Group items matching "PaymentSystems" in title, tags, annotations or url - Fintech Daily Digest

Crypto Debit Cards - 0 views

medium.com/...crypto-debit-cards-e9177f596ae

PaymentSystems CryptoAssets Fintech

shared by John Kiff on 11 Aug 19 - No Cached

John Kiff on 11 Aug 19

There are a few variations of crypto debit cards available that you should be aware of. Some crypto debit cards hold your Bitcoin directly as BTC and convert it into fiat only at the time of transactions, while other cards convert it into equivalent fiat as soon as you deposit them. On the other hand, there are also cards that are simply linked to your fiat accounts where you can switch between crypto or fiat as much as you like.

<div class="cArrow"> </div><div class="cContentInner">There are a few variations of crypto debit cards available that you should be aware of. Some crypto debit cards hold your Bitcoin directly as BTC and convert it into fiat only at the time of transactions, while other cards convert it into equivalent fiat as soon as you deposit them. On the other hand, there are also cards that are simply linked to your fiat accounts where you can switch between crypto or fiat as much as you like.</div>

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Africa's financial inclusion at risk from mobile money taxes - 0 views

qz.com/...t-risk-from-mobile-money-taxes

Fintech PaymentSystems MobileMoney Taxation

shared by John Kiff on 12 Aug 19 -

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John Kiff on 12 Aug 19

The expansion of mobile money services might be one of the most efficient ways of increasing the general collection of taxes-but probably not if you double-tax transactions first.

<div class="cArrow"> </div><div class="cContentInner">The expansion of mobile money services might be one of the most efficient ways of increasing the general collection of taxes-but probably not if you double-tax transactions first.</div>

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EBA ESMA on crypto-assets - 0 views

www.esma.europa.eu/...mbrovskis_re_crypto-assets.pdf

Fintech CryptoAssets PaymentSystems AltCoins Stablecoins Facebook

shared by John Kiff on 22 Aug 19 - No Cached

John Kiff on 22 Aug 19

The European Banking Association and the European Securities and Markets Authority have written to the European Commission to say they will review the legal frameworks used by European Union member states for monitoring stablecoins such as Libra.

<div class="cArrow"> </div><div class="cContentInner">The European Banking Association and the European Securities and Markets Authority have written to the European Commission to say they will review the legal frameworks used by European Union member states for monitoring stablecoins such as Libra.</div>

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Republic of Mauritius- MauCAS to pave the way for new electronic payment options, says PM - 0 views

www.govmu.org/...-payment-options,-says-PM.aspx

AltCoins PaymentSystems Fintech CryptoAssets CBDC

shared by John Kiff on 23 Aug 19 - No Cached

John Kiff on 23 Aug 19

Mr Jugnauth reiterated his vision of a cashless society to better secure financial transactions in Mauritius. MauCAS will be a real boost to e-commerce with its 24/7 payment system, he pointed out. The Prime Minister also announced the upcoming introduction of a "Central Bank Digital Currency".

<div class="cArrow"> </div><div class="cContentInner">Mr Jugnauth reiterated his vision of a cashless society to better secure financial transactions in Mauritius. MauCAS will be a real boost to e-commerce with its 24/7 payment system, he pointed out. The Prime Minister also announced the upcoming introduction of a "Central Bank Digital Currency".</div>

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Banks Confront Fed on Faster Financial Payments - 0 views

www.wsj.com/...financial-payments-11564911000

Fintech PaymentSystems CBDC

shared by John Kiff on 05 Aug 19 - No Cached

John Kiff on 05 Aug 19

Big banks are fighting a likely U.S. Fed effort to speed up how money moves through its payments system, arguing this could derail a private network they have developed.

<div class="cArrow"> </div><div class="cContentInner">Big banks are fighting a likely U.S. Fed effort to speed up how money moves through its payments system, arguing this could derail a private network they have developed.</div>

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Crypto forefather David Chaum issues new digital currency, intended as a paradigm shift from bitcoin - 0 views

www.theblockcrypto.com/...-a-paradigm-shift-from-bitcoin

AltCoins Fintech CryptoAssets PaymentSystems

shared by John Kiff on 21 Aug 19 - No Cached

John Kiff on 21 Aug 19

Crypto pioneer David Chaum is issuing a new digital currency, Praxxis that has the security, speed, and scalability to grow into a replacement of physical cash. The digital asset is built on the so-called Elixxir blockchain, launched early last year.

<div class="cArrow"> </div><div class="cContentInner">Crypto pioneer David Chaum is issuing a new digital currency, Praxxis that has the security, speed, and scalability to grow into a replacement of physical cash. The digital asset is built on the so-called Elixxir blockchain, launched early last year. </div>

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New Flexa Tech Will Let You Spend Bitcoin From Other Apps Too - 0 views

www.coindesk.com/nd-bitcoin-from-other-apps-too

Fintech CryptoAssets PaymentSystems

shared by John Kiff on 21 Aug 19 -

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John Kiff on 21 Aug 19

The merchant payments startup Flexa will soon allow any other app to run payments in crypto just like its own SPEDN app has since May. For now, Flexa delivers final payment to most merchants in fiat, working with exchange partners to provide liquidity to trade tokens used in payment for the final currency. But the Flexa system defaults to paying merchants in the cryptocurrency used by the customer, and it hopes to nudge more to do so.

<div class="cArrow"> </div><div class="cContentInner">The merchant payments startup Flexa will soon allow any other app to run payments in crypto just like its own SPEDN app has since May. For now, Flexa delivers final payment to most merchants in fiat, working with exchange partners to provide liquidity to trade tokens used in payment for the final currency. But the Flexa system defaults to paying merchants in the cryptocurrency used by the customer, and it hopes to nudge more to do so.</div>

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Stablecoins Preferred for Payments Over Trading, Paxos and Coinbase Changing Directions - 0 views

bitcoinexchangeguide.com/...amp

AltCoins PaymentSystems CryptoAssets Fintech Stablecoins

shared by John Kiff on 04 Aug 19 - No Cached

John Kiff on 04 Aug 19

Stablecoin issuers including Coinbase, Paxos and Terra are planning to change directions as a result of consumer interest in using stablecoins as a mean of payment rather than simply for trading. St

<div class="cArrow"> </div><div class="cContentInner">Stablecoin issuers including Coinbase, Paxos and Terra are planning to change directions as a result of consumer interest in using stablecoins as a mean of payment rather than simply for trading. St</div>

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Flexa is coming to Canada - 0 views

medium.com/...-coming-to-canada-11863a3d634d

Fintech CryptoAssets PaymentSystems Gemini

shared by John Kiff on 14 Aug 19 -

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John Kiff on 14 Aug 19

On May 13, 2019, Flexa payments launched in the United States and released the iOS SPEDN app, which processes regular purchases in cryptocurrencies. Now SPEDN is now open to Canadians on both iOS and Android.

<div class="cArrow"> </div><div class="cContentInner">On May 13, 2019, Flexa payments launched in the United States and released the iOS SPEDN app, which processes regular purchases in cryptocurrencies. Now SPEDN is now open to Canadians on both iOS and Android.</div>

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60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments - 0 views

www.coindesk.com/coin-for-cross-border-payments

Fintech CryptoAssets Blockchain CrossBorder PaymentSystems

shared by John Kiff on 14 Aug 19 -

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John Kiff on 14 Aug 19

Bantotal, a core banking service provider based in Uruguay that services over 60 different financial institutions across 14 different countries, is partnering with crypto exchange Bitex to facilitate bitcoin-based cross-border payments.

<div class="cArrow"> </div><div class="cContentInner">Bantotal, a core banking service provider based in Uruguay that services over 60 different financial institutions across 14 different countries, is partnering with crypto exchange Bitex to facilitate bitcoin-based cross-border payments.</div>

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How regulators are working towards an enabling framework for mobile money in Vietnam - 0 views

www.gsma.com/...ney-capacity-building-workshop

Fintech MobileMoney PaymentSystems

shared by John Kiff on 30 Jul 19 -

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John Kiff on 30 Jul 19

"It is evident that the government and regulatory push in Vietnam towards mobile money as a means of increasing financial inclusion and enhancing digital society is unwavering."

<div class="cArrow"> </div><div class="cContentInner">"It is evident that the government and regulatory push in Vietnam towards mobile money as a means of increasing financial inclusion and enhancing digital society is unwavering."</div>

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Crypto payments startup Bitwala raises $14.49M for global expansion - 0 views

www.theblockcrypto.com/...es-14-49m-for-global-expansion

Fintech CryptoAssets PaymentSystems CrossBorder

shared by John Kiff on 31 Jul 19 -

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John Kiff on 31 Jul 19

Crypto payments and banking services provider, Bitwala, has raised EUR 13m in Series A funding. Bitwala currently offers accounts for retail customers across all 31 European Economic Area countries via Berlin-based SolarisBank.

<div class="cArrow"> </div><div class="cContentInner">Crypto payments and banking services provider, Bitwala, has raised EUR 13m in Series A funding. Bitwala currently offers accounts for retail customers across all 31 European Economic Area countries via Berlin-based SolarisBank.</div>

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XRP Underperforming Because of Low Institutional Adoption & Intense Competition: Report - 0 views

bitcoinexchangeguide.com/...amp

CryptoAssets AltCoins Ripple Fintech PaymentSystems

shared by John Kiff on 11 Aug 19 - No Cached

John Kiff on 11 Aug 19

According to "Why Is XRP Underperforming?" report by cryptocurrency exchange OKEx, "as a payment solution provider, Ripple is facing intense competition," and "any negative impact on the company could easily transform into undesirable price actions in XRP."

<div class="cArrow"> </div><div class="cContentInner">According to "Why Is XRP Underperforming?" report by cryptocurrency exchange OKEx, "as a payment solution provider, Ripple is facing intense competition," and "any negative impact on the company could easily transform into undesirable price actions in XRP."</div>

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Visa debit card available in Europe allows users to spend Dai stablecoin anywhere in the world - 0 views

www.theblockcrypto.com/...ablecoin-anywhere-in-the-world

Fintech CryptoAssets MakerDAI AltCoins Payments PaymentSystems

shared by John Kiff on 16 Aug 19 -

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John Kiff on 16 Aug 19

Ethereum-based banking alternative platform Monolith, is issuing a new Visa debit card, which allows users to spend Dai stablecoin anywhere in the world at stores that accept Visa payments.

<div class="cArrow"> </div><div class="cContentInner">Ethereum-based banking alternative platform Monolith, is issuing a new Visa debit card, which allows users to spend Dai stablecoin anywhere in the world at stores that accept Visa payments.</div>

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Early Investors in Telegram Crypto See 400% Returns - But Buyers Risk It All - 0 views

www.coindesk.com/t-for-telegrams-cryptocurrency

Fintech CryptoAssets AltCoins Facebook PaymentSystems Telegram

shared by John Kiff on 19 Aug 19 -

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John Kiff on 19 Aug 19

Telegram's long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market.

<div class="cArrow"> </div><div class="cContentInner">Telegram's long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market.</div>

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Libra Has 'Supercharged' Central Bank Interest In Bitt - 0 views

www.forbes.com/...erest-in-this-barbados-startup

Fintech CryptoAssets AltCoins Stablecoins Facebook PaymentSystems MobileMoney CBDC

shared by John Kiff on 19 Aug 19 -

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John Kiff on 19 Aug 19

"There are really quite stark differences between what Libra's proposing and what we see as a central bank digital currency. On our side it is important to be regulated. You can with a central bank digital currency tell clients that it's legal tender-meaning it has to be accepted and is regulated and backed by assets on a central bank balance sheet. This is really key."

<div class="cArrow"> </div><div class="cContentInner">"There are really quite stark differences between what Libra's proposing and what we see as a central bank digital currency. On our side it is important to be regulated. You can with a central bank digital currency tell clients that it's legal tender-meaning it has to be accepted and is regulated and backed by assets on a central bank balance sheet. This is really key."</div>

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Is Fed vote on real-time payments a sign of a wider split? - 0 views

www.americanbanker.com/...yments-a-sign-of-a-wider-split

CBDC PaymentSystems Fintech Regulation

shared by John Kiff on 09 Aug 19 - No Cached

John Kiff on 09 Aug 19

"The U.S. private sector has a long history of providing efficient payment solutions to consumers and businesses. The public sector should provide its own capacity only when the evidence of market failure is clear and alternative means to achieve public goals are not feasible," Quarles said in a statement. "In this case, I do not see a strong justification for the Federal Reserve to move into this area and crowd out innovation when viable private-sector alternatives are available."

<div class="cArrow"> </div><div class="cContentInner">"The U.S. private sector has a long history of providing efficient payment solutions to consumers and businesses. The public sector should provide its own capacity only when the evidence of market failure is clear and alternative means to achieve public goals are not feasible," Quarles said in a statement. "In this case, I do not see a strong justification for the Federal Reserve to move into this area and crowd out innovation when viable private-sector alternatives are available."</div>

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The rebirth of private currencies - 0 views

medium.com/...rivate-currencies-8554909dc0fc

Fintech CryptoAssets AltCoins Stablecoins Facebook PaymentSystems

shared by John Kiff on 12 Aug 19 -

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John Kiff on 12 Aug 19

"Essentially, Walmart's offering looks more or less the same as nineteenth-century scrip, issued to company employees who could spend it only in the company's stores. There is no word yet on whether Walmart employees will be paid in WalCoin, but it is a reminder that history has a habit of repeating itself, just with new people and new technologies."

<div class="cArrow"> </div><div class="cContentInner">"Essentially, Walmart's offering looks more or less the same as nineteenth-century scrip, issued to company employees who could spend it only in the company's stores. There is no word yet on whether Walmart employees will be paid in WalCoin, but it is a reminder that history has a habit of repeating itself, just with new people and new technologies."</div>

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TCH RTP: Simple, Transparent, Uniform Pricing for All Financial Institutions - 0 views

www.theclearinghouse.org/...rtp_-pricing_02-07-2019.pdf

Fintech FastPayments Payments PaymentSystems

shared by John Kiff on 13 Aug 19 - No Cached

John Kiff on 13 Aug 19

The RTP network has a single price for all participants with no volume discounts, no volume commitments and no monthly minimums to ensure that financial institutions of all sizes participate on the same terms. Financial institutions pay only for the transactions they originate.

<div class="cArrow"> </div><div class="cContentInner">The RTP network has a single price for all participants with no volume discounts, no volume commitments and no monthly minimums to ensure that financial institutions of all sizes participate on the same terms. Financial institutions pay only for the transactions they originate. </div>

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American Banker's Criticism of RTP: It's Like Rain On Your Wedding Day - 0 views

bpi.com/-like-rain-on-your-wedding-day

Fintech FastPayments Payments PaymentSystems

shared by John Kiff on 13 Aug 19 -

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John Kiff on 13 Aug 19

The Clearing House, owned by 24 large U.S. banks, is currently operating a real-time payments system. An independent assessment found that the RTP network met all 36 criteria set by the FRB-sponsored Faster Payments Task Force. Those 24 banks have individually or collectively paid hundreds of millions of dollars to build that system.

<div class="cArrow"> </div><div class="cContentInner">The Clearing House, owned by 24 large U.S. banks, is currently operating a real-time payments system. An independent assessment found that the RTP network met all 36 criteria set by the FRB-sponsored Faster Payments Task Force. Those 24 banks have individually or collectively paid hundreds of millions of dollars to build that system.</div>

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Group items matching
in title, tags, annotations or url

Crypto Debit Cards - 0 views

Africa's financial inclusion at risk from mobile money taxes - 0 views

EBA ESMA on crypto-assets - 0 views

Republic of Mauritius- MauCAS to pave the way for new electronic payment options, says PM - 0 views

Banks Confront Fed on Faster Financial Payments - 0 views

Crypto forefather David Chaum issues new digital currency, intended as a paradigm shift from bitcoin - 0 views

New Flexa Tech Will Let You Spend Bitcoin From Other Apps Too - 0 views

Stablecoins Preferred for Payments Over Trading, Paxos and Coinbase Changing Directions - 0 views

Flexa is coming to Canada - 0 views

60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments - 0 views

How regulators are working towards an enabling framework for mobile money in Vietnam - 0 views

Crypto payments startup Bitwala raises $14.49M for global expansion - 0 views

XRP Underperforming Because of Low Institutional Adoption & Intense Competition: Report - 0 views

Visa debit card available in Europe allows users to spend Dai stablecoin anywhere in the world - 0 views

Early Investors in Telegram Crypto See 400% Returns - But Buyers Risk It All - 0 views

Libra Has 'Supercharged' Central Bank Interest In Bitt - 0 views

Is Fed vote on real-time payments a sign of a wider split? - 0 views

The rebirth of private currencies - 0 views

TCH RTP: Simple, Transparent, Uniform Pricing for All Financial Institutions - 0 views

American Banker's Criticism of RTP: It's Like Rain On Your Wedding Day - 0 views

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Group items matching in title, tags, annotations or url

Crypto Debit Cards - 0 views

Africa's financial inclusion at risk from mobile money taxes - 0 views

EBA ESMA on crypto-assets - 0 views

Republic of Mauritius- MauCAS to pave the way for new electronic payment options, says PM - 0 views

Banks Confront Fed on Faster Financial Payments - 0 views

Crypto forefather David Chaum issues new digital currency, intended as a paradigm shift from bitcoin - 0 views

New Flexa Tech Will Let You Spend Bitcoin From Other Apps Too - 0 views

Stablecoins Preferred for Payments Over Trading, Paxos and Coinbase Changing Directions - 0 views

Flexa is coming to Canada - 0 views

60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments - 0 views

How regulators are working towards an enabling framework for mobile money in Vietnam - 0 views

Crypto payments startup Bitwala raises $14.49M for global expansion - 0 views

XRP Underperforming Because of Low Institutional Adoption & Intense Competition: Report - 0 views

Visa debit card available in Europe allows users to spend Dai stablecoin anywhere in the world - 0 views

Early Investors in Telegram Crypto See 400% Returns - But Buyers Risk It All - 0 views

Libra Has 'Supercharged' Central Bank Interest In Bitt - 0 views

Is Fed vote on real-time payments a sign of a wider split? - 0 views

The rebirth of private currencies - 0 views

TCH RTP: Simple, Transparent, Uniform Pricing for All Financial Institutions - 0 views

American Banker's Criticism of RTP: It's Like Rain On Your Wedding Day - 0 views

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Group items matching
in title, tags, annotations or url