Updated! The global payments ecosystem is at a critical juncture, with interoperability, interlinking, accessibility, and collaboration top of mind for 2023. We’re pleased to present the second annual Central Bank Payments News supplement, a collection…
On 7 February, the Bank of England and HM Treasury announced the intention to consult on the introduction of a digital pound. My name is Graeme Donald, I'm retired now and spend my time with my family, on the golf course and travelling. Prior to that…
The Open Finance Association (OFA) believes that a well-functioning, high performing open banking ecosystem, built on instant payments, in accordance with the Instant Payments proposal currently going through the EU regulatory process, can help deliver…
Technology is revolutionising the provision of financial services. Central banks and other public authorities are identifying the opportunities this opens up, and one response has been to set up innovation functions. The Bank for International Settlements…
Currently, many CBDC technology projects seem to duplicate past work or conduct work without clear goals, even as key technology questions remain unanswered. How can central banks investigate CBDC and communicate their work more effectively to avoid risks…
By leveraging emerging technologies, and availing infrastructure to seamlessly integrate with those technologies both at a bi-currency level (country-to-country) and at a multi-CBDC level or consortium of multiple countries, a foundation for a truly global…
The global payments ecosystem is at a critical juncture, with interoperability, interlinking, accessibility, and collaboration top of mind for 2023. We’re pleased to present the second annual Central Bank Payments News supplement, a collection of updates…
The Central Bank Payments News team recently sat down with Ian Woolford, Director of Money and Cash at the Reserve Bank of New Zealand — Te Pūtea Matua, for an in-depth discussion on the reserve bank’s Future of Money work program.
In this article, John Kiff provides a view of how offline digital currencies work based on publicly-available information provided in academic papers and vendor white papers.
The past decade has been a game-changer for Jordan's financial ecosystem, especially in terms of digital financial services and financial technology. In the first half of the decade, the country saw major developments in digital infrastructure, legislative…
