Financial Stability News

Ally partners with Mastercard Vyze for retail financing

Ally, MasterCard, Vyze, retail financing, Ally Lending, Ally Bank, Ally Financial, alternative financing, retailers, platform, POS retail financing, lending, instalments, loan, retail merchants, financial stability, lender

Central Bank Digital Currencies: evolution, not revolution

In our second instalment of CBDC series, Barry Topf, Chief Economist at Saga Monetary Technologies, discusses the potential CBDCs hold but also the great hidden risks, especially in terms of privacy

Saga Monetary Technologies, Barry Topf, CBDC, central bank digital currency, crypto, digitalisation, tokens, trust, security, Central banks, central bank money, interest rate, financial stability, Saga token, SGA

Central Bank Digital Currencies for dummies – a quick guide into CBDCs from the Dutch Central Bank

Harro Boven, Policy Advisor at the Dutch Central Bank: ‘The introduction of CBDC would involve a structural reform of the monetary system’

central bank digital currency, CBDCs, COVID-19, digitalisation, cenytral banks, crypto, cash decline, bank account, financial stability, Harro Boven, DNB

Coronavirus outbreak feeds uncertainty about the economic outlook

The abrupt rise in uncertainty that surrounds the global spread of the coronavirus can put both economic growth and financial stability at risk, according to IMF.

economic growth, financial stability, coronavirus, banks, loans, investment, economic policies, fiscal measures, monetary policies, IMF

Bank of Lithuania publishes analysis on central bank digital currency

The Bank of Lithuania has issued an analysis on central bank digital currency (CBDC) design choices as well as monetary policy and financial stability implications.

Bank of Lithuania, central bank digital currency, blockchain, monetary policy, financial stability, Lithuania, LBCOIN

Goldman Sachs, J.P. Morgan, Citi and more call for regulatory action on clearing houses

BlackRock, Goldman Sachs, J.P. Morgan Chase, Allianz, Citi have published a joint paper recommending safety enhancements on clearing houses.

BlackRock, Goldman Sachs, J.P. Morgan Chase, Allianz, Citi, Société Générale, State Street, T. Rowe Price, Vanguard, bank, asset management, joint research, safety enhancements, clearing houses, CCP, central counterparties, financial stability, US, United States

Branch reveals Zero-Fee Banking, in partnership with Mastercard and Evolve

Mobile-first tech that helps employees grow financially, Branch, has announced the launch of new financial wellness tools developed specifically for hourly workers.

branch, launch, debit card, Zero-Fee Banking, MasterCard, Evolve Bank & Trust, digital checking, accounts, financial stability