New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...
TerraPay says financial institutions can now send money to mobile wallets via the Swift system. The announcement Tuesday (July 23) by the money movement company applies to 2.1...
In 2020, the G20 leaders endorsed a roadmap to improve cross-border payments experiences and infrastructure. The goal was to make cross-border payments cheaper, faster, more transparent, and...
The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows...
Will the G20’s campaign for faster payments have unintended negative consequences? A new report by the U.K.’s Future of Financial Intelligence Sharing (FFIS) said plans to make...
Faster payments have the potential to vastly improve cross-border payments, particularly across retail payments and remittances. The Bank for International Settlements (BIS) said in a...
The heads of the G20 nations are calling for rapid adoption of global cryptocurrency rules. A report Sunday (Sept. 10) by Cointelegraph said this framework...
Enterprise blockchain and crypto solutions provider Ripple is among the members of a cross-border payments task force recently formed by the Bank for International Settlements (BIS). As part of the cross-border...
A top world financial watchdog wants financial regulators to learn from the recent banking crisis. In a letter Wednesday (April 12) to the finance ministers...