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ECB Exec Says Libra Could Address Failings of Global Payments System
25.9.2019
Libra has been a wakeup call for banks to consider major issues in global payment systems, an ECB board member says
Mastercard Teams Up With R3 To Create Blockchain-backed Cross Border Payments System
12.9.2019
Nowadays, the mere mention of blockchain technology makes people associate the whole thing with Bitcoin and other cryptocurrencies. However, in this regard, it needs to be pointed out that blockchain technology in itself is independent of cryptocurrencies and can be used in a wide variety...
Blockchain Will Integrate BitPay’s Payments System For Wallet Payments
24.8.2019
The largest wallet provider, Blockchain, partnered with the largest bitcoin payment processor, BitPay
PR: Decentralized Recurring Crypto Payments System Launched by Monarch Blockchain
13.8.2019
Monarch, the decentralized wallet and suite of crypto services, has launched the first decentralized recurring payments system Until now, there’s been no way to automatically pay merchants in crypto on a recurring basis due to the limits of blockchain-based transactions. To solve this, Monarch...
Even Fed Is Not Happy with the Current Payments System
5.8.2019
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
As Bitcoin and other cryptocurrency projects are already forcing banking incumbents to work more efficiently, the Federal Reserve, the central bank in the U.S., is reportedly “seriously considering” to develop a new...
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
27.6.2019
A comprehensive instantaneous payments system may be in place in the European Union by 2020