PYMNTS

MAY 21, 2020

In remarks made this month to the Consensus 2020 virtual conference , European Central Bank Executive Board Member Yves Mersch noted that about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC). So a retail CBDC is now [the ECB’s] main focus.”.

Digital Currency 97

Digital Currency Central Bank CBDC Federal Reserve 97

PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”.

CBDC 52

CBDC Central Bank Digital Currency Cross-Border 52

PYMNTS

JUNE 17, 2020

Meanwhile, European Central Bank (ECB) board member Yves Mersch said at a recent virtual conference that about 80 percent of 66 central banks queried by the Bank of International Settlements were already working on central bank digital currencies (CBDC). Mersch said a retail CBDC could be based on deposit accounts opened with a central bank.

Digital Currency 89

Digital Currency Central Bank CBDC Deposit Account 89

The Payments Association

OCTOBER 14, 2024

The flaws in prevailing central bank digital currency (CBDC) designs and suggestions for improving them. The designs broadly share a set of characteristics that, by and large, reflect a common set of mistaken assumptions that reveal important flaws in the prevailing CBDC proposals. What is this article about? Why is it important?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

JANUARY 14, 2021

The country is currently in the development phase of the central bank digital currency (CBDC), with the report noting that Sweden is set to decide by November 2022 whether to pursue the technology. Banks are raising concerns that adoption of the eKrona could lead to mass withdrawals of funds in deposit accounts.

RTP 62

RTP Real Time Payments Payment APIs and Integration Digital Currency 62

Open Banking Excellence

MAY 2, 2024

We have an Open Banking and Open Finance movement already, as well as CBDC concepts moving to the pilot stage. Now we are moving forward with new priorities, including sharing information on deposit accounts and lending balances as we shift from focusing on current accounts to more expansive Open Finance use cases.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Wharton Fintech

FEBRUARY 26, 2024

We have been working with governments on what is called central bank digital currency, or CBDC. Really any way or any type of transaction you want to do as a consumer is included. What we firmly believe is you as a consumer are going to want to have easy access to all the types of funds and materials that you want.

Visa 130

Visa Technology Payments Encryption 130