Payment innovation is top fintech research priority for central banks

CBDC ranked second as central banks explore wider implications of fintech for payments

Central banks are prioritising research on payment innovation as they strive to keep up with the pace of change in fintech. Asked their top five research priorities for fintech, 96% of the 28 respondents said they viewed payment innovation as a top priority. 

Central bank digital currency – a widely studied and much discussed innovation – came in second place, cited by 75% of respondents.

Other issues mentioned by a majority of respondents include big data analytics (68%) and cyber security

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