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1 Article
Source: Common Domain

IBM ramps up cryto-related cross-border payments offering

Tuesday 04:14 GMT

“We’ve created a new type of payment network designed to accelerate remittances and transform cross-border payments to facilitate the movement of money in countries that need it most,” said Marie Wieck, general manager, IBM Blockchain, in a news release.

IBM, -0.34%   said on Monday its Blockchain World Wire initiative, a global payments network for regulated financial institutions, has entered production and will support instantaneous foreign exchange payment and settlement in more than 70 countries, supporting close to 50 currencies.

1 Article
Source: The Guradian

Facebook agrees to ban discriminatory ads in civil rights settlement

Wednesday 20:54 GMT

The American Civil Liberties Union (ACLU) and other rights groups, which sued Facebook for violating civil rights laws with its ad practices, announced the “historic settlement” on Tuesday, saying “sweeping changes” would restrict illegal and discriminatory ad targeting. Facebook has for years faced criticisms over the ethics and legality of the way it lets advertisers “micro target” ads to specific groups of users.


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