PAYMENT

Facebook tries new approach in payments

Facebook’s ambitious plans for a new cryptocurrency called Libra may be bogged down by heavy government scrutiny and the withdrawal of key partners from the project. But that isn’t stopping […]

BIS boosts digital currency response

The Bank for International Settlements (BIS) is boosting its response to innovative financial technology such as cryptocurrency by appointing European Central Bank board member Benoît Cœuré as the head of […]

Payments to determine banks’ future

According to some fintech firms, large banks do have a future. It’s just as a low-value provider of the transaction data that they, the highly rated tech specialists, will exploit. […]