Libra’s Long Reach Impact in Payments
- Date:July 19, 2019
- Author(s):
- Krista Tedder
- Report Details: 9 pages, 7 graphics
- Research Topic(s):
- Tech & Infrastructure
- PAID CONTENT
Overview
The launch of The Libra Association came about with fanfare and a big misstep. Instead of focusing on the non-profit organization and what a new payment association, or scheme, could mean for the world of payments, the media and regulators are fixated on a launch partner, Facebook. The focus on Facebook, although it raises valid concerns, is not the reason a new cross border currency is needed.
What is more important than the “what” is the why – why is a stable coin needed for the United States payment landscape?
Learn More About This Report & Javelin
Related content
Navigating 1033: Technology Considerations for the New Rules of the Road
The long-awaited final rules under Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 present technology departments and tech leadership with a n...
Demystifying Payment Orchestration for Banks
Payment orchestration for banks is fundamentally about lowering costs, increasing efficiency, and creating better customer journeys. The process of building orchestration architect...
Banking as a Service and Self-Inflicted Wounds
The “unbundling” of financial services through banking-as-a-service arrangements cast risk and compliance into a gray area. This was underscored by the failure of BaaS provider Syn...
Make informed decisions in a digital financial world