PYMNTS

JANUARY 3, 2020

According to a paper that debuted this week from the European Central Bank (ECB), central bank currencies in digital form have their uses, but individuals should be dissuaded from holding too much of a hypothetical digital euro. Negative interest rates would not be imposed on the payments “tier.”.

Digital Currency 52

Digital Currency CBDC Central Bank Retail Payments 52

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech 109

FinTech Cross-Border CBDC Web 3.0 109

The Fintech Times

SEPTEMBER 20, 2024

One of the biggest challenges central bank digital currencies (CBDCs) have faced in their development is who will actually use them. After all, if a country’s general public is happy with its current payment methods, why would they change? “Next month, we will launch the public phase of Project Acacia.

Treasury 59

Treasury CBDC Assessments Digital Currency 59

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.

CBDC 40

CBDC Retail Payments Central Bank Digital Currency 40

Fintech News

FEBRUARY 28, 2024

Compounding interest in Singapore is the government’s exploration of a wholesale Central Bank Digital Currency (CBDC) to settle retail payments , further validating the potential of digital currencies in transforming the financial landscape from the top-down — from governmental regulatory authorities right down to retail users.

Cryptocurrency 124

Cryptocurrency Stablecoins Digital Currency Regulations 124

The Fintech Times

SEPTEMBER 10, 2024

Crypto change China banned cryptocurrencies like Bitcoin in 2021 , shifting its focus to developing its own central bank digital currency (CBDC). By the end of June 2023, e-CNY transactions – primarily used for domestic retail payments – totalled 1.8 Further collaborations are also underway.

FinTech 59

FinTech Online and Mobile Banking Digital Currency Economy 59

Clearly Payments

JANUARY 25, 2024

Digital Currency and Payments in Canada In 2024, the Canadian digital currency market has experienced a notable surge in mainstream adoption, driven by increased media coverage, educational initiatives, and expanding use cases such as retail payments and cross-border transfers.

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC 125

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 125

The Fintech Times

FEBRUARY 15, 2025

While central banks across the globe have begun researching the possibility of introducing a central bank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.

CBDC 90

CBDC Central Bank Stablecoins Digital Currency 90