22 Jun 26 @ 19:59
The Bank of England has significantly revised its proposed framework for sterling-backed stablecoins, abandoning controversial holding limits in favour of a broader issuance cap as it seeks to balance financial... read more
07 Jun 26 @ 17:47
The debate over the future of stablecoins in the UK has intensified after a House of Lords committee called on the Bank of England to adopt a more flexible approach... read more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant trade-offs in governance, resilience and... read more
02 Oct 25 @ 09:04
Well lets break out the Champagne! After years of dithering, The Bank of England is preparing to unveil a new regulatory framework for stablecoins, with governor Andrew Bailey signalling a... read more
22 Jul 25 @ 12:56
The European Central Bank (ECB) has announced a marked acceleration in the development of a digital euro, underlining a growing sense of urgency across the continent’s political leadership. Against the... read more
16 Jul 25 @ 12:19
The Bank of England has been handed the reins of a long-overdue reform of the UK’s retail payments infrastructure, as Governor Andrew Bailey issued a stark call for urgent modernisation... read more
11 Jul 25 @ 13:39
The Bank of England has fined Vocalink £11.9m ($16.2m) for serious failings in its risk management and governance arrangements, marking the first such enforcement action against a financial market infrastructure... read more
14 Jan 25 @ 15:14
The Bank of England (BoE) recently shared an update on its exploration of a digital pound, confirming that no decision has been made regarding its potential launch. While significant progress... read more
22 Nov 24 @ 13:03
The Bank of England’s 2024 report on “Artificial Intelligence in UK Financial Services” offers a comprehensive examination of AI’s integration into the financial sector, highlighting its transformative potential alongside associated... read more
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
16 Jun 23 @ 10:43
Project Rosalind is an experiment exploring application programming interfaces (APIs) for retail central bank digital currency (CBDC). The project is based on a two-tier model representing a public private partnership.... read more
21 Nov 22 @ 18:18
Cryptoassets could have important roles within the Metaverse – a decentralised, immersive next generation of the internet. Cryptoassets enable verifiable ownership of digital items, and when built to common standards,... read more
07 Jun 21 @ 16:27
The Bank of England has published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on... read more
20 Apr 21 @ 09:22
The Bank of England and HM Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.A CBDC... read more
21 Jun 19 @ 09:47
The Bank of England has gone on record saying it will allow FinTech companies to store funds overnight in interest-bearing accounts at the central bank, allowing them to bank at... read more
28 Jan 16 @ 11:06
The Bank of England is set to develop a blueprint for the modernisation of the UK payments system. The document will highlight the changes from a 20-year old real-time gross settlement system to... read more
06 Mar 15 @ 12:24
Digital currencies represent both innovations in payment systems and a new form of currency. This article examines the economics of digital currencies and presents an initial assessment of the risks... read more
27 Feb 15 @ 10:16
The Bank of England says that it is considering issuing its own digital currency in the future in the same way that it issues bank notes. A research paper from... read more
08 Sep 14 @ 17:35
The Bank of England has named De La Rue as the preferred bidder for the 10-year printing contract of its new plastic bank notes. De La Rue has been printing notes... read more
11 Jun 14 @ 09:30
The UK finance industry has launched a cyber security framework for sharing detailed threat intelligence, testing cyber security and benchmarking financial service providers. The CBEST framework was developed by the Council of Registered... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more
13 Aug 26 @ 15:19
Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more