Central banks in Europe, Japan and Canada assess potential digital currencies
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
Bank of England
UK regulators fire Libor warning shots as deadlines loom
The FCA and Bank of England tell industry the time to act is now.
Bank of England and FCA plot internal data analytics shake-up
UK regulators outline plans to improve their data handling capabilities.
BoE’s Carney says finance is too slow on tackling climate change issues
Carney is due to become the United Nations’ special envoy for climate change.
UK regulators take aim at banks’ IT failures
The FCA, PRA and Bank of England have published a paper on operational resilience
Bank of England finds two-thirds of industry using machine learning
Firms would like to see more guidance around ML regulations.
Bank of England reveals new £20 note featuring artist Turner
The new polymer note will be the first to utilise two transparent windows.
Bank of England responds to Future of Finance report
It features five key action plans to meet the needs of the digital age.
Bank of England orders Visa to fix outage issues
The bank’s action follows the pan-European incident in June 2018.
UK banks capable of surviving a “no-deal” Brexit
However, a no-deal situation could leave the UK economy worse off than the 2008 recession.
Mark Carney’s backdoor to the European financial system
The boom in fintech investment should not be taken for granted.
ISO 20022 not snowed under by icy responses
Bank of England says responses to messaging standard were “largely supportive”.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
Bank of England tests financial sector’s cyber strength
Readying for resilience in a risky world.
Bank of England preps UK fintech for next decade
Its “Vision 2030” looks at the future of finance across the nation.
UK needs skills revolution in response to AI
Bank of England chief economist warns against job displacements.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Bank of England confirms blockchain viability for RTGS
DLT-based settlement with central bank money is alive and kicking.
UK regulators want banks to offer resilience brilliance
BoE, PRA and FCA call for feedback from firms and financial market infrastructures.
Bank of England warns of cybersecurity risks to UK stability
Domestics risks, other than Brexit, remain low.
Bank of England’s digital currency pushes ahead
The central bank digital currency (CBDC) begins to take shape.
TransferWise joins UK’s Faster Payments system
First non-bank payment service provider to directly access system.
Bank of England angles in on fintech hub scene
News revealed at yet another fintech conference in London.
Bank of England chief claims cryptocurrencies kind of cool
He’s changed his tune.
Bank of England guv’nor gives cryptocurrencies grief
BoE-ring! Carney joins critical-of-cryptocurrencies crowd.
Bank of England recovers from IT issues
Resolves technology communications problems following a regular internal IT update.
Stress is less for banks after Bank of England test
It’s been a good year for banks as in a first since the launch in 2014, the (BoE) reveals that no bank needed to strengthen its capital position as a result of its latest stress test.
Bank of England launches youthful cybersecurity challenge
The Bank of England (BoE) has unleashed a cybersecurity challenge for the young at heart as it seeks to maintain monetary and financial stability. It cites recent cyberattacks on high-profile systems and organisations such as the Bank of Bangladesh as something to be wary of. To that end, it’s calling for people to: “Think big. […]
Central banking and fintech: a brave new world?
This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilising force for the UK economy, inspiring others in the world of central banking.
UK to get New Payment Systems Operator by year’s end
The Payment Systems Regulator (PSR) and Bank of England (BoE) have revealed that the UK will be getting the New Payment Systems Operator (NPSO) by the end of 2017. The duo says that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver what was asked and so with the NPSO […]
Top fintech stories this week – 21 July 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Bank of England opens up RTGS service to fintech competition
The Bank of England (BoE) is opening up access to settlement accounts in its real-time gross settlement (RTGS) system with the goal to promote fintech innovation and competition. The bank says it’s extending access to non-bank payment service providers (PSPs), offering direct access to the UK’s sterling payment systems. The UK’s Financial Conduct Authority (FCA), […]
Bank of England fintech accelerator goes into third gear
The Bank of England’s (BoE) fintech accelerator has kept good speed and completed the third round of various proofs of concept (PoCs). As reported last year, BoE launched its own accelerator to harness innovation for central banking. The latest PoCs covered four areas of the bank’s work: analysing large-scale supervisory data sets; executing high-value payments […]
Top fintech stories this week – 12 May 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Bank of England unveils blueprint for new RTGS service
The Bank of England (BoE) has released its blueprint for a renewed real-time gross settlement (RTGS) service for payments in the UK – with plans to interface with blockchain and deal with APIs. On an average day, BoE says RTGS settles around £500 billion between banks – around a quarter of the UK’s annual GDP […]
Top fintech stories this week – 14 April 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Mastercard gets approval to buy VocaLink for $920m Deal expected to close in coming weeks. Bank of England implicated in Libor rigging by secret recording Well, it was secret. FIS sheds Ambit Private Banking business FIS inherited it […]
Bank of England implicated in Libor rigging by secret recording
A secret recording that implicates the Bank of England (BoE) in Libor rigging has been uncovered by the current affairs programme, BBC Panorama. Libor (London Interbank Offered Rate) is used by banks to set prices of financial products. Last year, several ex-Barclays workers were found guilty of manipulating the Libor interest rate between 2005 and […]
Bank of England teams with Ripple for cross-border payments
The Bank of England’s (BoE) fintech accelerator has teamed with Ripple for a cross-border payments proof of concept (PoC). As Banking Technology reported last year, the accelerator was set up to harness innovation for central banking. In this latest development, the PoC with Ripple is intended to demonstrate the synchronised movement of two different currencies […]
