The third annual Central Bank Payments News supplement features insightful perspectives from six leading players in the global payments ecosystem who are working closely with central banks to spark genuine transformation in payments.
A high-profile delegation of central bankers and innovators in the payments industry will be heading to Kuala Lumpur, Malaysia, this June for the Currency Research Global Payments Week 2024. To find out more about the themes guiding the events — the Central…
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 Digital Pound Foundation (DPF) is a non-profit organisation that advocates for a well-designed digital pound, enabling both public and private sectors to fully engage in the design, development, and adoption of a digital Pound, thus contributing to…
While the first two words of CBDC relate to central banks, they are not the sole stakeholders of the technology. But where do commercial banks and other financial institutions fit into this disruptive transformation, what will their role look like, and…
Cryptobanknotes are the first generation of hybrid banknotes produced using banknote printing technologies and blockchain technology. They will have their own e-wallet and interact with it using software, thanks to machine-readable codes printed on the…
Pinaka Consulting served the Eastern Caribbean Central Bank (ECCB) on its CBDC project, providing programme management and technical oversight in the design, development, implementation, and operationalisation of the DCash product. With the DCash pilot…
Offline use may be a critical differentiating factor in the value proposition of a CBDC for end users, compared with its commercial bank card and electronic counterparts. Because consumers understandably do not appreciate the difference between commercial…
APIs can significantly accelerate the pace of product and infrastructure development, as well as the integration of various payment systems. The FIS CBDC & Digital Currencies Connected Ecosystem™ can also accelerate delivery of the prototypes, allowing…
When considering CBDC versus mobile money, the similarities between the two technologies outweigh their differences. Yet, CBDC is said to be different from any other type of payment instrument including mobile money, card payments, or electronic funds…
