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Facebook And Google Payments Efforts Top Week’s News

PYMNTS

Users of Facebook Pay , which the company said is not related to its proposed cryptocurrency Libra, will be able to enter a preferred payment method and then use the option to eventually pay throughout all of the related apps. Amazon To Build $40M Robotics Innovation Hub Near Boston. Deutsche Bank told U.K. Money Laundering Epidemic.

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

PYMNTS

The ECB commentary, we contend, solidifies at least some regional approaches to CBDCs, but retail use cases may be gaining favor. He said that a wholesale CBDC, “restricted to a limited group of financial counterparties, would be largely business as usual.”.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

Cryptocurrencies suffered through a rough day in mid-June, when prices plummeted fast during a few hours and wiped out a total of $15 billion in value. Adyen’s IPO comes as other companies in the region have struggled this year to sell shares due to a volatile stock market and political uncertainty. Crytpo’s Big Flash Crash.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. ShelterZoom has partnered with over 90 brokerages around the world, including RE/MAX Revolution in Boston, Massachusetts. Imbrex’s platform. Source: Imbrex. Due Diligence and Financial Evaluation Process. Source: ShelterZoom.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In an initial coin offering (ICO), instead of going public on an exchange or raising equity financing, companies instead issue their own cryptocurrency, avoiding the need for bankers at all. Boston Consulting Group predicts, however, that only a few investment banks will ever again be able to grow to that kind of size.