Payments Source

MAY 22, 2020

As the idea of central bank digital currencies starts to gain traction, the U.S. in particular needs to pay attention or risk losing a major aspect of its geopolitical power, according to JPMorgan Chase & Co.

Digital Currency 110

Digital Currency Central Bank Risk Blockchain 110

Fintech Finance

NOVEMBER 21, 2024

Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries. Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development.”

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

PYMNTS

MAY 21, 2020

The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may implement a monetary policy and issue currency.

Digital Currency 97

Digital Currency Central Bank CBDC Federal Reserve 97

The Fintech Times

NOVEMBER 8, 2024

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients.

Cross-Border 59

Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

Fintech News

DECEMBER 11, 2023

Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. The National Bank of Cambodia (NBC) has been instrumental in facilitating these digital currency evolutions.

Digital Currency 109

Digital Currency Blockchain CBDC Central Bank 109

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

Central Bank 131

Central Bank CBDC Settlement Treasury 131

PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

Blockchain 135

Blockchain Accounts Digital Currency Federal Reserve 135

Payments Source

MAY 27, 2020

Visa’s proposed serialization of the digital dollar will further intensify the debate over privacy issues raised by central bank digital currencies, says Seccurency's Patrick Campos.

Central Bank 122

Central Bank Privacy Digital Currency Blockchain 122

The Fintech Times

MAY 29, 2024

The idea that digital assets are exclusively some form of currency has been slowly dispelled, as new use cases emerge and are rapidly adopted across the globe. But digital currencies are far from irrelevant. CBDC overview across the MEA region in 2024 But why are so many countries adopting CBDC initiatives?

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Payments Source

JANUARY 7, 2020

Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.

Digital Currency 112

Digital Currency Central Bank Cryptocurrency Governance 112

Fintech News

JANUARY 9, 2025

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

Payments Source

MAY 6, 2021

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Digital Currency 119

Digital Currency Central Bank Money Laundering Risk 119

The Payments Association

JUNE 3, 2025

Tony: Lets pivot to digital currencies. Sudip: Blockchain has proven itself to be a valuable technology. Some private banks are starting to include crypto in their model portfolios. Others are looking at how digital assets might plug into existing systems, particularly in wealth management. Thats not the issue.

Digital Currency 88

Digital Currency Payments AI Compliance 88

CB Insights

MARCH 19, 2020

“Crypto not blockchain” was the dominant narrative in 2019. But despite the broad weakness in crypto prices, companies continue to build and launch products that benefit the maturing blockchain ecosystem. . Enterprise blockchain funding has lagged. Central banks are serious about fiat digital currencies.

Blockchain 100

Blockchain Central Bank Digital Currency Bitcoin 100

Fintech News

NOVEMBER 3, 2024

Access to a common settlement facility is also being facilitated through the SGD Testnet, featuring S$ wholesale central bank digital currency (CBDC) for market testing.

CBDC 119

CBDC Settlement Digital Currency Cross-Border 119

The Fintech Times

NOVEMBER 16, 2024

With advancements in payment systems, blockchain exploration, and digital currencies, these nations are harnessing technology to transform their financial landscapes and drive future development. per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

FinTech 69

FinTech Central Bank Financial Literacy Online and Mobile Banking 69

PYMNTS

AUGUST 11, 2019

The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported on Sunday (Aug. He was unclear, however, when the digital currency might actually launch. PBoC hosted a video conference on Aug.

Digital Currency 67

Digital Currency Central Bank Blockchain Research 67

Fintech Review

NOVEMBER 20, 2024

Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Almond’s proprietary Settlement Optimization Engine (SOE) is transforming how the world thinks about cross-border payments through blockchain-driven protocols. Our SOE works the same way.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Multi-Currency FinTech 115

PYMNTS

MAY 16, 2020

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from circulation. Credit card giant Visa has filed an application for a U.S.

Government 128

Government Governance Blockchain Request for Comment 128

The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The latest move by the National Bank of Ras Al Khaimah (RAKBANK) highlights this. The mBridge Ledger, a new blockchain, underpins the platform, supporting secure and instantaneous transactions.

CBDC 127

CBDC Cross-Border Payments Transactions Cross-Border 127

PYMNTS

OCTOBER 7, 2020

The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea Herald. The central bank said in April it had launched a 22-month pilot that would end in December 2021, the report stated.

Digital Currency 83

Digital Currency CBDC Central Bank Cryptocurrency 83

PYMNTS

JANUARY 20, 2020

Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. . … The language is interesting — and noteworthy.

Digital Currency 87

Digital Currency CBDC Retail Payments Central Bank 87

The Payments Association

JANUARY 21, 2025

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.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

MAY 27, 2020

The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created and backed by central banks, what do you do with them once you have them? He pointed to the concept of synthetic central bank digital currencies ( CBDC ).

Central Bank 57

Central Bank Digital Currency CBDC Settlement 57

PYMNTS

OCTOBER 11, 2019

For central banks, when it comes to cryptocurrencies, there’s no central theme. Whether the advent of digital coins signifies an existential threat to monetary policy at its most basic level – the way it’s been done for, well, centuries – depends on who’s weighing in on the subject. Others, not so much. Yays and Nays.

Central Bank 73

Central Bank Digital Currency Federal Reserve Non-Bank 73

PYMNTS

SEPTEMBER 21, 2020

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. 21) that JD Digital Technology and the PBoC will develop mobile apps and blockchain platforms in line with the coming digital currency.

Digital Currency 56

Digital Currency Central Bank eWallet Research 56

Fintech News

MARCH 24, 2025

In Singapore, the central bank strengthened in 2024 the Payment Services Act (PSA), introducing more stringent requirements for crypto service providers relating to AML/CFT, user protection and financial stability on service providers. Asia is a global leader in crypto adoption. million out of 560 million crypto owners worldwide.

APACS 90

APACS Verification Fraud Detection Money Laundering 90

PYMNTS

SEPTEMBER 15, 2020

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. Mastercard Leads Central Bank Digital Currency Test. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether. RTP Expands Across FI Base.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

Payments Source

JULY 13, 2020

The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to governor Andrew Bailey.

Digital Currency 77

Digital Currency Central Bank Blockchain 77

Payments Source

MAY 13, 2021

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Digital Currency 92

Digital Currency Central Bank Blockchain Digital Payments 92

Fintech News

SEPTEMBER 11, 2024

Initially, these will use fiat currencies, but Swift plans to eventually integrate tokenised forms of money such as central bank digital currencies (CBDCs) and stablecoins. Swift is also addressing the growing fragmentation in the digital asset ecosystem.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

PYMNTS

JANUARY 19, 2021

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. million), per CoinDesk.

CBDC 130

CBDC Interbank Settlement Settlement Central Bank 130

Payments Source

JANUARY 5, 2021

And there's still no sign of a central bank digital currency, leaving the U.S. Several government agencies have made deeper moves into crypto oversight, leaving a trail of angry executives and unresolved political questions. at risk of falling behind other countries in the race to support faster payment processing.

Fincen 154

Fincen OCC Digital Currency Central Bank 154

PYMNTS

MARCH 29, 2019

Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. Federal Bank confirmed the collaboration in an announcement to the Bombay Stock Exchange on Thursday (March 28). Regardless of its position on cryptocurrency, the country is very pro-blockchain.

Blockchain 96

Blockchain Cross-Border International Payments Cross-Border Payments 96

PYMNTS

DECEMBER 7, 2018

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital identity, The Next Web reported.

Blockchain 75

Blockchain Central Bank Digital Currency Blocks 75

Fintech News

FEBRUARY 2, 2025

2) Digital Assets: A Borderless Economy Digital assets are revolutionising how value is stored and transferred, offering continuous access to capital while bypassing traditional barriers. Through global collaboration, AI can unlock unprecedented opportunities for financial institutions and consumers alike.

Innovation 132

Innovation Finance AI Encryption 132

PYMNTS

NOVEMBER 10, 2020

The emergence of the “network of network” strategies on the parts of Visa and Mastercard have opened the door for faster payments, for the electronification of payments — and for blockchain to underpin it all. China, of course, has been a leader here in its efforts to trial and deploy a digital yuan. Back in May, i2c Inc.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129