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Nalezeno "payment system": 124

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions

9.1.2020
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...

The Future of Money and the Payment System

5.12.2019
Source: a video screenshot, YouTube, Bloomberg Markets and Finance This is a lecture by Agustín Carstens, General Manager of the Bank for International Settlements, held at Princeton University, Princeton, New Jersey, USA, on December 5, 2019. Main highlights: (Read the whole text...

BRICS Nations Consider Idea of a Unified Payment System

15.11.2019
BRICS association, which includes five significant national economies namely Brazil, Russia, India, China, and South Africa, has recently held its 11th summit on November 13–14 in Brazil. The annual summits of BRICS nations largely emphasize on subjects like science, climate change, technology...

Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

15.10.2019
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....

Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable

10.10.2019
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for...

FOIN Allows Merchants to Accept Crypto Payments In-Store

7.10.2019
FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for...

Connecting Cash to the Internet Using Stablecoins

11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...

Monarch Wallet Introduces Decentralized Recurring Crypto Payment System

16.8.2019
Monarch Wallet, a Cryptocurrency solution firm, has introduced the world’s first of a kind decentralized recurring payment solutions framework, by allowing the likes of Hulu and Netflix to acknowledge crypto as payment for subscription and membership services. Additionally, MetaMask will...

Ron Paul Slams Fednow Payment System and Encourages Crypto Competition

15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...

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