PYMNTS

JUNE 25, 2019

The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. According to American Banker , the committee will meet July 17 to examine Facebook’s proposed cryptocurrency and its impact on consumers, investors, and the U.S.

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PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. Do you like working with data?

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PYMNTS

DECEMBER 18, 2019

18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. At the start of Benoît’s ECB term, bitcoin’s market capitalization was small, and only a handful of cryptocurrencies existed. Federal Reserve Gov. Lael Brainard on Wednesday (Dec. Mobile payments reached $8.2 trillion.

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PYMNTS

SEPTEMBER 26, 2019

With questions surrounding Facebook ’s market power and its plans for the Libra digital currency, the social media company is reportedly negotiating with an important congressional committee for COO Sheryl Sandberg to testify as early as October.

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PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. The news about Libra has been out for about a week. There will be perceptual hurdles to clear, and regulators to convince.

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PYMNTS

JULY 27, 2018

FitPay , the startup technology platform that adds contactless payment capabilities to wearable and Internet of Things (IoT) devices, is looking to serve consumers who own bitcoin with a new payment device. dollars that are exchanged from the user’s existing cryptocurrency account. Orlando said.

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PYMNTS

APRIL 3, 2018

Securities and Exchange Commission (SEC) has charged two founders of a cryptocurrency company for an allegedly fraudulent initial coin offering (ICO) that raised more than $32 million. And they allegedly hired celebrities to promote their ICO on social media platforms. “As Their firm, Centra Tech Inc.,

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PYMNTS

JUNE 20, 2019

Federal Reserve Chairman Jerome Powell revealed that Facebook has spoken to the central bank about its upcoming cryptocurrency, called Libra. It reportedly has already found backing from over a dozen companies, including Visa, Mastercard, PayPal Holdings and Uber Technologies on it.

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PYMNTS

SEPTEMBER 27, 2019

Crypto startup RSK will buy Spanish social media network Taringa in a bid to expand and to gain access to the platform’s 20 million users, according to a report by Forbes. The partnership will encourage Taringa users to share content and receive cryptocurrency rewards in return.

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PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. While many regulators around the world are banning cryptocurrency trading, Japan has embraced it.

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PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years.

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PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk. Yao was the head of China’s central bank digital currency initiative. .

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PYMNTS

SEPTEMBER 29, 2020

People provided access to the online technology of Estonia via an eResidency program are reportedly being connected to digital currency schemes in other countries, Bloomberg reported. Whale Alert, a transaction tracing social media account, highlighted 18.4 The company kept its withdrawal and deposit block into Tuesday (Sept.

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PYMNTS

JUNE 20, 2019

Bank of England (BOE) Governor Mark Carney said Facebook’s newly-announced cryptocurrency, Libra, can’t be the same unregulated type of service that Facebook is, according to a report by Reuters. Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”.

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PYMNTS

MARCH 5, 2018

XRP, Ripple’s digital currency and the third-largest cryptocurrency, saw its value jump by double digits on Monday (March 5) — recently up 16 percent — as speculation abounds it could have an exchange listing. The CEO is expected to be joined by Asiff Hirji, the COO of Coinbase. The pilot is being tested through xRapid.

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Gonzobanker

JANUARY 4, 2022

According to Terence Roche, partner at consulting firm Cornerstone Advisors , community-based financial institutions could: “Lower their NSF fee to the $5 to $7 range and market it as a convenience fee. consumers, 60% of crypto owners would use their bank to invest in cryptocurrencies. Trend #2: The Cryptofication of Banks.

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PYMNTS

OCTOBER 8, 2018

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. The one million euros will be spent through 2019, according to reports. As has been reported, the U.S.

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PYMNTS

JUNE 23, 2019

The cryptocurrency hit the milestone late Friday (June 21) and by the next morning, it had climbed above $11,000. Its rebound comes as Facebook unveiled its own digital currency, Libra , and has found some big-name backers for the project, including Visa, Mastercard, PayPal Holdings and Uber Technologies.

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PYMNTS

SEPTEMBER 5, 2018

The headlines swirl around China and cryptos and a crackdown on trading, and even discussing them on social media. 5) that the country’s largest bitcoin mining company, Bitmain Technologies, seeks to raise as much as $1 billion in private, pre-IPO funding. Bitmain would not be the first mining equipment maker to come to market.

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PYMNTS

MAY 23, 2019

Dutch bank Rabobank announced it will not proceed with its plans for a cryptocurrency wallet called Rabobit. We have learned valuable lessons about our customers and the crypto market, and on how to design blockchain and crypto applications,” they said.

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NCR

SEPTEMBER 19, 2017

CNBC recently reported that blockchain technology – the very tech that brought us the decentralized cryptocurrency Bitcoin – is set to go mainstream. This change could fundamentally disrupt financial marketing as we know it. But consider how marketers felt when the Internet first became a thing, or email, or social media.

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blockchain Marketing social media Bitcoin 45

PYMNTS

JULY 10, 2019

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. Facebook made waves last month when it announced Libra, a cryptocurrency set to launch next year. Developments From Around the Digital Identity World.

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PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. And this week, experts have begun to voice their skepticism over distributed ledger technology’s (DLT) promise for a massive shakeup.

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PYMNTS

JULY 9, 2019

Facebook announced last month its plans to launch its own stablecoin, which has already found backing from over a dozen companies, including Visa , Mastercard , PayPal Holdings and Uber Technologies on it. The social media giant explained that Libra will be linked to different fiat currencies and government bonds.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. As noted just this week, Citigroup has decided that it will scrap its plans to bring a crypto to market after several years of trying.

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PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?

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CB Insights

NOVEMBER 28, 2017

This year’s blockchain craze has pushed a huge amount of new money into cryptocurrencies, private blockchain projects, and companies holding initial coin offerings (ICOs). As of now, the total market capitalization of cryptocurrencies stands at more than $220B — a huge leap from where it started the year at $18B.

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Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

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PYMNTS

APRIL 26, 2019

However, Tsai said “conservative-minded CFOs” in B2B, along with legacy supply chain technologies and processes, serve to slow down any progress toward new payment and transaction methods. The Link Between GDPR and the Homesharing Market. But it turns out you can use the cryptocurrency in an effort to sway an election.

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Independent Banker

FEBRUARY 24, 2016

Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement. Financial institutions are quickly rethinking how to engage the largest generation in American history and restructuring traditional banking processes, and it’s all centered on creating more accessible technology.

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PYMNTS

MAY 6, 2019

Facebook is apparently getting serious about cryptocurrency — with reports out this week that the social media giant is meeting with financial firms in preparation to build its own cryptocurrency-based payments system. Facebook $1 Billion Crypto Plan. Marriott Takes On Airbnb Directly. What did we learn this week?

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Filene

JUNE 28, 2016

What : Social media strategy to effectively amplify your value, messages, and marketing. Why : 70% percent of households start their search for new financial institutions and additional financial services online, via search engines and social media. Credit Union -to- Credit Union Collaboration.

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Bank Innovation

FEBRUARY 19, 2019

Community Capital Technologies, Denizen Financial, Diro Inc., The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

Innovation 240

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Banking 2020

AUGUST 20, 2015

If the last ten years has taught us anything it’s that disruptive technologies can shift the direction of travel in a way few would expect. Cash will continue to feel a slight squeeze in developed markets, but play a stronger role elsewhere. Cryptocurrencies stick around but don’t dislodge fiat currencies.

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PYMNTS

JULY 7, 2017

But as statistics this week bear out, the rise of voice-activated technology is gaining some momentum. But for now … 14 billion visits to online retailers in the past year, from May 2016 to May 2017, and 14 million visits via social media mentions is nothing to sneeze at, speaking to wide recognition of the lure of the devices.

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Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

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Insights on Business

FEBRUARY 10, 2019

Networks across banking, financial markets, insurance, retail, consumer goods and others have moved into production and are realizing business value. Trading lies at the heart of a market economy. CLS is a market-leading financial settlement firm that processes over $5 trillion in transactions per day. Roberto Mancone, we.trade.

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