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Twenty-four central banks will have digital currencies by 2030 - BIS surveySome two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday.
Source: Reuters - 🏆 2. / 97 Read more »
Banks’ Newest Fed Headache: Nonstop Instant PaymentsAnalysts worry that a new Federal Reserve system for banks will trigger deposit flight
Source: WSJ - 🏆 98. / 63 Read more »
The Point: New York City Schools Chancellor David Banks on attendance issues & meeting students' changing needsThe Point with MKramerTV: NYC Schools Chancellor David Banks is trying to change the school system to fit the new realities of a high-tech society, while overseeing a budget of over $30 billion, a million students and some 75,000 teachers.
Source: CBSNewYork - 🏆 268. / 63 Read more »
‘The Out-Laws’ Review: Brosnan, Barkin, Bandits and BanksReview: Netflix’s comedy “The Out-Laws” features Adam DeVine as a man who suspects his future in-laws—played by Pierce Brosnan and Ellen Barkin—are robbers, and it delivers more cringe than laughs
Source: WSJ - 🏆 98. / 63 Read more »
Exclusive: South Korea asks banks to prepare $4 billion to support credit unionSouth Korea's financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdrawals, two banking sources familiar with the matter said on Monday.
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: South Korea asks banks to prepare $4 bln to support credit union -sourcesSouth Korea's financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdrawals, two banking sources familiar with the matter said on Monday.
Source: Reuters - 🏆 2. / 97 Read more »