Principles for a global central bank digital currency and a single global payment system
The new global payment system should replace all current payment and settlement arrangements.
The new global payment system should replace all current payment and settlement arrangements.
European suppliers are essential in the building of technology on which a digital euro will operate.
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SIA and Colt will help the ECB connect through the ESMIG single access interface.
Deserving families have continued to be unfairly excluded from government relief throughout the COVID-19 crisis.
If the art of the possible is being explored, the art of the valuable remains elusive.
“Those in the private sector definitely have their own lifecycle,” says PBOC.
Some 113,300 personal digital wallets have been opened.
The pair are targeting central banks, schemes, and service providers.
A switch in tactic from Mastercard, which wasn’t always in favour of CBDCs.
COVID-19 thwarts Frankfurt’s plans to grab clearing business from Britain.
The bank says it will begin work in the “coming days”.
Some 4,000 digital LBCOINs will go on sale via the bank’s e-shop from 23 July.
Unlocking the benefits of open banking.
British taxpayers have been paying off slave owners from 1833 to 2015.
Sterling sank against the dollar and euro on Thursday, falling more than 1% following the announcement.
The bank hopes the test will pave the way for a more simplified market infrastructure.
This is the first of ECB’s “pandemic emergency longer-term refinancing operations” plan.
The consolidation is due to be completed in November 2021.
Both smart and ‘yam’ phones can pay through QR codes.
Hope springs eternal: discovering alternative lending in times of crisis.
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
“We are increasingly observing an ‘America first’ attitude among large US banks.”
The firms will also create a “next-generation” suite of central banking products.
FinTech Futures’ weekly coronavirus news wrap.
The potential for a CBDC to make such disbursements more efficient and effective is multi-faceted.
A brief overview of how governments and financial regulators have reacted to coronavirus.
“This funding will assist households and employers of all sizes,” says the Fed.
Analysts say cheaper loans will help the broader Chinese economy weather the current slowdown.
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
All things equal: Closing the gender gap in fintech.
The pandemic has given fintechs a time to shine.
Applications are due by 15 May 2020.
The ECB will act against banks which don’t comply.
These new sandboxes will be subject to lighter regulations.
House Democrats have drafted a bill which, if enacted, would create a ‘digital dollar’.
A further wave of dividend suspensions and cancellation of buybacks were announced.
The price on the US dollar liquidity swap arrangements will go down by 25 basis points.
The digitisation of payments has been “a challenging project” for the island.
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?