Central Bank Digital Currency Real Time Gross Settlement (RTGS) 
PYMNTS
NOVEMBER 15, 2020
Bank of England Deputy Governor Jon Cunliffe said it isn't his job to shield banks from the coming shift to digital currencies, Reuters reported. The shift could drastically change how customers feel about having physical money stored in banks, according to the report.
PYMNTS
JULY 30, 2020
The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports.
Fintech News
MAY 8, 2024
As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.
PYMNTS
OCTOBER 25, 2019
24) said the companies are collaborating on a payment platform designed to accelerate payments and settlement between banks and their customers, with a focus on allowing for interoperability between existing real-time gross settlement ( RTGS ) systems and blockchain-based systems. ” .
CB Insights
NOVEMBER 5, 2020
Payments: This category includes companies working on tech like payment currencies, stablecoins (cryptocurrency pegged to the value of a non-volatile asset like the dollar), and real-time gross settlement (RTGS) systems that can enable transactions within a DLT-based capital markets framework.
PYMNTS
JUNE 27, 2018
The Bank of England caught the financial services world’s attention when its Governor, Mark Carney, spoke about the central bank’s latest initiative to revamp and rebuild its real-time gross settlement (RTGS) system.
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