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Proximity Payments in the light of COVID-19

Fed s Lael Brainard pushes digital dollar as central bank currency race heats up

Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up Posted on Federal Reserve Governor Lael Brainard pressed the case for a digital dollar, saying Monday that a cryptocurrency backed by the central bank could provide a variety of benefits. Providing financial services to the nearly 1 in 5 Americans considered “underbanked” is one of the advantages Brainard cited in a speech to a conference presented by Coindesk. She also cited the safety of a Fed-backed system, as well as improvements in efficiency and cross-border payments, or transactions between people in different countries. While stressing the importance of moving forward carefully, Brainard said the Covid-19 pandemic strengthened the need for a system in which a broad swath of the public has access to well-regulated digital money.

tTech launches virtual staging of TechCon 2021

tTech s Marketing and HR Manager Gillian Murray. tTech Limited has announced the virtual staging of TechCon 2021, which is scheduled for May 18 to 19, 2021.  This highly anticipated conference is its fourth staging and is expected to bring a wealth of knowledge surrounding the impact of the pandemic and the post-pandemic outlook for businesses, data protection and compliance as well as cybersecurity requirements.  The conference has already attracted a diverse line up of local and international speakers. The two-day line up includes international speakers, Twyla Pateman, Senior Information Security Consultant at Hitachi Systems Security; Kenneth McGee, Research Fellow, CIO at Info-Tech Research Group and Dalton Fowles, Country Manager Jamaica and Trinidad at Mastercard; to name a few.

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