The way people pay for things is changing as the nature of money itself transforms. Fearing they may one day be left behind as digital, crypto and other currencies not backed by national governments continue encroaching on the use of physical, native fiat, the central...
The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The U.K.’s central bank announced on Thursday (July 30) that it has hired IT firm Accenture to revamp and modernize what is known...
The Fed is seeking public comment from stakeholders on moving to faster payments, always on and always available. Fed Gov. Lael Brainard said in a speech Wednesday that there's a path for real-time gross settlements between banks, giving consumers and businesses the speed and transparency...
England’s central bank is taking a significant step in support of blockchain technology with a decision to open its real-time gross settlement (RTGS) system to distributed ledger networks. Reports in Cointelegraph said the Bank of England (BofE) will rebuild the RTGS system to be able...
October 04, 2018
The Fed is seeking public comment from stakeholders on moving to faster payments, always on and always available. Fed Gov. Lael Brainard said in a speech Wednesday that there's a path for real-time gross settlements between banks, giving consumers and businesses the speed and transparency they've come to expect in the digital age.
June 26, 2023
eCurrency Mint has joined forces with financial markets solutions provider CMA. The partnership, announced Monday (June 26), will provide customers with an integrated real-time gross settlement (RTGS) and central bank digital currency (CBDC) solution. “This collaboration operationalizes CBDC allowing seamless support for commercial banks and other intermediaries to access currency in both physical and digital form,” the companies said […]
July 30, 2020
The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The U.K.’s central bank announced on Thursday (July...
