Will Libra be the first global currency?
In short, Libra is no less than Facebook’s ambitious plan to create a global currency that makes it easy for anyone to send money all over the world.
Fintech is the ‘new normal’ with 55 per cent of consumers regular users
More than half of banking and financial services customers around the world use fintech products, according to deVere Group.
What to know about Blockchain-powered cross-border value transfers
Right now, a cross-border payment can involve a handful of humans at either side of the process; it can take days; and, it’s expensive. Blockchain can help.
Bitcoin is trading above $10,000 for the first time in over a year following Facebook’s cryptocurrency announcement and strong 2019 growth
The price of a single bitcoin exceeded $US10,000 for the first time since March 2018 on Friday, according to CoinDesk.
Facebook’s plan to beat the global banks
Facebook has unveiled an ambitious plan to launch an attack on the global financial system by creating a new cryptocurrency to be known as Libra
Visa, Uber and PayPal are reportedly backing Facebook’s Cryptocurrency
The WSJ reports that among those that bought into Facebook’s cryptocurrency are Visa, Mastercard, PayPal, Uber, Stripe, Booking.com and MercadoLibre.
Facebook and WhatsApp break cover with Bitcoin rival plans
Facebook, the social networking giant which owns the popular WhatsApp messaging app and image-based Instagram, is gearing up to launch a rival to bitcoin.
Banks still stalling real time payments: RBA
Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business
