The Paypers

OCTOBER 30, 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

Retail Payments 36

Retail Payments Digital Currency Central Bank Addressing 36

The Fintech Times

SEPTEMBER 20, 2024

One of the biggest challenges central bank digital currencies (CBDCs) have faced in their development is who will actually use them. After all, if a country’s general public is happy with its current payment methods, why would they change?

Treasury 59

Treasury CBDC Assessments Digital Currency 59

PYMNTS

JANUARY 20, 2020

Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. . … The language is interesting — and noteworthy.

CBDC 40

CBDC Retail Payments Central Bank Digital Currency 40

The Fintech Times

SEPTEMBER 10, 2024

Crypto change China banned cryptocurrencies like Bitcoin in 2021 , shifting its focus to developing its own central bank digital currency (CBDC). The digital renminbi, or e-CNY, has been in development since 2014 and entered its pilot phase in 2019. Further collaborations are also underway.

FinTech 59

FinTech Online and Mobile Banking Digital Currency Central Bank 59

CoinRemitter

JUNE 26, 2024

Blockchain also supports creating and trading digital assets like tokens for stocks, bonds, and commodities. Central Bank Digital Currencies: Central banks are looking into using blockchain for digital currencies instead of physical cash. This reduces fraud and data breaches.

Blockchain 40

Blockchain Central Bank Cryptocurrency Digital Currency 40

Clearly Payments

JANUARY 25, 2024

Some find their current payment methods sufficient (42.5%), while others cite service fees (38.7%), security concerns (35.5%), and integration challenges (29.2%) as barriers to adopting new options. Despite these advancements, challenges persist within the Canadian digital currency market.

Process 94

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 94

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 88

FinTech Cross-Border CBDC Web 3.0 88

Fintech News

FEBRUARY 28, 2024

While still below the all-time high of US$3 trillion in November 2021, this recovery signals a positive momentum and a rekindled interest in digital currencies. The market’s resilience is evident in the rebounding global crypto market capitalisation, which saw a 79% increase from US$795 billion at the start of 2023 to US$1.61

Cryptocurrency 98

Cryptocurrency Stablecoins Digital Currency Regulations 98

PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. European Central Bank Outlines Use Cases for Digital Euro. Plus, Walmart is partnering with Clover Health for its new health centers. Goldman to Pay $2.5B

Use Case 77

Use Case Credit Cards Central Bank Push-to-Card 77

The Fintech Times

DECEMBER 31, 2023

As we enter 2024, the emergence of truly instant payment solutions feels almost inevitable. “According to research from the European Central Bank (ECB), Single Euro Payments Area (SEPA) instant credit transfers currently account for only 14 per cent of all conventional SEPA credit transfers.

Global Payments 124

Global Payments Alternative Payment Methods Online and Mobile Banking Instant Payments 124

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

Online and Mobile Banking 82

Online and Mobile Banking RTP BNPL Debit Card 82

PYMNTS

SEPTEMBER 8, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. After that, I think you have all the ingredients to have a digital currency. We think we will have it in 2022.”.

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

PYMNTS

SEPTEMBER 15, 2020

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency.

Digital Currency 99

Digital Currency Central Bank Risk Assessment Risk 99