BRIAN KANTOR: Is Libra simply a bank by another name?
SA banks lose as much as R800m a year to credit and debit card fraud. They likely spend even more on trying to prevent fraud
13 July 2019 - 08:00
Is new blockchain-backed payments system Libra, to be introduced by Facebook, a pure and much lower-cost payments system? Or a bank, or equivalently a money-market fund, upon which transactions can be drawn conveniently for low or no fees?