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

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed, of course, is hardly alone in mulling digital fiat currencies.

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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

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Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

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Synchrony Says Erroneous Email Not Tied To Data Breach

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Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents” and attracts customers with offers of discounts and deals, per reports.

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Today In Payments: California Proposes Financial Watchdog; Germany Launches Investigation Into Amazon

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Amazon is facing an investigation by Germany’s national competition regulator into the eCommerce giant’s relationship with third-party sellers in Amazon’s second-largest market. The Federal Reserve is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing a digital currency.

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

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While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

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Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

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The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The exchange is already live in California, Washington and Illinois.

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NCR Buys StopLift To Prevent Retail Fraud

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“This acquisition will help NCR accelerate growth in our market-leading self-checkout and store transformation solutions,” President and Chief Executive Officer Michael D. NCR said StopLift’s technology detects scan avoidance methods and flags unscanned, unpaid merchandise for loss prevention. “We Hayford said in the press release. “In

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