October 06, 2022
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
Financial messaging system SWIFT said that it has solved one of the thorniest problems central bank digital currency (CBDC) developers have been wrestling with: How to use them for cross-border...
October 05, 2022
Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
October 05, 2022
SWIFT Shapes Global CBDC Framework Following 8-Month Study
A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among countries with varying and emerging...
September 30, 2022
Complaints to CFPB About Crypto Rose During Market Shakeup
The Consumer Financial Protection Bureau (CFPB) has seen a surge in consumer complaints about cryptocurrency as the crypto market has turned more volatile. That’s according to a Friday (Sept. 30)...
September 30, 2022
Coinbase Feels Heat as Business Model Cracks under Strain
Coinbase’s share price tumbled as the Nasdaq-listed cryptocurrency exchange’s core business model was challenged on two sides: by Wells Fargo, which gave it what amounts to a sell rating, and...
September 27, 2022
Capital One Continues to Lead Credit Card App Provider Rankings
Still: Top of the heap. A-number one. At least for this month, In the latest reading of the PYMNTS Credit Card App Provider Index, Capital One continued to maintain its...
September 23, 2022
Congress Drills Bank Brass on Authorized Push Payments Fraud
The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance, with private peer-to-peer payment network...
September 21, 2022
Today in Crypto: US House Stablecoin Bill Won’t Include Digital...
Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press release said. The crypto-rial’s goal...
September 21, 2022
Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
The hearing is titled: “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” And the appearance of and testimony by executives from the seven largest banks in the country...