140 articles tagged with this keyword
News/payments
Brazil's central bank has picked 16 proposals - from firms including Nubank, Microsoft, Visa and SETL - for the pilot phase of its Drex CBDC project.
16 August 2023
News/crypto
The Bank of Russia has enlisted 13 banks for pilot testing of a digital ruble involving real-world transactions.
10 August 2023
The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture.
04 August 2023
Western Pacific island state the Republic of Palau has teamed up with Ripple on a government-issued stablecoin pilot.
27 July 2023
The Bank of England has enlisted payments platform Nuggets to work on a privacy and identity layer for any future digital pound.
07 July 2023
The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.
The European Commission has published its legislative proposal establishing the legal framework for a possible digital euro, stressing that the CBDC would be a compliment to, not replacement for, cash.
28 June 2023
In the final session of the evening in breakout room 2 for EBAday day one, ‘What is the outlook for CBDCs in Europe?’, a panel of experts discussed where CBDCs are heading in Europe and what possibilities could arise for banks, merchants, and consumers in the future.
21 June 2023
Colombia's central bank is testing how Ripple's new end-to-end CBDC platform could help boost the country's high-value payment system.
16 June 2023
A final decision is yet to be made about the issuing of a digital euro by the European Central Bank (ECB). The earliest a CBDC could be released would be 2026, but as it becomes more of a reality more concerns are being raised.
26 May 2023
Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.
22 May 2023
Fresh from its acquisition of crypto cutoday provider Metaco, Ripple is rolling out an end-to-end CBDC platform for central banks, governments, and financial institutions to issue their own digital currencies and stablecoins.
19 May 2023
Taking up a challenge from Brazil's central bank, Visa has built a prototype of a programmable finance platform for farmers using a CBDC.
10 May 2023
The risks of rolling out a digital euro currently outweigh the benefits and a CBDC should not be introduced unless "new elements " emerge, says a paper prepared for the European Parliament.
News/inclusion
In 2022 Ghana began piloting a retail central bank digital currency, exploring both an online and an offline version of the so-called eCedi. The Bank of Ghana's Maxwell Opoku-Afari ran through the findings at last week's Payments Canada Summit.
08 May 2023
Core banking vendor Temenos has been preparing for the digital currency future, integrating with two DLT-based CBDC technology stacks.
27 April 2023
A digital euro could be made available via existing banking apps or via a dedicated Eurosystem app, according to the ECB's latest progress report on the project.
26 April 2023
Exploring CBDCs and the future of technology in the Nordics and across Europe, Paige McNamee, senior reporter at Finextra discussed the painpoints central bank digital currencies could help to alleviate and what level of cybersecurity, AML and KYC is required.
25 April 2023
News/people
Merchants should be obliged to accept a future digital euro as legal tender, whilst people and businesses should also be able to obtain the CBDC at their banks, says ECB executive board member Fabio Panetta.
News/markets
In the fireside chat with the Monetary Authority of Singapore (MAS), chief fintech officer, Sopnendu Mohanty, discussed the current financial landscape in Singapore and the fintech developments in the region with moderator Sasha Qadri.
19 April 2023
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.