Articles with tag like: BOE

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BoE considering the launch of a digital currency

News | Cryptocurrencies | 14 Jul 2020

Bank of England (BoE), UK’s central bank, has announced the possibility of launching a digital currency.

BOE, digital currency, Bank of England, UK, banks, central bank digital currency, CBDC, payments, coronavirus, COVID-19

UK-based alternative lenders' access to BoE's fund scheme blocked by incumbents

News | Payments General | 14 Jul 2020

HM Treasury has told non-bank lenders dishing out government-backed loans that they won’t have access to finance from the Bank of England, according to altfi.com. 

UK, alternative lenders, BOE, Bank of England, incumbents, HM Treasury, non-bank lenders, government-backed loans, British Business Bank, fintech loans, fintech

Coronavirus speeds research around central bank digital currencies

News | Cryptocurrencies | 16 Jun 2020

The coronavirus pandemic has been accelerating the development of central bank digital currencies (CBDCs), central bank officials said.

BOE, CBDC, central banks digital currency, Libra, stablecoin, Facebook, contactless payments, digital payments, coronavirus

Digital currency issuance could involve private companies, Bank of England says

News | Cryptocurrencies | 08 Apr 2020

Bank of England (BoE) analysts working on the UK’s central bank digital currency (CBDC) initiative have said during a webinar that there was a distinct possibility that private companies could play a larger part in the issuance and distribution of money.

Bank of England, BOE, central bank digital currency, CBDC, UK, cryptocurrency, Facebook, Libra, stabelcoin, data privacy

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

News | Cryptocurrencies | 23 Jan 2020

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

Bank of England to revamp payment system to serve blockchain users

News | Payments General | 24 Jul 2018

The Bank of England has agreed that it needs a revamped payments system capable of hooking up with fintechs using distributed ledger technology (DLT), according to Reuters.

Bank of England, BOE, blockchain, payments, settlement, RTGS, fintech, UK

UK banks to present backup plans for tech shutdowns

News | Digital Identity, Security & Online Fraud | 05 Jul 2018

British banks have three months to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber-attacks, according to Reuters.

UK, banks, outages, cyber security, cyber attacks, recovery plan, online security, mobile banking, insurers, financial institutions, FCA, BOE