Cryptocurrencies

Square sued over privacy issues; Banks eye Australia market

07/02/19

A California man says the company sent his medical information to a friend of his; the Big Four's monopoly may be coming to an end as Citi and others move in.

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PayPal, card networks may bear a ‘heavy burden’ with Facebook crypto plan

07/01/19

Visa, Mastercard and PayPal may have boosted the single, greatest risk they face -- that of tougher regulation -- by becoming early backers for Facebook new digital money, called Libra.

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BIS starts fintech hub as central banks look into crypto

07/01/19

The Bank for International Settlements is setting up shop to help officials who may need to speed up developing their own digital currency.

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Virtual currency debate needed the jolt it got from Facebook

07/01/19

Facebook’s cryptocurrency pilot highlights just how important it is for regulators and banks to figure out where they land in the emerging monetary digital age.

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Deutsche mulling ‘radical’ job cuts; Central bank digital currency efforts

07/01/19

The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.

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Stress test results, BNY Mellon's digital play, bank reputations: Top stories of the week

06/28/19

Banks clear both rounds of stress tests (though two of them needed a do-over); BNY Mellon goes all-in on digital; bank industry struggles to stop slide in latest reputation survey; and more from this week's most-read stories.

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Goldman Sachs explores creating a digital coin like JPMorgan’s

06/28/19

CEO David Solomon said that Goldman is “absolutely’’ looking at digital currencies and conducting “extensive research’’ on tokenization.

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The second round of stress tests; State Street settles with SEC

06/28/19

The results clear the way for bigger dividends and stock buybacks at big banks; State Street agreed to pay $88 million to settle claims it overcharged clients.

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'The right to financial services should be universal': Comments of the week

06/27/19

Readers respond to how Congress should address AI, concerns on Facebook's Libra and its logo, a report challenging card fraud prevention and more.

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Big funds look to bypass banks; JPM looks to invest in bank tech company

06/27/19

Several large asset managers plan to meet directly with corporate clients to make loans; 10x Future Technologies promises faster and cheaper banking services.

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