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While we cannot accurately say that the two days Facebooks David Marcus were the worst two days a Facebook executive has ever had in front of Congress, that statement is more a testament to how rough some of Facebooks recent congressional hearing have been.聽 It can in no way be taken as a sign that senators on Banking Committee on Tuesday or their congressional counterparts in the House of Representatives on Wednesday went easy on Facebooks David Marcus, head of聽 its crypto currency project, Calibra.They didnt.Highlights from Tuesdays hearing include Ohio Sen. Sherrod Brown calling Facebook dangerous and delusional if they thought they should be allowed to create their own form of currency based on their less than stellar record of preserving consumer privacy. It takes a breathtaking amount of arrogance to look at that track record and think, you know what we really ought to do next Lets run our own bank and our own for-profit version of the Federal Reserve for the world, Brown noted.And while Democrats were the most vocal critics on Facebook during Senate hearings 鈥?they were far from alone.聽 I
stanley cup nz n fact, the Libra plan seemed to foster a rare moment of bipartisan cooperation, though Republicans were somewhat more likely to say something nice to Marcus, while
stanley cup firmly rebuffing the c
stanley cup rypto concept. Facebook has chosen to advance a set of values in which truthful reporting has been displaced by flagrant displays of [expletive] 8230; I have great respect for Facebook, but Fac Tkxz Big Bank Earnings Show Consumer Spending s Continued Resilience
Whether in Australia, India, Europe or the United States, mobile phones arent just driving interconnectivity, but are the key channel driving innovation in payments and commerce.Still, even in this digital world, where everyone and everything is connected via mobile, going global can be tough for a company looking to expand its operations abroad. Payments landscapes in different regions can vary greatly, and to succeed, businesses need to know the ropes.Take China, for example. Chinese consumers spent $1.2 trillion in mobile payments via Alipay and WeCha
stanley kubek t Pay in just the first three quarters of 2017. Meanwhile, in India, growing mobile penetration is fueling digital payments, which are expected to hit $1 trillion in market value by 2023 鈥?a radical shift in payment preferences post-demonetization.Mobile is also transforming the American payments market in a different way. As many as 33 percent of聽consumers use virtual assistants on their smartphones to shop, transfer funds and view their credit scores every day. Companies are realizing h
stanley cup ow important it is to venture into the virtual assistant ecosystem if they want to get a leg up on competition.Meanwhile, the Single European Payment Area Inst
stanley us ant Credit Transfer SCT Inst scheme, which allows users to transfer Euro-based funds in as little as 10 seconds, is not a technological innovation, but rather a broader, legal one, which businesses can leverage to expand their consumer base in Europe.And in Australia, where 60 percent
