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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The newswire said that Berlin exists as a “hub” for the industry, where roughly 10 startups focus on blockchain, and end markets span energy, pharma and transportation.

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

PYMNTS

Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

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Google Pay Adds 29 US Banks To Mobile Payment Service

PYMNTS

First National Bank of Milaca. Greater Cleveland Community Credit Union. Lamar National Bank. This year has been a busy one for Google Pay, as it tries to gain prominence in a crowded market with competitors like Apple Pay , Samsung Pay and even Walmart Pay. First Bank of Boaz. First Central Credit Union. McClain Bank.

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ORACLE: Swinging the Bat in Cloud Services

Celent Banking

After three days at OpenWorld, I realized that the real story of interest to banks is Oracle's emerging cloud story, which coupled with its existing core banking applications business puts them in a really interesting position to transform the core banking systems market. Banks can roll their own code, spool up a VM, and off they go.

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

The legislation would also cover stablecoins that are “denominated in United States dollars or pegged to the United States dollar, or denominated in or pegged to another national or state currency.”. Casting a Wide Net . That’s a pretty wide net, as it would cover any number of stablecoins pegged to single currencies or baskets of currencies.

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Fizzle Of The Week: Economic Cooperation (The Trade Kind, That Is)

PYMNTS

There was the fizzle of the stock market – measured by volatility and whipsaws, which nobody liked or likes. It’s not the conventional definition of national security.”. National security might, we think, also include things like job security and wages and, of course, the stability of the consumer’s pocketbook.

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