Search Results for "international payment systems"
Bank for International Settlements Reveals Findings on Central Bank Digital Currencies
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
What Will Be The State of Bitcoin Going Forward?
Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.
IMF Releases New Blog on the Adoption of Stablecoins
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods.
Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems
Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.
Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money
Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.
Bank of International Settlement Revealed Positive Outlook on Central Bank Digital Currencies
The Bank for International Settlements (BIS), a coalition of 62 central banks, has weighed in on the trending topic of central bank digital currencies (CBDCs). The global central bank noted a positive interest by central banks to develop their state-backed digital currencies.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX
Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape
Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.