PYMNTS

JANUARY 3, 2020

Digital currencies, yes – but with limits. 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.

Digital Currency 52

Digital Currency CBDC Central Bank Retail Payments 52

Fintech News

JANUARY 21, 2025

Similarly, Project Nexus , spearheaded by the Bank for International Settlements (BIS), aims to improve cross-border payment systems through faster, cheaper, and more transparent transactions. The initiative seeks to establish multilateral linkages of national retail payment systems.

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

The Payments Association

JUNE 16, 2025

The experiment was carried out in partnership with Thales, Secretarium, and Consult Hyperion, demonstrating both the technical plausibility and the layered complexities of enabling a central bank digital currency (CBDC) to function without internet connectivity. For payments leaders, the findings are not simply a technical footnote.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

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

The Paypers

OCTOBER 30, 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

Retail Payments 36

Retail Payments Digital Currency Central Bank Addressing 36

Finextra

JUNE 10, 2025

With a new generation of crypto payment solutions now available, businesses can accept crypto seamlessly, converting it instantly to their local currency. A Shift in Retail Payments Consumer desire to use crypto at checkout is growing fast. Retailers are responding. presence of 6,800 outlets.

Settlement 52

Settlement Gateways Payments BNPL 52

Clearly Payments

JANUARY 25, 2024

Some find their current payment methods sufficient (42.5%), while others cite service fees (38.7%), security concerns (35.5%), and integration challenges (29.2%) as barriers to adopting new options. Despite these advancements, challenges persist within the Canadian digital currency market.

Process 105

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

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 124

Cryptocurrency Stablecoins Digital Currency Regulations 124

Payments Source

NOVEMBER 3, 2019

To lay the groundwork for future success, retailers need to create a digital currency strategy. Most retailers and online brands are aware they need a digital currency plan but don't know where to start the process, says cryptocurrency lawyer Felix Shipkevich.

Digital Currency 80

Digital Currency Cryptocurrency Process Payments 80

Fintech Finance

SEPTEMBER 24, 2024

The Manifesto describes the 66 policies recommended by the 216 payments professionals who participate in The Payments Association’s stakeholder working groups. These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The Rewards.

CBDC 40

CBDC Retail Payments Central Bank Digital Currency 40

PYMNTS

DECEMBER 10, 2019

Members of the Governing Council anticipate informal discussions about digital currency, which will take place ahead of a Thursday (Dec. The ECB said it will launch its own electronic money, unless the private sector figures out how to speed up global payments and reduce the cost. dollar as the international reserve currency.

Central Bank 54

Central Bank Digital Currency Federal Reserve Fed 54

Finextra

JUNE 11, 2025

National Electronic Funds Transfer (NEFT) (2005): Provided a nationwide electronic fund transfer system for retail payments, operating in batches. Financial Inclusion: Digital payments have significantly deepened financial inclusion, bringing millions of previously unbanked or underbanked individuals into the formal financial system.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

The Payments Association

DECEMBER 9, 2024

Concerning stablecoins, despite the lack of a ‘big bang’ moment in retail payments, the government intends to proceed with the new regulated activities for stablecoin issuance to manage specific risks and ensure alignment with international recommendations.

Stablecoins 88

Stablecoins Consulting Rules Regulations 88

Payments Source

NOVEMBER 11, 2019

The challenge is to digitize digital currency rewards in such a way where a retailer could issue its own token, and that token could be used at a multitude of retailers, says cryptocurrency lawyer Felix Shipkevich.

Digital Currency 74

Digital Currency Cryptocurrency Payments ISOs 74

PYMNTS

JUNE 26, 2019

Facebook revealed last week that it plans to launch its own digital currency next year. A wider use of new types of crypto assets for retail payment purposes would warrant close scrutiny by authorities to ensure that they are subject to high standards of regulation. financial system.

Fed 51

Fed Federal Reserve Consumer Protection Digital Currency 51

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?

Treasury 59

Treasury CBDC Assessments Digital Currency 59

PYMNTS

JUNE 26, 2019

In a letter to G20 leaders before their summit in Osaka, Japan this weekend, Randal Quarles, head of the FSB and vice chair for supervision at the Federal Reserve , spoke of the potential risks posed by digital currencies.

Regulations 56

Regulations Federal Reserve Consumer Protection Authorization 56

The Fintech Times

DECEMBER 31, 2023

“The European Commission’s draft proposal to mandate the use of instant payments for all Eurozone transactions, now provisionally agreed upon by the European Parliament, and Council of the EU, will be one major driver. Conversely, the crypto environment seemed to raise more questions than it answered.

Global Payments 124

Global Payments Online and Mobile Banking Alternative Payment Methods Instant Payments 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). The digital renminbi, or e-CNY, has been in development since 2014 and entered its pilot phase in 2019. Further collaborations are also underway.

FinTech 59

FinTech Online and Mobile Banking Economy Digital Currency 59

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

PYMNTS

OCTOBER 2, 2020

European Central Bank Outlines Use Cases for Digital Euro. The European Central Bank says Europe should be ready to adopt a digital euro so residents can access money amid the evolving retail payment landscape. Goldman to Pay $2.5B for General Motor's Credit Card Business. billion, beating out competitor Barclays.

Use Case 77

Use Case Credit Cards Central Bank Push-to-Card 77

Fintech Finance

JULY 4, 2024

Open banking investment Fintech is the future of financial services and, by delivering the next phase of open banking and open finance, we can unlock the potential for increased competition in retail payments.

Scams 75

Scams Payments Interoperability Government 75

PYMNTS

APRIL 27, 2020

Cagney called blockchain and digital dollars a “flip of the paradigm” that will eventually be overcome — despite nearly all of the consumer-facing retail payments schemes that have tried to build new rails that sidestep traditional card rails as a way to save fees and have largely failed.

Blockchain 108

Blockchain Tax Refunds IRS Fed 108

CoinRemitter

JUNE 26, 2024

Blockchain also supports creating and trading digital assets like tokens for stocks, bonds, and commodities. Central Bank Digital Currencies: Central banks are looking into using blockchain for digital currencies instead of physical cash. They also give central banks more control over monetary policies.

Blockchain 40

Blockchain Central Bank Cryptocurrency Digital Currency 40

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). Transactions tested included retail transfers among individuals and retail payments with merchants for purchasing goods and services.

CBDC 125

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

The Payments Association

MARCH 20, 2025

Diana Carrasco Vime, head of the Digital Pound Project at the Bank of England, discusses the vision behind the digital pound and its potential to transform retail payments while maintaining trust and financial stability. How could a digital pound help improve financial inclusion and accessibility in the UK?

Digital Currency 88

Digital Currency Retail Payments Privacy Stablecoins 88

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 Federal Reserve 90