Remove Boston Remove Innovation Remove National Remove Policies
article thumbnail

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

PYMNTS

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181
article thumbnail

Fed Exploring ‘Hypothetical’ Digital Currency

PYMNTS

Maybe – but first comes a focus on policy. Separately, a significant policy process would be required to consider the issuance of a CBDC, along with extensive deliberations and engagement with other parts of the federal government and a broad set of other stakeholders,” Brainard said in the speech. Digital dollars on the horizon?

Insiders

Sign Up for our Newsletter

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

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.”. These principles include that CBDC do not impede monetary policy and “coexist with cash and robust private money.”. BIS estimated this year that of 66 central banks polled, 80 percent were exploring CBDCs.

Boston 233
article thumbnail

FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264
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
article thumbnail

Why The Dollars Are Actually The Greatest Show On Turf

PYMNTS

As PYMNTS is Boston-based, the company is, of course, excited to see Tom Brady take a shot at that sixth Super Bowl ring. The network noted in a statement that, as a policy, it does not air cannabis-related advertising. According to data from the National Retail Federation (NRF), stores will bring in around $14.8 Snack Time.

Boston 150