Digital Currency, Interbank Settlement and ISO 20022

Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week

PYMNTS

JANUARY 20, 2021

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Citi To Accelerate ISO 20022 Adoption Via Volante Partnership.

ISO 20022

ISO 20022 CBDC ISOs Interbank Settlement

Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific.

Instant Payments

Instant Payments Fed FedNow Interbank Settlement

Payments Space

Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week

Fed Says America Needs Instant Payments As Soon As Possible

Webinars

Stay Connected