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

PYMNTS

It might also offer opportunities not possible with cash while supporting innovation.”. And at a high level, according to the publication, the BIS noted that across the far-flung efforts being explored in various countries, “common objectives allow common principles to be agreed.” In an interview with Karen Webster published Monday (Oct.

Boston 233
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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. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

Policies 181
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

The access is exclusive to Caesars locations across select states where the company operates casino properties. ” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and Australia. . and Australia.

Online 108
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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. Amazon’s Big Robotics Investment .

Apple 101
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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. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

Payments 161
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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
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Why One Startup Is Desperately Seeking Regulation

PYMNTS

These days, however, Uber is spending its time, increasingly, in court and has even managed to allow things to break down completely in Austin such that it doesn’t operate there anymore. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale.