The Payments Association

SEPTEMBER 16, 2024

Central bank digital currencies (CBDCs) could transform cross-border payments by reducing costs, improving efficiency, and enhancing transparency. Read more

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Central Bank 88

NFCW

APRIL 11, 2024

The Bank of China is conducting a pilot in the city of Shenzhen of a new service that makes it possible for merchants to accept contactless digital currency payments on standard NFC mobile phones. “Getting and opening an e-yuan hardware wallet is easy and can be made anonymously. .

Digital Currency 97

Digital Currency Central Bank CBDC Contactless Payments 97

NFCW

DECEMBER 14, 2023

The offline P2P trial forms phase two of JCB’s ongoing CBDC pilot — known as JCBDC — and will test a system for making peer-to-peer digital currency transfers either from one physical card to another via an intermediary NFC mobile device or directly between NFC smartphones.

Digital Currency 89

Digital Currency Central Bank CBDC Technology 89

Payments Dive

NOVEMBER 15, 2024

“Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.

Digital Currency 97

Digital Currency Payments 97

Payments Dive

AUGUST 29, 2022

The nation’s biggest bank and bank trade groups stressed the risks of creating a central bank digital currency in comments to the Fed, and largely rejected the idea that a digital dollar would accomplish stated goals.

CBDC 213

CBDC Fed Digital Currency Central Bank 213

Payments Dive

NOVEMBER 7, 2024

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

Digital Currency 187

Digital Currency Government Governance Payments 187

Payments Dive

SEPTEMBER 25, 2023

The House Financial Services Committee advanced a bill last week that would block the creation of a central bank digital currency.

CBDC 193

CBDC Digital Currency Central Bank Blocks 193

The Payments Association

JANUARY 22, 2024

In the realm of finance, this sentiment rings especially true as we stand on the cusp of a digital revolution with the advent […] Read more The future depends on what you do today.

Digital Currency 88

Digital Currency Central Bank CBDC Finance 88

Payments Dive

SEPTEMBER 18, 2023

The proposed digital dollar would create an electronic version of the U.S. currency, but it wouldn’t be the same as a central bank digital currency.

Digital Currency 186

Digital Currency Central Bank 186

Payments Source

APRIL 13, 2020

Central banks are releasing trillions of dollars to bolster economies through the coronavirus pandemic, giving rise to a pair of trends that could push merchants and consumers to embrace digital currencies as a mainstream payment alternative.

Digital Currency 185

Digital Currency Central Bank Payments Economy 185

Payments Source

SEPTEMBER 23, 2020

The conversation around advancing the distribution and use of digital currency gets a boost every time the banking system stubs its toe. And there have been many recent examples of financial system problems to point to.

Digital Currency 185

Digital Currency Blockchain Payments Cross-Border Payments 185

Paystand

DECEMBER 4, 2024

Table of Contents Digital currencies for speed and transparency Securing transactions with biometric authentication Empowering employees with tools for the future Enabling clients with seamless financial experiences Overcoming challenges to unlock the future A future built on security and efficiency

Digital Currency 52

Digital Currency Authentication Finance Security 52

Fintech News

NOVEMBER 21, 2024

India’s initiatives are also closely tied to its exploration of central bank digital currencies (CBDCs). The central bank views digital currencies as a cost-effective tool for trade settlements, remittances, and other financial transactions, though comprehensive testing is necessary before widespread implementation.

Cross-Border Payments 141

Cross-Border Payments Cross-Border Digital Currency Central Bank 141

Payments Dive

APRIL 1, 2022

Ted Cruz's legislation, which follows a companion House bill introduced earlier this year, would prevent the Federal Reserve from issuing a central bank digital currency directly to consumers.

Federal Reserve 179

Federal Reserve CBDC Fed Digital Currency 179

The Payments Association

JUNE 14, 2024

Exploring the shift to digital payments, the role of CBDCs, and the strategic implications for central banks. Read more

Central Bank 88

Central Bank Digital Currency Digital Payments Payments 88

Payments Dive

JULY 11, 2024

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

Digital Currency 158

Digital Currency Bitcoin Cryptocurrency 158

Finextra

OCTOBER 28, 2024

The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.

Innovation 145

Innovation CBDC Central Bank Digital Currency 145

Payments Source

MARCH 11, 2021

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

Federal Reserve 150

Federal Reserve Fed Digital Currency Regulations 150

Payments Source

JANUARY 5, 2021

And there's still no sign of a central bank digital currency, leaving the U.S. Several government agencies have made deeper moves into crypto oversight, leaving a trail of angry executives and unresolved political questions. at risk of falling behind other countries in the race to support faster payment processing.

Fincen 154

Fincen OCC Digital Currency Central Bank 154

The Payments Association

JANUARY 31, 2024

The Payments Association is proud to have worked alongside UK Finance, Digital Pound Foundation, TheCityUK, Innovate Finance and City of London Corporation, and supported by CryptoUK, CMS, Clifford Chance, Greengage, […] Read more

Digital Currency 88

Digital Currency Payments Finance Innovation 88

Fintech News

MARCH 18, 2024

This initiative aims to offer users more convenience by enabling the conversion of digital currencies into spendable funds within their GrabPay Wallets. This top-up method went live on 12 March 2024. experiences among its users in Singapore. experiences among its users in Singapore.

Stablecoins 114

Stablecoins Digital Currency Non-Bank Blockchain 114

Finextra

FEBRUARY 7, 2024

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

Metaverse 130

Metaverse On-Demand Digital Currency Central Bank 130

The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC.

CBDC 126

CBDC Cross-Border Payments Transactions Cross-Border 126

Finextra

MARCH 25, 2024

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

SWIFT 132

SWIFT CBDC Digital Currency Central Bank 132

Finextra

DECEMBER 13, 2023

Japanese card issuer JCB is moving to Phase 2 of a pilot to trial offline P2P payments for a central bank digital currency (CBDC).

CBDC 137

CBDC Card Issuer Digital Currency Central Bank 137

Finextra

OCTOBER 22, 2024

and the speakers outlined how central bank digital currencies (CBDCs) are in various processes of development in their countries. On the second day of Sibos, Benedicte Nolens, centre head of the BIS Innovation Hub moderated the session ‘Reality check: How far have CBDCs come?’,

CBDC 130

CBDC Digital Currency Central Bank Checks 130

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends 121

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 121

Finextra

MARCH 7, 2024

The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.

CBDC 124

CBDC Digital Currency Central Bank Authorization 124

Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

Cross-Border Payments 125

Cross-Border Payments Cross-Border SWIFT Fed 125

Fintech News

MARCH 18, 2024

Southeast Asian ride-hailing super app Grab has teamed up with licensed crypto payments provider Triple-A to introduce a feature that allows its users to top up their GrabPay Wallets using Digital Payment Tokens. The supported stablecoins at this stage include StraitsX Singapore Dollar (XSGD), Tether (USDT), and USD Coin (USDC).

Stablecoins 129

Stablecoins Digital Currency Blockchain On-Demand 129

Fintech Finance

NOVEMBER 7, 2024

Retailers will also benefit from same-day settlement in local currencies like EUR, GBP, USD, and CHF, ensuring a smooth, risk-free integration. Lunu Pay’s cutting-edge technology makes crypto payments accessible to retailers by automatically converting digital currencies into euros or other local currencies at the point of payment.

Alternative Payment Methods 98

Alternative Payment Methods Digital Currency Cryptocurrency Payments 98

Fintech News

SEPTEMBER 16, 2024

DCS Card Centre has partnered with licensed digital currency payment provider Triple-A to allow customers to top up their virtual accounts using digital assets. Triple-A handles the conversion process, ensuring that DCS itself does not interact with the digital assets.

Digital Currency 113

Digital Currency Commercial Card On-Demand Cryptocurrency 113

Payments Dive

NOVEMBER 9, 2022

Central bank digital currencies would allow for faster cross-border payments that would “help boost trade within the region and with the rest of the world,” an Equinix executive writes.

CBDC 125

CBDC Cross-Border Payments Cross-Border Digital Currency 125

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 choice of technology solutions for CBDC implementation should also be re-evaluated in the future, considering adaptability, cyber risks, and threats.

CBDC 125

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 125

The Payments Association

MARCH 26, 2024

Conversations around a digital pound are growing louder as the weeks roll by. In a similar fashion to the way coins largely made way for banknotes, digital currency is the next natural progression in the evolution of money, whether consumers like the idea of it or not. Read more

Digital Currency 100

Digital Currency Use Case Consumer Payments 100

Finextra

SEPTEMBER 26, 2024

R3, the financial markets digital solutions firm and Ownera, a leading provider of tokenization interoperability routers based on the open FinP2P protocol, have partnered to enable interoperability across the largest number of live production-grade use cases and networks for digital assets and digital currencies.

Interoperability 111

Interoperability Digital Currency Use Case Product 111

The Fintech Times

MAY 30, 2024

Increasing ease of use Jose Fernandez da Ponte, senior vice president of the blockchain, cryptocurrency, and digital currency group, PayPal “For more than 25 years, PayPal has been at the forefront of digital commerce, revolutionising commerce by providing a trusted experience between consumers and merchants around the world.

Stablecoins 119

Stablecoins PayPal Blockchain Venmo 119