Digital payments

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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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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Why Washington mobilized so quickly against Facebook's crypto plans

06/24/19

The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe

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Facebook, fintech velocity, race for deposits: Digital Banking's big ideas

06/23/19

Facebook's plans to launch its Libra cryptocurrency dominated much of the discussion at American Banker's Digital Banking conference last week, but attendees also debated what big tech company might strike next and what future digital innovations are in store.

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As Libra regulatory storm gathers, a Mastercard exec preaches calm

06/21/19

Libra has only been public for a few days, but it has been enough time for regulators around the world to savage the project and schedule hearings. Jorn Lambert, executive vice president of digital solutions for Mastercard, said the project's objectives are aligned with the regulators' concerns.

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Did Facebook swipe its Calibra logo from a challenger bank?

06/21/19

The new digital-currency unit at Facebook has a logo that's nearly identical to that of challenger bank Current, which has been around since 2015.

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‘Another one?’ Bankers react to Facebook’s digital currency

06/20/19

Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.

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Facebook details digital currency plans; CRA credit for disaster prep loans?

06/18/19

The company will create a regulated subsidiary offering a digital wallet; San Francisco Fed wants CRA credit for loans that help prepare for climate change.

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Goldman, Stripe execs spar on future of financial services

06/14/19

Both companies want money to be "programmable." But how to go about it is a matter of dispute.

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Accept cash, credit card or mobile payment? Government wants a say

06/14/19

State and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations.

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