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Central banks must embrace the revolution under way in digital money to ensure they remain at the heart of the global payments system.
The Fed isn’t developing a digital currency but is studying the costs and benefits of such a move, US Federal Reserve Chairman Jerome Powell said.
France's central bank will next year launch a call for projects to develop a digital currency, its governor said.
PETALING JAYA: Kenanga Investors Bhd (KIB), the asset management arm of Kenanga Investment Bank Bhd, has completed its business consolidation exercise with its wholly owned subsidiary, Libra Invest Bhd.
The EU's powerful anti-trust regulator is taking a closer look at Apple Pay, an official said on Nov 15, amid worry that the fast-growing and easy-to-use payment system is shutting out rivals.
Alphabet Inc's Google said on Nov 13 it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc and a small credit union at Stanford University.
Facebook on Nov 12 said it is consolidating the system that handles payments at the social network and in its family of messaging apps.
Facebook Inc is consolidating its various payments features into a single product with a new name, with plans to roll it out across all of the company’s apps.
My desperation to see Ariana Grande in concert created the perfect trap. Instead of seeing her sing about love and loss, I got sucked into an online ticket scheme that cost me US$75 (RM309) and a big chunk of my pride
Facebook on Nov 4 unveiled a new logo to represent the Silicon Valley company, distinct from its core social network.