PYMNTS
DECEMBER 24, 2020
Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.
PYMNTS
SEPTEMBER 15, 2020
In Berlin, where last week saw a two-day meeting of financial officials from Europe, central bankers discussed digital payments and the confines of digital, national currencies. At a high level, officials said that the European Central Bank should be the only one that should issue digital currencies.
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PYMNTS
OCTOBER 9, 2020
The BIS report issued this week that focuses on “foundational principles” defines a CBDC as “a digital payment instrument, denominated in the national unit of account, that is a direct liability of the central bank.”. Beyond that, national efforts are piecemeal. Fed, the Swiss National Bank and others.
PYMNTS
MARCH 18, 2019
Shares in Euro payments tech companies rose on Monday (March 18) after news of the Fidelity National Information Services (FIS) takeover of Worldpay, a London-based payment processing company, according to a report by Reuters. FinTech company Worldline was up 3.1 Combined, the two companies would have a revenue of $12.3
PYMNTS
SEPTEMBER 17, 2020
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. As has been widely reported, 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs.
PYMNTS
NOVEMBER 4, 2020
The partnership will enable crypto companies and FinTechs come to market with crypto payments that ultimately ride the Visa rails — and are therefore accepted by any business or merchant that accepts Visa. As spotlighted in this space , Ternio said it has joined Visa’s Fast Track as a cryptocurrency-focused enablement partner.
PYMNTS
JUNE 10, 2016
Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale. Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. And I think that’s the sea change in attitude here at the OCC.”. “And
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