Function Before Form - Assumptions to Avoid When Designing Retail CBDC Systems

This whitepaper from Crunchfish highlights the problems of making premature design decisions on CBDC form without realizing its limiting consequences on the function and presents alternatives that are more suited for delivering the desired function. Defining…

In Conversation with the Bank of Thailand’s Digital Currency Policy and Development Unit

Central Bank Payments News sat down recently with the Bank of Thailand’s Digital Currency Policy and Development Unit — Kasidit Tansanguan, Nuntapun Bhensook, and Thanaporn Rattanakul — to learn more about the retail digital baht pilot and what’s next…

Transforming Payments for the Real World: Industry Insights in 2024

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.

Crunchfish: Enabling Offline Payments in an Online World — Practical Guides to Offline Payment

Despite all the recent attention on the topic of offline payments, there remains an unclear understanding in the market around the practical design choices and trade-offs for offline real-time payments and CBDCs. Crunchfish, a pioneer for offline payments,…

An Inflection Point for Global Payments: Industry Perspectives in 2023 - June Update

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…

An Inflection Point for Global Payments: Industry Perspectives in 2023

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…

Reserve Bank of New Zealand – Te Pūtea Matua: In Conversation with Ian Woolford, Director of Money and Cash

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.

SODA: Offline Digital Currency Technical Considerations

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 Big Differences Between CBDC and Mobile Money

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…