26 Oct 22 @ 18:53

The Bank for International Settlements (BIS) says the six-week Project mBridge pilot to evaluate whether CBDC would be useful for foreign exchange transfers has successfully processed 160 payments worth around... read more

14 Nov 25 @ 13:09

The global monetary system is undergoing its sharpest reconfiguration in decades. New research from the Venom Foundation argues that physical cash is entering its final phase, with Asia and the... read more

28 Sep 21 @ 12:39

A prototype of multiple Central Bank Digital Currencies (mCBDCs) developed by the Bank for International Settlements Innovation Hub and four central banks has demonstrated the potential of using digital currencies... read more

19 Jan 26 @ 17:27

Project Agorá, the flagship cross-border distributed ledger initiative led by the Bank for International Settlements, has entered its long-anticipated testing phase. After progressing from design to prototype build during 2025,... read more

11 Sep 25 @ 16:32

I know its not directly linked, but trust me this is important – PsiQuantum has raised $1bn in what marks the largest ever funding round for a quantum computing start-up.... read more

12 Aug 25 @ 09:23

The United Arab Emirates (UAE) is accelerating towards the launch of its long-anticipated central bank digital currency (CBDC), the Digital Dirham, with the first retail issuance scheduled for Q4 2025.... read more

28 Nov 24 @ 14:37

The global payments landscape is undergoing a seismic transformation as geopolitical tensions and technological advancements converge. With traditional systems like SWIFT under scrutiny for inefficiencies and geopolitical dependencies, emerging payment... read more

29 Oct 24 @ 15:37

Project Mandala, developed by the BIS Innovation Hub, is a compliance solution targeting the complexities of cross-border payments for both commercial and central banks. In its recent report on the... read more

28 Oct 24 @ 18:01

The forecasted growth of Central Bank Digital Currencies (CBDCs) represents a shift in global payments, with predictions indicating CBDC transactions could surge from 307 million in 2024 to 7.8 billion... read more

27 Sep 24 @ 09:10

Visa has announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial... read more

16 Jan 24 @ 19:11

Momentum around central bank digital currency development is building steadily, according to a Digital Monetary Institute (DMI) survey. Of the central banks that responded to a new survey, 41% expect... read more

06 Nov 23 @ 17:14

Imagine this fictitious scenario: Cyber criminals manage to inject malicious code into global payments software that spreads rapidly to tens of thousands of partner networks at banks and throughout the... read more

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

31 Mar 23 @ 09:40

For those who work in tech, the past couple of months have been unsettling to say the least—according to layoffs.fyi, more than 150,000 workers have been laid off in the... read more

19 Jul 22 @ 13:01

A new study from leading European payment specialists Transact Payments reveals Brits overwhelmingly prefer to carry cash and use cards. Although digital wallets and other “alt” payments are making inroads, trust... read more

08 Apr 22 @ 13:02

The business worlds most loathsome CEO has announced he will give a digital currency another shot after the damaging and embarrassing roll back of the Diem attempt. The man who... read more

27 Jan 22 @ 12:11

The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more

10 Dec 21 @ 09:28

Bitcoin mining has jumped close to its all-time high as cryptocurrency miners shift their operations to new countries following the crackdown in China. The bitcoin hash-rate, a measure of how... read more

20 Oct 21 @ 16:51

Two months after Beijing banned crypto mining this year, new data has revealed that the US has overtaken China as the world’s biggest source of bitcoin mining. China’s share of... read more

17 Mar 20 @ 12:54

In a ray of good news, The annual Tech Nation report charts and champions the digital economy. As emerging and maturing technologies continue to disrupt and transform incumbent industries, and... read more