Articles with tag like: Central banks

Found 35 results in 885 milliseconds.

Mastercard, Island Pay launch Central Bank Digital Currency - linked card

News | Cards | 17 Feb 2021

Mastercard, Central Bank of The Bahamas, and Island Pay have teamed up to give users an additional option to use The Bahamas Sand Dollar central bank digital currency.

MasterCard, CBDC, merchants, prepaid card, payments, Central banks, Bahamas, Island Pay, Bahamas Sand Dollar

CBDCs could be distributed through PayPal's digital wallets

News | Cryptocurrencies | 15 Feb 2021

Central bank digital currencies (CBDCs) could be distributed through PayPal’s digital wallets, Dan Schulman, the company’s CEO said, according to CoinDesk.

central bank digital currencies, CBDCs, PayPal, smart contracts, tokenization, digital money, US, digital wallets, Central banks

ECB board member outlines potential risk for banks if Europe launches a digital euro

News | Cryptocurrencies | 12 Feb 2021

Fabio Panetta, board member of the European Central Bank (ECB), has outlined three potential types of risks to banks from a central bank digital currency (CBDC).

CBDCs, digital euro, banks, Central banks, ECB, bank account, digital currency, Europe

HK, Singapore to help BIS advance CBDC development

News | Cryptocurrencies | 25 Jan 2021

The Bank for International Settlements (BIS) has announced that CBDC research will be a top priority in the coming year for its Innovation Hub.

CBDC, BIC, Central banks, stablecoins, tokenisation, DLT, settlement, payments, retail CBDC

Is CDBC the key to unlocking financial inclusion?

Voice of the Industry | Cryptocurrencies | 12 Jan 2021

Gonzalo Santamaria and Jens Seidl from Currency Research discuss the potential CBDCs hold to create new opportunities to individuals that had previously declined financial access

Currency Research, Jens Seidl, Gonzalo Santamaria, commercial banks, Central banks, CBDC, financial inclusion, payments, cashless, stablecoins, Bitcoin, cryptocurrency

Japan prepares to issue CBDC by 2023

News | Cryptocurrencies | 24 Dec 2020

Japan has been preparing for the issuance of digital currency in both the public and private sectors following swift moves by China and other countries to do the same, according to Japan Times.

CBDC, Japan, MUFG Bank, Sumitomo Mitsui Banking Corp, Mizuho Bank, digital currency, virtual currency, banks, Central banks

EMTECH launches test platform for CBDC

News | Cryptocurrencies | 15 Dec 2020

EMTECH has announced its pilot-ready regulatory compliance platform, the Modern Central Bank Sandbox.

CBDC, EMTECH, Central banks, Modern Central Bank Sandbox, exclusion, KYC, SME lending, cross-border payments, AML, fraud

Central Bank Digital Currencies for Dummies – A Quick Guide into CBDCs

News | Cryptocurrencies | 09 Dec 2020

The Paypers releases the Central Bank Digital Currencies for Dummies, an ebook which is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, the implications, and risks they pose.

central bank digital currencies, CBDC, digital dollar, digital euro, Chinese yuan, Facebook Libra, stablecoins, Central banks, commercial banks, fintech, technology providers, monetary policies, Financial systems, COVID-19, payments digitalisation, mobile wallets, smartphones, financial inclusion, customer data, digital identity, data privacy, security

Central Bank Digital Currencies for Beginners – A Quick Guide into CBDCs

Report | Cryptocurrencies | 09 Dec 2020

Central Bank Digital Currencies for Beginners is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, and the implications and risks they pose

central bank digital currencies, CBDC, digital dollar, digital euro, Chinese yuan, Facebook Libra, stablecoins, Central banks, commercial banks, fintech, technology providers, monetary policies, Financial systems, COVID-19, payments digitalisation, mobile wallets, smartphones, financial inclusion, customer data, digital identity, data privacy, security

How CBDCs can operate seamlessly with existing networks – and why they should

Voice of the Industry | Online Payments | 25 Nov 2020

Mastercard’s Raj Dhamodharan agrees that CBDCs could work alongside existing schemes such as RTP to enable central banks to focus on CBDC minting and issuance while banks and PSPs focus on payment processing and distribution through existing channels

Raj Dhamodharan, MasterCard, CBDC, blockchain, payments, banking, PSP, innovation, distributed ledger, digital asset technologies, Central banks, real time payments, settlement, RTP

The blueprint for financial inclusion – Mojaloop's vision for solving the unbanked problem

Interviews | Payments General | 20 Nov 2020

The Paypers interviewed Paula Hunter from the Mojaloop Foundation to learn how financial inclusion can happen in vital regions across the world when an open source approach is embraced

Mojaloop, Mojaloop Foundation, Paula Hunter, financial inclusion, charitable nonprofit, digital finance, Open Finance, interoperability, real-time payments, transactions , mobile money, Central banks, unbanked, SME, credit score, lending, central bank digital currency, CBDC, blockchain, KYC

ECB to conduct independent review of payments system outage

News | Payments General | 18 Nov 2020

The European Central Bank (ECB) will launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020.

European Central Bank, ECB, real-time gross settlement system, TARGET2, payments, Eurosystem, banks, Central banks

Lebanon to launch digital currency in 2021, central bank governor says

News | Cryptocurrencies | 13 Nov 2020

Banque Du LibanLebanon's central bank governor has announced plans to launch a digital currency in 2021.

CBDC, Lebanon, Central banks, cryptocurrency, lira, dollar, payments, remittances, Banque Du Liban

Cypherium challenges CBDC incompatibility via its mainnet

News | Cryptocurrencies | 10 Nov 2020

Cypherium, an enterprise-focused blockchain platform facilitating interoperability between blockchains and Central Bank Digital Currencies (CBDCs), has shipped its mainnet.

CBDC, payments interoperability, Central banks, payments, blockchain, smart contracts, CypherBFT, Cypherium

Central Bank Digital Currency (CBDC) – building together the future of money (and humanity)

Voice of the Industry | Cryptocurrencies | 02 Nov 2020

We can do better than build back the pre-pandemic world – we can build forward to a world that is more resilient, sustainable, and inclusive. We must seize this new Bretton Woods momentKristalina Georgieva, IMF Managing Director, Washington, DC on 15th October 2020

central bank digital currency, CBDC, COVID-19, payments digitalisation, Libra, cross-border payment, cryptocurrencies, tokens, stablecoins, reserve currency, SWIFT, fiscal stimulus, Fed, interest rates, Central banks, commercial banks, BIS, IMF

PayPal to allow crypto transactions on its network

News | Cryptocurrencies | 22 Oct 2020

PayPal has joined the cryptocurrency market, allowing customers to buy, sell, and hold Bitcoin and other virtual coins using the US digital payments company’s online wallets.

online wallets, PayPal, cryptocurrency, Bitcoin, virtual coins, Ethereum, Bitcoin Cash, Litecoin, Central banks

Central banks set out to regulate stablecoins like Facebook's Libra

News | Cryptocurrencies | 13 Oct 2020

Central banks have set out to regulate cross-border stablecoins with a common approach, adding that more rules may later be needed to ensure stability.

stablecoins, cryptocurrency, Libra, Facebook, banks, Central banks, CBDC, bank capital, anti-money laundering, regulation

Central banks discuss digital currency amid Facebook's Libra and China's digital yuan

News | Cryptocurrencies | 12 Oct 2020

A group of seven major central banks including the US Federal Reserve have discussed how a digital currency could look like to help catch up with Facebook’s Libra and China’s digital yuan.

Central banks, CBDC, Bank of England, digital renminbi, Facebook Libra, US Federal Reserve

ECB should plan digital euro issuance, board member says

News | Online & Mobile Banking | 02 Oct 2020

A board member of the European Central Bank has declared that the bank should prepare to issue a digital euro to complement banknotes, according to Reuters.

ECB, European Central Bank, Europe, digital euro, banknotes, banks, Central banks, digital currencies, electronic payments, private tokens, Bitcoin, Facebook, Libra, electronic money, Commercial Bank, Bluetooth, pre-paid cards, banking system

Mastercard initiates Central Bank Digital Currencies (CBDCs) testing platform

News | Cryptocurrencies | 10 Sep 2020

Mastercard has launched a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.

CBDC, digital currency, MasterCard, payments, Central banks, commercial banks, technology providers, payments processors, testing platform