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Bitcoin Daily: Rhode Island’s Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto Plans

PYMNTS

Our proprietary Atomic Swap technology enables immediate trade between major cryptocurrencies, our partners’ alternative currencies, and fiat currencies — both on the platform and in the local market,” according to the whitepaper. . Ultimately, outside of the villages, you really can’t trade cell phone minutes for anything,” he continued. “So

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Charles Potts: Fueling growth through innovation

Independent Banker

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

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25 Million Mobile Users, Only 2 Million on Bank of America’s Erica

Bank Innovation

Keep in mind that we started the rollout earlier this year with Rhode Island (which has a relatively small population) and completed in all markets in June," Betty […]. Bank of America might have 25.3 million active mobile users, but only two million of those users are using the bank's virtual assistant Erica.

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Citizens Access Targeting ‘Optimizers’ to Grow Deposits Beyond the Bank’s Footprint

Bank Innovation

Citizens Access, the digital-only arm of Rhode Island-based Citizens Financial Group, has grown to about $4 billion in deposits, mostly from new customers outside the bank's traditional footprint, since its launch in July 2018. If you build it, the optimizers will come.

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DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”. David Cicilline (D-Rhode Island) ended the hearing by saying the companies “have monopoly power.” Google, Facebook Inc. and other tech companies have been facing backlash from lawmakers and regulators around the globe.

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Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

Many individuals received the cards in unmarked envelopes and threw them out because the recipients believed they were scams or marketing offers. The cards are expected to reach 4 million consumers and offer them a low-cost method to quickly tap into the funds, but initial rollouts have hit hurdles.

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Mastercard And BJ’s To Offer A ‘Priceless’ Boston Experience

PYMNTS

2) that they are running a contest to reward shoppers who pay with Mastercard credit, debit or prepaid cards at BJ’s locations in Rhode Island, New Hampshire, Maine and Massachusetts. The credit card company and retail wholesaler announced on Tuesday (Aug. The prize? Maripi Jalandoni, EVP of U.S. ”

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