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The previous occupant of fdic chair states “bank dominated payments system” could lead to severely negative consequences regarding cbdc

So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its дальше »

2018-6-13 07:25


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Transaction Banking: Good Enough Is Not Enough

The words “innovation” and “disruption” have been almost synonymous with discussion of new technology in the payments industry over the last year. Yet, at recent banking events — including the annual BAFT Conference this month — the commentary about this progress has not been one of excitement or alarm, but rather that the existing technology powering international … Continued The post Transaction Banking: Good Enough Is Not Enough appeared first on Ripple. дальше »

2018-6-17 01:06


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