John Adams

The e-commerce giant is looking for someone whose skills pertain to distributed ledgers and digital currency.

The move furthers the retail giant's strategy to become a one-stop shop for payments and financial services.

The bank and card brand will combine digital connections for supply chain finance and corporate disbursements.

The U.K.'s central bank says stablecoins should follow the same rules as traditional bank deposits.

From China to the Bahamas, central banks are rushing to create digital currencies that could be used for everything from attending the Olympics to helping the unbanked. Here are some notable initiatives.

Nearly 90% of central banks are considering or deploying digital currencies to speed transactions and reach underserved communities. But the larger the economy, the more difficult these projects are to implement.

Users of the Goldman Sachs-issued card found themselves unable to make payments or view account details.

The initiative would standardize and expand security, but marketing restrictions weigh against the business case for adoption.

When people stopped using Wag's core business during the pandemic, the company added multiple technologies to allow it to sell pet food, offer digital training and provide other services. Those same upgrades will stay in place as former clients come back.

Development and regulatory costs would be so high that the largest firms would need significantly more scale to justify the investment, according to new research from the Federal Reserve Bank of Richmond.