Fintech
BoE poll signals convertibility is key to CBDC demand
CBDC does not need to be built on DLT network, BoE says
Covid-19 frazzles AI fraud systems
Seismic changes in customer behaviour see machine learning solutions throw out false positives
Bank of Korea launches CBDC pilot
Bank of Korea starts 22-month CBDC test in preparation for future needs
Covid-19 could accelerate CBDC development – BIS economists
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Podcast: inside Brazil’s new instant payment system
New system seeks to boost financial inclusion with coverage of accounts and mandatory participation
Some thoughts on CBDC operations in China
PBoC's Fan Yifei outlines why he favours indirect CBDC in China
Banque de France seeks partner for wholesale CBDC project
Project will explore CBDC use cases in interbank payment space
Curaçao and Sint Maarten to introduce instant payments system
Central bank partners with equensWorldline to build new dual currency system
BoE sets out design principles for retail CBDC
Paper sheds new light on BoE’s thinking on design process and possible pitfalls
Facebook may bow to regulatory pressure on libra
Basic goals have not changed, says tech giant
Riksbank seeks act amendment to host BIS innovation hub
Swedish central bank requests five-year permission for payments of up to $3.2 million a year
IMF urges caution on CBDCs in Eastern Caribbean
Scope to modernise payments, but central bank must proceed with caution, IMF staff warn
Indian supreme court overturns RBI crypto ban
RBI has powers over crypto asset services but total ban was disproportionate, court rules
BIS paper lays out ‘crucial’ design choices for CBDC
Challenge is to design a currency that balances credibility and convenience, says Hyun Song Shin
Cunliffe spells out key questions to answer before launching CBDC
If central banks are to issue digital currency, they must think hard about the design, BoE deputy says
South Korean central bank tests blockchain for bond markets
Bank of Korea is the latest to test DLT-based system for transactions
BoE announces new centralised data platform
UK central bank teams up with Autorek for two-phase project
Fintech creating data gaps, BIS survey finds
New players do not always fit neatly into current statistical frameworks
New body will share EU intelligence on cyber-threats
ECB, Europol and the EU Agency for Cybersecurity join forum to share cyber security information
Cyber risks cost 2-3% of profits at banks and insurers – RBNZ research
New Zealand central bank finds chance these threats may cause much greater losses
Swedish central bank will test DLT-based digital currency prototype
Sveriges Riksbank and Accenture project to use simulated agents to test ‘e-krona’
Podcast: Bank of Finland’s Aleksi Grym on a 1990s’ digital currency
Avant was launched to establish a new payments network but failed due to competition from ATMs