IMF

World Bank, IMF Debut Private Blockchain And ‘Quasi-Cryptocurrency’
World Bank, IMF Debut Private Blockchain And ‘Quasi-Cryptocurrency’
April 15, 2019  |  Blockchain

The International Monetary Fund (IMF) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.” The asset, “Learning Coin,” will be...

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Brexit’s Fizzle Of A Timeline
Brexit’s Fizzle Of A Timeline
April 12, 2019  |  Sizzle/Fizzle

In Samuel Beckett’s “Waiting for Godot,” there’s a line that rings a bit true of Brexit: “Nothing happens. Nobody comes, nobody goes. It’s awful.” The...

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IMF Head Sees Cryptos ‘Shaking’ The System — But Will Banking Stay Shook?
IMF Head Sees Cryptos ‘Shaking’ The System — But Will Banking Stay Shook?
April 11, 2019  |  Banking

To quote a rock ‘n’ roll poet (Jerry Lee Lewis): Whole lotta shakin’ going on. Depending on how you look at it, cryptocurrency is either...

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IMF Forecasts Decrease In Growth For Slowed Global Economy In 2019
IMF Forecasts Decrease In Growth For Slowed Global Economy In 2019
April 09, 2019  |  Economy

The International Monetary Fund (IMF) has released a new forecast about worldwide economic growth that shows the global economy is faltering, according to a report...

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UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
April 05, 2019  |  B2B Payments

 In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while...

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IMF Head Says Central Banks Should Look At Issuing Digital Currency
IMF Head Says Central Banks Should Look At Issuing Digital Currency
November 14, 2018  |  Cryptocurrency

IMF head Christine Lagarde called on central banks to seriously consider issuing digital currency to fill the gap left by the declining use of cash....

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Europe Seeks SWIFT Alternative
Europe Seeks SWIFT Alternative
August 27, 2018  |  Europe

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide...

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Venezuelan Bolívar Loses Five Zeros
Venezuelan Bolívar Loses Five Zeros
July 27, 2018  |  International

The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to...

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FIs Facing $100B A Year In Cyberattack Losses
FIs Facing $100B A Year In Cyberattack Losses
June 25, 2018  |  Security & Fraud

The impact from a cyberattack on financial institutions (FIs) could reach as high as a few hundred billion dollars annually, chipping away at profits and...

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