09 Jun 21 @ 03:44

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. This... read more

06 Aug 19 @ 11:30

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

13 Oct 25 @ 13:42

Financial fraud has always been a moving target. From cheque fraud to phishing, criminals consistently adapt their methods to exploit weaknesses in the financial system. Yet in 2025, the contest... read more

21 Feb 24 @ 10:45

The havoc to crypto payrolls caused by Binance’s decision to stop supporting the BUSD token shows how quickly a decision by one actor can upset an entire ecosystem. As Central... read more

16 Feb 23 @ 16:40

Despite all the hype around a cashless society – and paranoia from conspiracy theorists about government control through Central Bank Digital Currencies – there’s growing evidence we may have hit... read more

17 Feb 22 @ 14:25

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster security for banks in the cloud. Data storage is a systemic vulnerability just like... read more

09 Jun 21 @ 03:58

Dire predictions that the UK would collapse after its exit from the EU were as far-fetched as unfounded optimism that it would become Europe’s Singapore on leaving. To date, we’ve... read more

23 Dec 20 @ 12:42

At time of writing in November 2020, Bitcoin has surged above $15,000, moving closer to the peak value of almost $20,000 last seen in December 2017 thanks to a rise... read more

06 Aug 19 @ 11:34

Facebook’s launch of a stablecoin named Libra, made with an array of blue-chip partners, has met with a tepid response from industry commentators. However, the announcement confirms blockchain’s real and... read more

03 Oct 18 @ 13:40

During a lecture given in Germany in February 2018, Agustin Carstens, general manager of the Bank of International Settlements (BIS), described Bitcoin as “a combination of a bubble, a Ponzi... read more

09 Aug 18 @ 14:43

ICOs: a new way to raise capital and a profound financial innovation or part of the hype around cryptocurrencies? Initial coin offerings (ICOs) are the crypto-community’s answer to an IPO. Also known... read more

01 Jun 18 @ 10:20

Regulators are increasingly using technology to improve regulatory oversight and modernise regulation. They are also using their influence to collaborate, convene and commission, so what is on the horizon for... read more

24 Nov 17 @ 14:30

In mid-September, the Bank of England issued a new polymer £10 note featuring the author Jane Austen. The notes include raised dots in the upper corner to help blind and... read more

12 Oct 17 @ 14:46

From Brixton in the UK to Nantes in France and Mombassa in Kenya, local currency schemes are growing. In the face of the financial crisis and changing technology, PCM investigates... read more

11 Oct 17 @ 14:40

The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate... read more

03 Aug 17 @ 06:11

1967: Ronald Reagan was inaugurated as governor of California, Elvis Presley married and the UK entered negotiations for membership of the European Economic Community. It was also the year that... read more

08 Jun 17 @ 12:28

In a recent announcement, the UK’s Payment Systems Regulator and the Bank of England (BoE) agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and... read more

06 Apr 17 @ 15:14

Ten years ago the European Commission and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated market... read more

30 Mar 15 @ 16:03

Such is the fervour around virtual currencies, that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

30 Mar 15 @ 15:41

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments.... read more