How banks can lose $60 billion to cybercash highways

Synopsis: Cross-border transfers are going to be more faster and economical. Introduction Currently, the cross-border transfers are both too slow and too expensive for retail customers. The monetary authorities of Australia, Singapore, Malaysia and South Africa have come together with the Bank for International Settlements on Project Dunbar. It will explore the feasibility of a… Continue reading How banks can lose $60 billion to cybercash highways