Fintech News

JULY 13, 2025

Australia’s central bank has announced that Project Acacia is moving into its next phase of testing to examine how crypto assets and central bank digital currencies (CBDCs) could support the growth of the country’s wholesale tokenised asset markets.

Central Bank

The Paypers

JUNE 16, 2025

The collaboration with ConnectPay, a licenced electronic money institution based in Lithuania, marks what InSoil representatives describe as a step toward offering investors a more secure and streamlined way to participate in sustainable agriculture projects.

Multi-Currency

The Payments Association

JUNE 16, 2025

Geographically, the research spans all UK regions, with strong representation from England’s commercial centres (London, Birmingham, Manchester) and meaningful participation from Scotland, Wales, and Northern Ireland. Read More »

Innovation

The Paypers

JUNE 20, 2025

The round was led by Fika Ventures and QED Investors, with continued participation from existing investors TTV Capital and Bling Capital. The funding arrives less than a year after its previous raise and is intended to scale product development, particularly in the areas of AI integration and operational infrastructure.

Embedded Payments

The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

Regulations

The Paypers

JUNE 18, 2025

The round included participation from Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.

CBDC

The Paypers

JUNE 25, 2025

Aggregator groups such as Mortgage Choice, Finsure and Connective, along with lenders including CBA and Westpac Group, have reportedly participated in early phases of this integration.

Accreditation

Finextra

JULY 22, 2025

Home News Crypto Bank of England mulls shelving of digital pound Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The sources said the central bank wants to be in a position to launch a CBDC if it is eventually warranted.

CBDC

The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC.

CBDC

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. The first CBDC card transaction in Eurasia was successfully made on 15 November 2023. This marked a milestone in the region’s digital currency journey.

CBDC

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC

Fintech News

MARCH 25, 2024

Swift, the global financial messaging cooperative, revealed that the latest round of experiments conducted within a collaborative Central Bank Digital Currency (CBDC) sandbox has shown promising results for the application of CBDCs and digital tokens. said Tom Zschach, Chief Innovation Officer at Swift.

CBDC

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

Fintech News

JUNE 4, 2024

The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC).

Cross-Border Payments

The Paypers

SEPTEMBER 6, 2024

Brazil's central bank (BCB) announced the selection of 13 participants for the second phase of its central bank digital currency (CBDC) initiative.

Central Bank

PYMNTS

DECEMBER 6, 2020

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a report from CoinDesk. Speaking with David Rubenstein at a Bloomberg event on Friday (Dec.

CBDC

The Fintech Times

SEPTEMBER 25, 2024

While 134 countries and currency unions, representing 98 per cent of global GDP, are currently exploring a central bank digital currency (CBDC), the Bank of Canada has revealed it is officially putting efforts to introduce a digital version of the Canadian dollar on pause. But what would spark such a U-turn?

CBDC

The Fintech Times

AUGUST 28, 2024

Looking to harness this potential, the Hong Kong Monetary Authority (HKMA) launched ‘Project Ensemble’ in March earlier this year, a wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in the region.

Interbank Settlement

The Paypers

JUNE 18, 2021

Xi’an Bank and Hainan Bank are the latest Chinese banks to begin participating in the country’s central bank digital currency (CBDC) trials, Chinese media agency Sohu has reported.

CBDC

PYMNTS

DECEMBER 22, 2020

The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. Any bank can participate in the digital currency initiative, Ledger Insights reported.

Distributed Ledger Technology (DLT)

The Fintech Times

JUNE 19, 2024

The Central Bank of the United Arab Emirates (CBUAE) has approved new regulations for stablecoins, enabling it to integrate Dirham-backed digital currencies into its financial ecosystem. What could it mean for the future of the financial ecosystem, for the crypto space in the region, and the future of a UAE CBDC?

CBDC

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

Participant

The Paypers

JANUARY 4, 2022

The Jamaican central bank has completed the pilot testing of its central bank digital currency, with the participation of only one payment service provider.

CBDC

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. The Value Of CBDC .

Stablecoins

Fintech News

DECEMBER 20, 2023

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots.

FinTech

The Paypers

SEPTEMBER 30, 2021

The Bank of England and the UK Treasury department have announced that PayPal , Amazon , and Visa will be among the corporate representatives participating in two advisory groups that are exploring a possible Central Bank Digital Currency.

PayPal

Fintech News

MARCH 5, 2024

The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore.

APACS

Fintech News

MARCH 5, 2024

The session will shed light on the regulator’s drive towards innovation, transparency, and collaboration, highlighting initiatives like mBridge for cross-border CBDC payments and the successful real-time payments between PromptPay in Thailand and PayNow in Singapore.

APACS

Fintech News

FEBRUARY 28, 2024

While still below the all-time high of US$3 trillion in November 2021, this recovery signals a positive momentum and a rekindled interest in digital currencies. The market’s resilience is evident in the rebounding global crypto market capitalisation, which saw a 79% increase from US$795 billion at the start of 2023 to US$1.61

Cryptocurrency

Fintech News

AUGUST 13, 2024

The region is leading the way with initiatives such as real-time cross-border payment linkages and the exploration of multi-central bank digital currency (CBDC) settlements. This would become one of the tools that they can leverage to better identify and stop fraud before it transpires.”

Cross-Border Payments

Fintech Finance

MARCH 26, 2024

The cooperative has focused its innovation agenda on interoperability between digital currencies and tokenised assets to overcome the potential risk of fragmentation, caused by the development of digital currencies on different technologies and with different standards and protocols.

Cross-Border

PYMNTS

OCTOBER 16, 2020

In the How We Will Pay 2020: Home As The Consumer’s Commerce Command Center study, a Visa and PYMNTS collaboration, we polled a census-balance panel of just under 9,860 consumers to find out how consumers are harnessing their connected devices to participate in digital-first shopping experiences.

Instant Payments

Fintech News

DECEMBER 13, 2024

It is particularly important in countries with a history of currency crises, where stablecoins can offer a tool for greater economic stability and resilience. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.

Stablecoins

PYMNTS

FEBRUARY 25, 2020

Blockchain circles have been enamored with central bank digital currencies (CBDCs), but the feeling doesn’t seem to be mutual as banks aren’t as interested in that form. At the conference, ideas about digital currencies were discussed, according to Coindesk.

Rules

Faster Payments Council

MARCH 15, 2023

The panel will explore some of these initiatives including the New York Fed's CBDC pilot program with major banks, the recently concluded Boston Fed's Project Hamilton and other global CBDC projects. C2B) to better capture the benefits of digital and mobile transacting, and how it's beginning to happen in the U.S.,

FPC

PYMNTS

APRIL 24, 2020

In today’s top news, 19 firms are participating in a pilot program to trial China’s new digital yuan, and the U.S. Starbucks Among 19 Firms Trialing China’s Digital Yuan. The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital yuan with 19 local businesses, including the U.S.

Treasury

The Paypers

SEPTEMBER 17, 2020

Société Générale (SocGen) Forge , selected by Banque de France to participate in its wholesale central bank digital currency (CBDC) trials, is using the Tezos public blockchain as the platform for the trials.

Blockchain