Showing results for 'BIS' in all areas
142 Articles | 20 Magazines | 0 Research | 0 Whitepapers

SWISS ACCURACY – ATTENTION TO DIGITAL

22 Oct 24 @ 13:55

Adding a new spin, or at least exploring an additional use case for CBDCs, the pioneering project established in Switzerland, Project Helvetia, begun in 2020, has just announced Phase III.... read more

Klarna and Adyen team on BNPL in physical stores

26 Sep 24 @ 15:55

Klarna has announced a major partnership with Adyen, aimed at bringing Klarna’s BNPL instalment payment options to physical retail locations. The collaboration marks a significant step for Klarna as it... read more

Japan’s megabanks blockchain cross-border payments project Pax

10 Sep 24 @ 11:01

Japan’s three largest banks, Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group, are taking bold steps toward revolutionising cross-border payments with the launch of Project Pax.... read more

LOCK UP YOUR DATA

14 Aug 24 @ 08:47

Amid ongoing and seemingly increasing incidences of fraud, it has been alarming to learn of a new wave of data theft of late. And it isn’t digital. I should be... read more

Banks must control risk as instant payments go global

30 Jul 24 @ 11:51

A new white paper  from global payments technology leader RS2 explains why banks must control the risks associated with instant payments to survive and prosper in a fast-emerging instant payments... read more

G+D Filia brings offline capability to digital payments

04 Jul 24 @ 13:32

Giesecke+Devrient (G+D) is making digital payments independent of online connectivity with a token-based payment solution G+D Filia Unplugged enabling secure offline payment transactions, bridging the gap between online and offline... read more

Project Nexus: blueprint for connecting instant payment systems

01 Jul 24 @ 11:54

The Bank for International Settlements (BIS) have announced that they have completed the comprehensive blueprint for phase three of Project Nexus, which will allow ready participants to work towards the next... read more

ANOTHER CALL TO ARMS FOR CBDCS, ANOTHER ENDORSEMENT FOR CRYPTO

31 May 24 @ 14:14

They say it takes a village to raise a child. When it comes to CBDCs, this should be the PR mantra for those central banks who have, or are, taking... 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

Local payments initiatives challenge dominance of card schemes

03 May 24 @ 11:10

The payments industry is undergoing rapid modernisation to stay current with digitally transforming economies and address rising end-user expectations. Customers are now asking for real-time payments for daily domestic and... read more

Project Agorá: Major project to tokenise cross-border payments

12 Apr 24 @ 13:09

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more

How the payments industry can optimise efficiency while creating value in 2024

20 Dec 23 @ 13:00

In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more

Swiss National Bank puts CBDC into production

06 Nov 23 @ 11:37

The Swiss National Bank (SNB) and six commercial banks, will collaborate on a pilot focused on tokenized central bank money for financial institutions (referred to as wholesale central bank digital... read more

ECB set to start wholesale CBDC trails on DLT

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

Decentralized Finance market to reach $497.9 billion by 2032

11 Sep 23 @ 16:57

The global decentralized finance market was valued at $13.8 billion in 2022, and is projected to reach $497.9 billion by 2032, growing at a CAGR of 43.4% from 2023 to... read more

The £169 billion opportunity: Empower shoppers with unified commerce

12 Jun 23 @ 10:08

Adyen has published economic research that finds that retailers could potentially add £169 billion in revenue to the sector in the UK if they switched to a unified commerce approach... read more

Project Leap: Protecting banking infrastructure in the quantum age

05 Jun 23 @ 13:54

A secure communication channel designed to protect financial data against future threats from quantum computers has been successfully established by the BIS Innovation Hub Eurosystem Centre and its Eurosystem partners,... read more

Hong Kong Monetary Authority announces trial of e-HKD CBDC

18 May 23 @ 15:47

The Hong Kong Monetary Authority (HKMA) has announced a trial of its CBDC, the e-HKD, allowing the public to be able to shop, dine out and make money transfers with... read more

JAPAN METAVERSE ECONOMIC ZONE

05 Apr 23 @ 09:46

10 major Japanese tech and finance powerhouses have joined together to launch the Japan Metaverse Economic Zone. The companies have signed a basic agreement for the building of an Open... read more

Project Icebreaker concludes experiment for cross-border CBDCs

07 Mar 23 @ 17:28

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more