article thumbnail

Key considerations for the adoption of digital currencies

Finextra

Central banks across 66 countries are now in the advanced phases of exploring Central Bank Digital Currencies (CBDCs), with 44 pilots including the digital euro already underway. But digital currencies do not stand on their own. Digital currencies can be issued by central banks (aka. billion in April.

article thumbnail

Payments trends report 2024

The Payments Association

Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Playing a strategic role in the future of payments

The Payments Association

Rotzer identifies several trends likely to influence the payments landscape, including artificial intelligence (AI), embedded finance, and digital currencies such as stablecoins and central bank digital currencies (CBDCs).

article thumbnail

PAY360 2025 unpacked: Key survey findings shaping the future of payments

The Payments Association

It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Real-time payments and digital currencies follow, each identified by 8% of respondents. Why is it important? What’s next?

article thumbnail

DIFC Celebrates Strong Year in 2024, as Tech, AI and Fintech Sectors Enjoy Record-Breaking Growth

The Fintech Times

The AI, fintech and innovation workforce is also growing, standing at 4,243 – representing a 43 per cent jump from the previous year. DIFC capitalises on AI success in 2024 Emerging technologies and the convergence of AI and fintech are contributing to the evolution of financial services and other future-focused industries.

AI
article thumbnail

Empowering Financial Institutions: An Interview with the CEO of Almond FinTech

Fintech Review

Almond standardises cross-border communication and leverages AI to streamline international transfers efficiently. It looks at all available blockchain networks, digital currencies, and exchanges, and then optimizes a routing between two countries given market trends, rates, fees, and liquidity. Let’s dive in.

article thumbnail

The Journey of Payments and Clearing Systems in India

Finextra

Future Outlook based on Government Policies and RBI Initiatives Indias future payment landscape will be shaped by a continued push towards digitization, financial inclusion, security, and internationalization, guided by the RBIs "Payments Vision 2025" and governments "Digital India" initiatives.