Fintech
CBDC development pushed into ‘top gear’ by Covid – policy-makers
The pandemic will have a lasting impact on consumer payment behaviour, panellists say
CBDC could endanger maturity transformation – Philadelphia Fed paper
Opening central bank balance sheet to consumers could create “deposit monopolist”, research says
Covid-19 must not cause ‘technological lockout’, says RBA’s Bullock
Merchants could be hit if dual pricing is unavailable for mobile payments, deputy governor says
MAS launches framework to promote responsible AI
MAS to work with banks to fight potential biases introduced by AI tools
Banque de France CBDC project uses blockchain to settle transactions
Central bank and French lender use blockchain platform to pay for €40m securities tokens
MAS will regulate token derivatives
Central bank updates securities legislation to regulate tokens offered by approved exchanges
CBDCs unlikely to be based on blockchain – Central Banking survey
New Central Banking survey finds central banks favour DLT for possible digital currency projects
The impact of AI adoption on supervisors
Triad of AI training, supervisor data scientists and suptech needed
Central banks shift focus to retail CBDCs
Central Banking survey reveals shift away from wholesale experimentation
The Central Bank Digital Currency Survey 2020 – debunking some myths
Most central banks believe there are retail uses for CBDCs, but few plan to launch one in the next five years
Covid-19: a hacker’s opportunity
What can central banks do to plug cyber threat weaknesses?
BIS and G20 launch cloud-based ‘tech sprint’
New initiative will help regulators leverage technology to improve supervision of financial sector
Libra’s Disparte on big tech’s move into digital currency
Facebook-backed consortium still has more than 3 billion customers in its sights
Argentina’s central bank takes part in blockchain clearing pilot
Test system will use smart contracts with timestamping from the bitcoin blockchain
MAS to give $88m in grants to Singapore fintech industry
MAS offers grants to fintech firms in bid to help them survive coronavirus shock
PBoC confirms digital currency pilot
Central bank will test central bank digital currency in a number of provinces
Regulators must enforce stronger payment data protection – CPMI
Payment oversight needs to be updated to accommodate fintech firms and protect consumers
FSB outlines 10-point plan for tackling global stablecoin risks
Some powers already exist but stablecoins may cut across regulatory boundaries, report says
MAS promotes e-payments amid pandemic
Central bank launches campaign for PayNow and universal QR code
New fintech innovation hub goes live in South Africa
Hub will accommodate regulatory advice unit as well as sandbox and accelerator facilities
BoE poll signals convertibility is key to CBDC demand
CBDC does not need to be built on DLT network, BoE says