digital currency

Digital currency is a type of currency available in digital form. It exhibits properties similar to physical currencies, but can allow for instantaneous transactions and borderless transfer-of-ownership. Examples include virtual currencies, cryptocurrencies, and central bank digital currency.

Source: en.wikipedia.org

Today In Payments: Banks Wary As Fed And MIT Prep Digital Currency Report; Jumio Lands $150 Million

Today In Payments: Banks Wary As Fed And MIT Prep Digital Currency Report; Jumio Lands $150 Million
Today In Payments: Banks Wary As Fed And MIT Prep Digital Currency Report; Jumio Lands...
March 23, 2021  |  News

In today’s top news, Boston’s Federal Reserve and MIT could reveal digital dollar prototypes this summer, and Jumio raised $150 million to expand its digital...

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Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The US
Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The...
March 23, 2021  |  Banking

In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application...

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Kessler Hotel Chain Takes High Road On Crypto Payments
Kessler Hotel Chain Takes High Road On Crypto Payments
March 23, 2021  |  Cryptocurrency

In a move that separates it from the pack and provides a further signal that cryptocurrencies are moving mainstream, earlier this month, luxury hotel chain...

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Banks Wary As Fed Speeds Up Digital Currency Initiative
Banks Wary As Fed Speeds Up Digital Currency Initiative
March 22, 2021  |  Cryptocurrency

The U.S. financial services sector is getting edgy as the Federal Reserve’s initiative for a digital dollar or Fedcoin steps up its research to reveal...

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Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In UK
Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In...
March 22, 2021  |  News

In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the...

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Fed Chief: Cryptocurrencies Remain A ‘Speculative Asset,’ Much Like Gold
Fed Chief: Cryptocurrencies Remain A ‘Speculative Asset,’ Much Like Gold
March 22, 2021  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell said Monday (March 22) that cryptocurrencies are “speculative” investments, and therefore not reliable. He added that the Fed is moving...

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BIS Says CBDCs Can Improve X-Border Payments 
BIS Says CBDCs Can Improve X-Border Payments 
March 22, 2021  |  Cross-border Payments

In the race to bring central bank digital currencies (CBDCs) to market, central banks’ efforts and progress run the gamut from exploratory (such as in...

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Bitcoin Daily: Morgan Stanley To Open Bitcoin Funds To Wealth Management Clients; Coinbase Valued At $68 Billion
Bitcoin Daily: Morgan Stanley To Open Bitcoin Funds To Wealth Management Clients; Coinbase Valued At...
March 17, 2021  |  Bitcoin

Morgan Stanley is now the first large U.S. bank to offer bitcoin funds to its wealth management clients, according to CNBC. Get the Full Story...

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