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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and operations, gained through his 25 years with HSBC.". In addition, government entities have become interested in “stablecoin” technology. On the heels of the U.S.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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Andreessen Partner Predicts More Libra-Type Crypto Efforts

PYMNTS

Mint’s decision to phase out production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030, Bloomberg News reported. The company raised $350 million in 2018 for startups working on the blockchain technology underpinning digital coins.

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What is elder financial exploitation? FinCEN guidance for financial institutions

Abrigo

By 2030 , 20% of the U.S. Older adults are frequently targeted by various scams that exploit their trust, unfamiliarity with technology, and, sometimes, their social isolation. Romance scams: These scams involve fraudsters building online relationships with elderly victims, often through social media or dating apps.

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JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B bid for Allfunds

Bussman Advisory

The post JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B bid for Allfunds More information on www.bussmannadvisory.com The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop?

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Meta to shutter Novi crypto wallet | Klarna valuation free-falls from $46B to just $6.5B | Metaverse to generate up to US$5 Trillion in impact by 2030

Bussman Advisory

McKinsey Report: Metaverse to generate up to US$5 Trillion in impact by 2030. McKinsey Report: Metaverse to generate up to US$5 Trillion in impact by 2030. to just $6.5B to just $6.5B Subscribe now to our weekly newsletter. Contact us at info@bussmannadvisory.com for more details.

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Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering

PYMNTS

These days, however, food delivery means digital technology, entrepreneurship and global acquisition activity — and reasonable questions about how this will all shake out in the coming few years. India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 That said, online food delivery is having its moment.

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