Ripple’s (XRP) Exec Elected To A Federal Taskfor
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Posted On: 06/18/2018 11:05:35 AM
Ripple’s (XRP) Exec Elected To A Federal Taskforce
"..News reaching Ethereum World News indicate that Ripple is making major strides with their Head of Research on the Business Development team, Ryan Zagone, being elected to the Federal Reserve’s Faster Payments Task Force Steering Committee. The Steering committee is a 16 member team to represent the working group’s numerous stakeholders.
This task force by the Federal Reserve, was launched back in 2015. It has focused on identifying goals and attributes of effective faster payment systems; proposing solutions and assessing their capability to achieve those goals; and championing the payment industry to take steps toward implementation and adoption of faster payments capabilities. Its core vision is to call upon the different stakeholders to come together to realize the vision of a payment system in the US that is faster, ubiquitous, broadly inclusive, safe, highly secure, and efficient by 2020.."
https://ethereumworldnews.com/ripples-xrp-exe...taskforce/
Smaller financial firms likely to struggle with GDPR
"..Many small firms are unlikely to be fully compliant with the new rules of The General Data Protection Regulation (GDPR), according to Nigel Green, CEO of deVere Group.
Nigel Green made the comment two weeks since the implementation of GDPR, a regulation in EU law on data protection and privacy for all individuals within the EU and the European Economic Area.
Green said: “GDPR is a game changer for the financial services industry—the biggest shake-up I can remember. Not only is it protecting clients further by putting them back in control of their personal data, but it is going to make the industry work smarter, harder and better.”
http://www.assetservicingtimes.com/assetservi...le_id=8469
"..News reaching Ethereum World News indicate that Ripple is making major strides with their Head of Research on the Business Development team, Ryan Zagone, being elected to the Federal Reserve’s Faster Payments Task Force Steering Committee. The Steering committee is a 16 member team to represent the working group’s numerous stakeholders.
This task force by the Federal Reserve, was launched back in 2015. It has focused on identifying goals and attributes of effective faster payment systems; proposing solutions and assessing their capability to achieve those goals; and championing the payment industry to take steps toward implementation and adoption of faster payments capabilities. Its core vision is to call upon the different stakeholders to come together to realize the vision of a payment system in the US that is faster, ubiquitous, broadly inclusive, safe, highly secure, and efficient by 2020.."
https://ethereumworldnews.com/ripples-xrp-exe...taskforce/
Smaller financial firms likely to struggle with GDPR
"..Many small firms are unlikely to be fully compliant with the new rules of The General Data Protection Regulation (GDPR), according to Nigel Green, CEO of deVere Group.
Nigel Green made the comment two weeks since the implementation of GDPR, a regulation in EU law on data protection and privacy for all individuals within the EU and the European Economic Area.
Green said: “GDPR is a game changer for the financial services industry—the biggest shake-up I can remember. Not only is it protecting clients further by putting them back in control of their personal data, but it is going to make the industry work smarter, harder and better.”
http://www.assetservicingtimes.com/assetservi...le_id=8469
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