Category: Financial Services

The Future of Crypto Payments in the Retail Market

Visual Capitalist, Jeff Desjardins, Apr. 18, 2018
This infographic, created by NetCents, highlights the growing acceptance of cryptocurrency by retailers and consumers’ willingness to consider using it. In addition, the graphic highlights the major hindrances preventing crypto from reaching mass payment adoption, as well as how the future may look significantly different than today.

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Santander Rolls Out Blockchain-based Money Transfer Service

Finextra Press Release | Apr. 12, 2018
Santander announced its rollout of its international money transfer service, as ‘Santander One Pay FX’, for retail customers in Spain, the UK, Brazil and Poland. The service will provide full transparency on fees and FX upfront. Santander is one of the first global banks to rollout a blockchain-based payments service for retail customers.

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Harvard Kennedy School and Bank of America Announce The Council on the Responsible Use of Artificial Intelligence

Bloomberg Law Code & Conduit, Dean Garfield | Apr. 10, 2018
It may be too early to regulate the robots. But the U.S. government needs to play a big part in the rollout of artificial intelligence to make sure it benefits society, Dean Garfield, president and CEO of ITI told Bloomberg Law. “Whether you call it collaboration or national strategy, I think some exercise aimed at motivating the country to recognize the importance of AI is critically needed,” Garfield said.

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