PYMNTS

MAY 21, 2020

Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. The company wrote in the document that under the system, users could “hold digital currency with the same denomination as the local physical currency (e.g., $100 So a retail CBDC is now [the ECB’s] main focus.”.

Digital Currency 97

Digital Currency Central Bank CBDC Federal Reserve 97

PYMNTS

JUNE 17, 2020

For instance, Nikkei Asian Review recently reported that Chinese officials are mulling developing an “East Asia digital currency” in what might be a new front in the race among nations to issue fiat rendered in bits and bytes. The idea of creating a digital coin backed by a basket of multiple currencies isn’t actually new.

Digital Currency 89

Digital Currency Central Bank CBDC Deposit Account 89

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

The Payments Association

OCTOBER 14, 2024

The flaws in prevailing central bank digital currency (CBDC) designs and suggestions for improving them. These design flaws could undermine efforts to create a public digital payments system for the future economy. What is this article about? Why is it important? What’s next?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Sweden Considers Implications Of Digital Currency. 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

Within all our projects – which range from central bank digital currencies (CBDCs) to Know-Your Customer (KYC) APIs – we aim to lower entry barriers for new entrants into the ecosystem. We have an Open Banking and Open Finance movement already, as well as CBDC concepts moving to the pilot stage.

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. I think that is another great example where we do over 150 currencies on the network today. Really any way or any type of transaction you want to do as a consumer is included.

Visa 130

Visa Technology Payments Encryption 130