In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s now open to the possibility of a digital rupee.
The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice have brought the deal to an end.
Known as Raast, the system is especially aimed at availing digital payments to women who have been financially marginalized for decades.
Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make digital yuan payments.
Patrick Thompson takes a look at some of the revolutionary developments in banking and finance that took place in 2020 involving blockchain technology and digital currency.
Banque du France is seeking to determine how a central bank digital currency can improve the fluidity and efficiency of payment and settlement systems.
In a PDAX webinar, Bitcoin Association’s Ella Qiang explains BSV's main advantages for both data processing and small-scale digital payments, while clarifying the main differences between BSV and other protocols.
While they are being touted as the future, it’s time to rethink and reevaluate the role that CBDCs will play in the future of finance.
The company is hiring a new payments head, with digital currencies, CBDCs and decentralized ledger technology among the areas of focus.
While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet proven its ability to handle the European country’s payments system.
Toyota Systems has partnered with digital currency exchange DeCurret on the pilot, which will see the participation of the company’s 2,500 staff members.