As for the Fed, there’s no concrete decision yet to adopt such a currency, Mester said.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do. It’s not about going to production.”.

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

PYMNTS

The report and its objectives (with foundational principles for CBDCs) was done in collaboration between the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, Sveriges Riksbank, the Swiss National Bank and the BIS. In an interview with Karen Webster published Monday (Oct.

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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. Not only that, but over the next decade, some 90 percent of sports bets will be made online.

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The Buyers: Omnichannel Customer’s Impact On Retailers

PYMNTS

Connecting with consumers has seen a significant change over the course of the past few decades. Even as consumer expectation rises, a mere 25 percent of retailers are confident that they’re meeting the omnichannel demands of the retail industry, according to Boston Retail Partner research.

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The Big Bucks Behind Sleep (Or Lack Thereof)

PYMNTS

But somehow, we are a nation of chronically under-rested people. The pods set up shop in places where the nap-needing tend to gather – university campuses and office spaces being their two main sweet spots – and offer the chance to book a 20-minute to two-hour nap online or on mobile with a few clicks or taps. But does it really work?

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

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. consumers since March. [1]. Take PayPal, for example. 23-25, 2020.

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