Facebook says it can solve the financial exclusion puzzle if regulators let it
David Marcus, the Head of Facebook’s Financial Services Division, believes that Facebook and the Novi Wallet can help address the problems that plague the financial system. He shared this information through a blog post on August 18, noting that the current payments system has multiple flaws that either side-line or underserve a large percentage of […]
Consumers’ Surge in Using Crypto to Buy Stuff: 60% Wants Crypto Payment Option
Despite the restrictions surrounding the acceptance of Bitcoin and cryptocurrencies, holders and non-holders are willing to use cryptocurrency for purchases. A survey conducted by PYMNTS.com reveals that owners, users, and non-holders prefer cryptocurrency payment to the traditional payment methods because of its privacy and untampered security features. This survey reveals that about 60-70% of individuals […]
