Banque de France (BDF) Governor François Villeroy de Galhau said the BDF has kicked off the second phase of experimentation into a wholesale central bank digital currency (CBDC), which could be used to streamline domestic and cross-border transactions between banks. In a speech announcing the...
The Banque de France announced Thursday (Dec. 16) that it has successfully finished the first stage of its plan to create a wholesale central bank digital currency (CBDC). The French central bank has long been a proponent of European Union-wide CBDCs, pitching its own efforts...
As more corporates take the leap away from paper, ACH continues to be a popular choice to digitize B2B transactions. This week’s exploration of Payment Rail Innovation finds financial service providers and FinTechs collaborating to improve the functionality of ACH, including the adoption of ISO...
In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Plus, Goldman Sachs’ CEO says he doesn’t believe the present...
July 12, 2022
Banque de France (BDF) Governor François Villeroy de Galhau said the BDF has kicked off the second phase of experimentation into a wholesale central bank digital currency (CBDC), which could be used to streamline domestic and cross-border transactions between banks. In a speech announcing the news Tuesday (July 12), Galhau first started off discussing the […]
January 19, 2021
Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the...
May 20, 2020
Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). Travala.com CEO Juan Otero said...
March 30, 2020
The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. The organization said...
