Uber makes changes to driver pay. Will the fare increases have an impact on the service’s usage? Edited with BlogPad Pro
Following its year-long “Cad-coin” experiment (conducted in conjunction with the R3 consortium), Canada’s central bank determined that there are still “many hurdles to overcome” before DLT could reliably be deployed as the technology “underpin[ning] an entire wholesale payment system.”
The creators of a top “altcoin” are building privacy features for JPMorgan’s blockchain platform. Source: Worlds collide: JPM works with team behind anonymous crypto Zcash | American Banker This is a well written and well-cited article. If you study the article and make use of all the hyperlinks, you will have learned a lot.
The nation’s largest pension plan has 380 people overseeing $320 billion in assets. But when one of its top officials was asked during a board meeting how much in performance fees was paid to private-equity managers, he had to acknowledge no one knew. Source: Only Robots Can Tally What the Largest U.S. Pension Fund Pays…
In so doing, the $2 trillion-asset bank is adapting to a truth more banks are acknowledging: that customers are no longer coming directly to their branches, apps, websites or call centers. Instead, consumers are increasingly interacting with bank products in other places like Apple Pay, Facebook Messenger or Amazon Alexa. The internet of things promises…
Up to £5,000 can be sent to an international account without charge Source: Payment app Revolut to offer free money transfers abroad
It’s a machine that many people love to hate. What will it take to improve the experience of the self-checkout? Source: BBC – Future – The unpopular rise of self-checkouts (and how to fix them)
The Conference of State Bank Supervisors announced a raft of initiatives on Wednesday designed to make the state licensing system more attractive to fintech companies. Source: States move to obviate fintech charter | American Banker
It’s important to keep in mind that this is a sales pitch, but it is interesting viewing nonetheless.