Fintech News

MAY 8, 2024

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC 116

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 116

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech 97

FinTech Cross-Border CBDC Web 3.0 97

PYMNTS

SEPTEMBER 8, 2020

Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To Brazil’s instant-payments system, dubbed “Pix,” is slated to a widespread rollout in November. Digital wallets that use QR codes will be interoperable with the system.

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87