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BIS warns of new monopolies in payments

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The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]

Rise of the platforms

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Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of […]

Covid wipes out cash

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The rate of spread of coronavirus through the human population may be slowing, but the pandemic seems well on the way to claiming another permanent victim: physical cash. That seems […]

Payments are about politics

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The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

Facebook scales back global currency plans

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In an updated version of its white paper, released today, the Libra Association says it is scaling back its initial plans for a global payments medium and instead focusing on […]

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