Page 32 - Consumer Payments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Brazil’s parliament is expected to debate a bill that would officially recognize BTC as legal tender and allow citizens to use it as payment for goods.

With 95% of African consumer payments done in cash, the opportunity to digitize payment in the continent is significant. MSMEs are at the forefront of commerce and banking. Fintech firms, mobile money operators and others are scrambling to develop payment solutions. Which ones will be successful?

Amazon has launched its Returnship program in the United States to help people get back into work following the coronavirus pandemic which saw people lose their jobs due to the lack of trade.

Private Money And Central Bank Money As Payments Go Digital: An Update On CBDCs, Federal Reserve Governor Lael Brainard At The Consensus By Coindesk 2021 Conference, Washington, D.C. (Via Webcast) Date 24/05/2021 Technology is driving dramatic change in the U.S. payments system, which is a vital infrastructure that touches everyone.1 The pandemic accelerated the migration to contactless transactions and highlighted the importance of access to safe, timely, and low-cost payments for all. With technology platforms introducing digital private money into the U.S. payments system, and foreig...

Source: US State of New York Federal Reserve Technology is driving dramatic change in the U.S. payments system, which is a vital infrastructure that touches everyone.1 The pandemic accelerated the migration to contactless transactions and highlighted the importance of access to safe, timely, and low-cost payments for all. With technology platforms introducing digital private money into the U.S. payments system, and foreign authorities exploring the potential for central bank digital currencies (CBDCs) in cross-border payments, the Federal Reserve is stepping up its research and public engagem...