Advertisements



Will Facebook’s Libra Become the Go-To Payment System Where Banks Fall Short?

In India and Africa, tens of millions live far from banks or use a currency prone to inflation or volatility. Europeans and Americans have their Visa and Mastercard.....»»

Category: europeSource: fortuneJun 28th, 2019

Will Facebook’s Libra Become the Go-To Payment System Where Banks Fall Short?

In India and Africa, tens of millions live far from banks or use a currency prone to inflation or volatility. Europeans and Americans have their Visa and Mastercard.....»»

Category: europeSource: fortuneJun 28th, 2019

Central banks will want oversight of Facebook"s Libra: Bank of England"s Carney

Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said......»»

Category: topSource: reutersJun 21st, 2019

As Regulators Stonewall Libra, Facebook Rolls Out New Payment System

As Regulators Stonewall Libra, Facebook Rolls Out New Payment System Authored by Joeri Cant via CoinTelegraph.com, As the Libra stablecoin project continues to face a hostile audience of regulato.....»»

Category: blogSource: zerohedgeNov 13th, 2019

Facebook Faces Real Political Risk From Libra Cryptocurrency

The digital payment system has potential, but it may cause trouble for the social media giantRelated Stocks: FB,.....»»

Category: blogSource: gurufocusSep 30th, 2019

Switzerland warns Facebook"s Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws......»»

Category: topSource: reutersSep 11th, 2019

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

The company set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland......»»

Category: forexSource: coindeskSep 11th, 2019

Facebook"s Libra seeks Swiss payment system license

Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight......»»

Category: topSource: reutersSep 11th, 2019

Why Facebook’s Libra Cryptocurrency Launch May Never Happen

Facebook excited the cryptocurrency market last month by announcing plans to launch Libra, its own blockchain-based payment system. Since then, numerous concerns .....»»

Category: blogSource: valuewalkJul 31st, 2019

Investment Firm Blockchain Capital Joins Libra Association

One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system......»»

Category: forexSource: coindeskSep 18th, 2020

New buildings can fall short of designed performance

Using modern building materials and a new building management system or control system doesn’t always produce a highly efficien.....»»

Category: realestateSource: bdcnetworkJun 29th, 2020

Brazil"s central bank killed WhatsApp"s new payment system a week after it launched

Drew Angerer/Getty Images Last week Facebook announced t.....»»

Category: topSource: businessinsiderJun 24th, 2020

To See Libra’s Potential, Look at the Philippines, Not the US

Some have written off Libra as a watered-down project. But you can see its potential in places where Facebook use is high and payment standards are low......»»

Category: forexSource: coindeskMay 26th, 2020

An Oregon man said his property manager illegally searched an IRS system to see if his tenants received stimulus checks

Portland Covid-19 General Strike/Facebook An Oregon man said his property manager used the IRS "Get My Payment" website to track whether he had received his stimulus.....»»

Category: topSource: businessinsiderApr 20th, 2020

Swiss watchdog FINMA says Libra licensing process initiated

Swiss supervisor FINMA has received cryptocurrency project Libra's application for a payment system licence, it said on Thursday, after the Geneva-based association announced a major revamp of its planned payments system and oversight by global watchdogs......»»

Category: topSource: reutersApr 16th, 2020

Libra Wanted a Currency, All We Need Are DeFi’s Open Payment Rails

Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin......»»

Category: forexSource: coindeskMar 10th, 2020

Facebook spurred central banks to study digital currencies: former Japan central banker

The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of Japan executive said on Wednesday......»»

Category: topSource: reutersJan 22nd, 2020

Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall......»»

Category: forexSource: coindeskJan 21st, 2020

Facebook is launching a pay system across Facebook, Messenger, Instagram, WhatsApp

Facebook Inc. just dove into payment systems with a service across Facebook, Messenger, Instagram, and WhatsAp.....»»

Category: topSource: marketwatchNov 12th, 2019

FTC Commissioner Cites Libra in Support of Fed’s Real-Time Payment System

FTC Commissioner Rohit Chopra cited Libra concerns in his letter supporting the Fed's potential FedNow real-time payments service......»»

Category: forexSource: coindeskNov 8th, 2019

FTC Commissioner Cites Libra In Support of Fed’s Real-Time Payment System

FTC Commissioner Rohit Chopra cited Libra concerns in his letter supporting the Fed's potential FedNow real-time payments service......»»

Category: forexSource: coindeskNov 8th, 2019