Key Takeaways Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is ...

Hospitality point-of-sale services specialist Olo said … Discover Financial Services reported payments volume of $102 billion for the fourth quarter of 2024, up 4% year-over-year, including a 7% rise ...

Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern ...

As the digital euro preparation phase nears its conclusion, it's crucial to consider the associated risks and benefits. Click ...

A white paper called "Bitcoin: A Peer-to-Peer Electronic Cash System ... the paper described a digital currency that would enable peer-to-peer payments without relying on financial institutions.

By integrating IST's offline solution with R3's Digital Currency platform, CBDCs issued on Corda can be utilised in retail ...

Should new arrangements be treated as electronic money ... and could limit currency convertibility. Yet there are also opportunities. Digital money could be leveraged to foster integration and ...

Electronic payments can be the more resilient option ... Some form of central bank digital currency (CBDC), for example. To be a useful adjunct to cash and not simply another form of prepaid ...

This technology provides several advantages as digital currency changes the ... clearing systems like SWIFT. Crypto payment platforms may be the first electronic system some places implement.

Initially, the central bank had permitted only banks to offer access to the digital currency but in April 2024 said it will allow payment firms to offer e-rupee transactions. Cred will roll out ...