London to maintain grip on EU clearing post Brexit
COVID-19 thwarts Frankfurt’s plans to grab clearing business from Britain.
COVID-19 thwarts Frankfurt’s plans to grab clearing business from Britain.
The bank says it will begin work in the “coming days”.
Some 4,000 digital LBCOINs will go on sale via the bank’s e-shop from 23 July.
Unlocking the benefits of open banking.
British taxpayers have been paying off slave owners from 1833 to 2015.
Sterling sank against the dollar and euro on Thursday, falling more than 1% following the announcement.
The bank hopes the test will pave the way for a more simplified market infrastructure.
This is the first of ECB’s “pandemic emergency longer-term refinancing operations” plan.
The consolidation is due to be completed in November 2021.
Both smart and ‘yam’ phones can pay through QR codes.
Hope springs eternal: discovering alternative lending in times of crisis.
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
“We are increasingly observing an ‘America first’ attitude among large US banks.”
The firms will also create a “next-generation” suite of central banking products.
FinTech Futures’ weekly coronavirus news wrap.
The potential for a CBDC to make such disbursements more efficient and effective is multi-faceted.
A brief overview of how governments and financial regulators have reacted to coronavirus.
“This funding will assist households and employers of all sizes,” says the Fed.
Analysts say cheaper loans will help the broader Chinese economy weather the current slowdown.
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
All things equal: Closing the gender gap in fintech.
The pandemic has given fintechs a time to shine.
Applications are due by 15 May 2020.
The ECB will act against banks which don’t comply.
These new sandboxes will be subject to lighter regulations.
House Democrats have drafted a bill which, if enacted, would create a ‘digital dollar’.
A further wave of dividend suspensions and cancellation of buybacks were announced.
The price on the US dollar liquidity swap arrangements will go down by 25 basis points.
The digitisation of payments has been “a challenging project” for the island.
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
Sweden’s CBDC is using R3’s Corda Enterprise Blockchain platform.
FinTech Future’s weekly news round-up.
FinTech Future’s weekly news round-up.
FinTech Future’s weekly news round-up.
Carney is due to become the United Nations’ special envoy for climate change.
In the sCBDC model central banks would focus on their core function: providing trust and efficiency.
The central bank’s digital transformation is part of a national vision for the economy.
Three key factors currently preclude cryptocurrency from gaining widespread payments acceptance.
The BCBS research paper identifies ten key implications and related considerations for the industry.