Clearly Payments

OCTOBER 31, 2024

Central Bank Digital Currencies (CBDCs) Overview : Central Bank Digital Currencies (CBDCs) are digital forms of a country’s national currency, issued and regulated by the central bank. Wholesale CBDCs focus on interbank settlements, enhancing security and efficiency in large transactions between financial institutions.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

FEBRUARY 13, 2020

Several patents among the 84 China has filed indicate that the country is aiming to adjust the supply of digital currency in the bank based on algorithms for things like loan rates or other specific triggers. Customers will be able to make deposits with their usual banks and then convert those deposits to digital currency.

Interbank Settlement 61

Interbank Settlement Digital Currency eWallet Adjustments 61

Finovate

JANUARY 31, 2024

interbank settlement system compared to similar systems in Europe that were deployed sooner. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.”

CBDC 64

CBDC PayPal Cryptocurrency Interbank Settlement 64