Other Strong Payments Component (e.g., insurance, healthcare)

THE PROS AND CONS OF MAKING PAYMENTS WITH SOCIAL MEDIA PAYMENT PLATFORMS

This brief explores how social media offer a means of sending or received money through proprietary apps or apps like Venmo or Google Wallet. The pros and cons are discussed.

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STABLECOIN AND PAYMENTS

This is a link to PAXOS, where they explain Paxos stablecoins are subject to oversight by the New York State Department of Financial Services, meeting the high standards of consumer protection. PAXOS uses API-based blockchain technology to implement payments solutions across many different industries.

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OPEN INSURANCE IS STILL ALL BARK AND NO BITE FOR NOW…BUT MANDATED OPENNESS WILL SOON CHANGE THAT

A brief description by INNOPAY of the relationship between open banking and another financial service like open insurance. The authors suggest that mandated openness will soon change otherwise slow developments.

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