Central bank digital currencies (CBDC)

Showing Latest Central bank digital currencies (CBDC)

E-commerce and POS proliferate, cash and crypto bring up the rear

09 Aug 24 @ 13:11

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK,... read more

The UK payments landscape – A detailed analysis

05 Aug 24 @ 15:32

According to the latest Digital & Card Payment Yearbooks,  in recent years, the UK payments landscape has undergone a dramatic transformation, driven by technological advancements and changing consumer behaviours. The... read more

The Bank of England’s strategy for innovation in payments

31 Jul 24 @ 11:32

As the global financial landscape evolves, the Bank of England (BoE) has released a discussion paper outlining its approach to innovation in money and payments. This comprehensive strategy emphasizes the... read more

Investors over-valued payments firms and CBDCs are overhyped: 2024 jury

23 Jul 24 @ 09:55

According to the 2024 report from the Payments Innovation Jury, many payments firms were over-valued prior to the pandemic, CBDCs have been overhyped and Asia remains the most promising region... read more

The Spanish payments landscape – A detailed analysis

10 Jul 24 @ 16:23

The latest Digital & Card Payment Yearbooks, offers a comprehensive overview of the Spanish payments and it significant transformations in recent years, driven by advancements in technology, consumer behaviour shifts,... read more

ECB publishes progress report on digital euro preparation phase

25 Jun 24 @ 10:39

The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, which was launched on 1 November 2023 with the aim of laying the foundations... read more

BIS survey: 94% of central banks exploring CBDC

19 Jun 24 @ 13:30

94% of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering... read more

Digital pound at POS – no new infrastructure needed

14 Jun 24 @ 11:08

As part of the design phase for a digital pound, the Bank of England (the Bank) is conducting experiments and proofs of concept (PoC) in collaboration with private-sector innovators and... read more

US policy makers vote against Federal issued CBDC

30 May 24 @ 16:18

The US House of Representatives has voted to prevent the Federal Reserve from issuing a CBDC (central bank digital currency). The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom... read more

Developing blockchain-based systems for cross-border payments

15 May 24 @ 16:33

With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more

ECB conducts first DLT trials with 16 companies

14 May 24 @ 17:00

Yesterday, the Eurosystem successfully completed the first experiment in using new DLT technologies for the settlement of wholesale transactions in central bank money. Initially, 16 private companies have been onboarded and... read more

Bundesbank: Central banks must embrace CBDCs

08 May 24 @ 09:30

There has been, as you are well aware, much debate over the value, business case and usability of CBDC’s, with some quarters pushing it hard whilst others take a more... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more