Articles with tag: bank of canada

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BIS, central banks publish CBDC report laying out key requirements

12 Oct 2020 | Cryptocurrencies

The Bank for International Settlements (BIS) together with a group of seven central banks have published a central bank digital currency (CBDC) report laying out key requirements for CBDC.

CBDC, BIS, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank, Swiss National Bank

BIS Innovation Hub to expand to new locations in Europe and North America

01 Jul 2020 | Payments General

BIS Innovation Hub has announced plans to extend its reach with new centres over the next two years in collaboration with central banks from Europe and North America.

BIS Innovation Hub, Europe, North America, central banks, BIS Innovation Hub, fintech, Bank of Canada, Bank of England, European Central Bank, Eurosystem, Danmarks Nationalbank, Central Bank of Iceland, Central Bank of Norway, Sveriges Riksbank, Federal Reserve System, Hong Kong Monetary Authority, Monetary Authority of Singapore, Swiss National Bank

Bank of Canada urges retailers to stop banning cash transactions

19 Mar 2020 | Payments General

The Bank of Canada has urged retailers to stop banning cash transactions for fear of spreading the coronavirus, saying the practice could hurt people who relied on physical money.

Bank of Canada, cash, coronavirus, retail

Bank of Canada to consult with stakeholders on digital currencies

27 Feb 2020 | Cryptocurrencies

The Central Bank of Canada has announced plans to consult with stakeholders on the possibility of launching a digital currency due to potential mass adoption of private digital currencies.

Central Bank of Canada, digital currencies, central bank digital currency, innovation, digital money, Canada

Royal Bank of Canada plans to launch digital bank in the US

24 Feb 2020 | Online & Mobile Banking

Royal Bank of Canada has announced plans to launch a direct-to-consumer bank in the US as it seeks to boost its deposit base and wealth-management franchise.

Royal bank of Canada, digital bank, online banking, challenger bank, neobank, US, United States,

Bank of Lithuania on the potential of central bank digital currencies

30 Jan 2020 | Cryptocurrencies

The Paypers has sat with Aistė Juškaitė, principal economist at the Market Infrastructure Department, Bank of Lithuania to discuss about the potential behind CBDC

CBDC, cryptocurrency, digital currency, monetary laws, Bank of Lithuania, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Sveriges Riksbank, Swiss National Bank, central bank digital currencies

Central banks team up to assess CBDC use cases, and more

23 Jan 2020 | Cryptocurrencies

Some of the world’s largest central banks have decided to team up to assess the potential of developing their own digital currencies (central bank digital currencies - CBDC).

Bank of England, Bank of Canada, BOE, Bank of Japan, European Central Bank, Riksbank, Swiss National Bank, CBDC, digital currency, central bank

RBC rolls out updated mobile banking suite for businesses

08 Oct 2019 | Online & Mobile Banking

Royal Bank of Canada has launched its new mobile banking solutions aimed at addressing the needs of SMEs, from financing to insights.

RBC, Royal Bank of Canada, mobile banking, business, SME, financing, global trade, finance,

Royal Bank of Canada acquires AP automation startup WayPay

11 Jul 2019 | E-invoicing, SCF & E-procurement

Royal Bank of Canada has acquired WayPay, a cloud-based payments fintech that offers business clients accounts payable automation.

Royal Bank of Canada, WayPay, acquisition, mergers and acquisition, M&A, banking, Canada, North America, accounts payable automation, business process automation, spend management, AP automation, B2B payments

Central Banks of Canada and Singapore successfully trial DLT for cross border payments

02 May 2019 | Payments General

The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border payments using Distributed Ledger Technology.

Bank of Canada, Monetary Authority of Singapore, MAS, DLT, cross border payments, cross currency payments, Jasper, Ubin, JP Morgan, Corda

Bank of Canada, Bank of England, MAS on digital transformation in cross-border payments

15 Nov 2018 | Payments General

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have published a report which assesses alternative models that could enhance cross-border payments and settlements.

The Bank of Canada, Bank of England, Monetary Authority of Singapore, cross-border payments, report