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ECB Supports Central Bank Digital Currencies

PYMNTS

A wholesale CBDC could be used to boost payments and securities settlement efficiency, as well as to reduce counterparty credit and liquidity risks, he said, according to CoinDesk. “[A While a retail CBDC would be available for the general public, wholesale would serve a limited circle, primarily banks.

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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. In corporate settings, there’s a clear advantage, as reducing liquidity risk accelerates working capital, giving firms more leeway to put money to work and capitalize on growth opportunities.

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New Liquidity Compliance Tool from CustomerXPs

Fintech Labs Insights

The product will help banks in the UAE mitigate intraday liquidity risk and comply with the Basel Committee on Banking Supervision (BCBS) 240 regulation. The new tool from CustomerXPs offers liquidity trend analysis and automated alerts to help banks manage liquidity risk.

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SIA’s Third-Party Approach To RTGS

PYMNTS

By 1990, many countries had real-time gross settlement (RTGS) systems in place to rapidly clear and settle high-value transactions. Central banks must work hard to keep up with the ever-changing payments landscape. Some, like Denmark , debuted their in-house solutions in the early 2000s. Supporting Security.

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Ten Years On, Banking’s Post-Crisis Evolution

PYMNTS

And in a report from the Bank for International Settlements’ (BIS) Committee on the Global Financial System, focused on structural changes in banking, the data shows that this ratio has increased from less than 6 percent amid U.S. For the biggest firms, as noted by The New York Times , that tally has gone from $630 billion a decade ago to $1.1

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PYMNTS - Untitled Article

PYMNTS

And in a report from the Bank for International Settlements’ (BIS) Committee on the Global Financial System, focused on structural changes in banking, the data shows that this ratio has increased from less than 6 percent amid U.S. For the biggest firms, as noted by The New York Times , that tally has gone from $630 billion a decade ago to $1.1