Forbes: How Stripe and Stablecoins Are Reshaping Remote Work for a Global Workforce
In the rapidly evolving landscape of remote work, innovative payment solutions are playing a pivotal role in reshaping how businesses operate globally. A recent Forbes article titled “How Stripe and Stablecoins Are Rewiring Remote Work” delves into this transformation, highlighting the convergence of fintech innovations and decentralized finance (DeFi) in streamlining cross-border transactions. The Rise […]
Shaktikanta Das Departs RBI, Stresses Potential of Digital Rupee for India’s Economy
On his final day as Governor of the Reserve Bank of India (RBI), Shaktikanta Das outlined his vision for India’s economic transformation through the adoption of the central bank digital currency (CBDC), the digital rupee. In his farewell address on 10th December, Das reflected on his six-year tenure, during which he championed technological innovation. Notable […]
NOBO Joins the Digital Pound Foundation to Help Drive Change in Financial Services Across Europe and Africa
We are excited to announce the addition of NOBO, a fintech that is reducing friction in financial services across Europe and Africa with blockchain and open banking, to the Digital Pound Foundation (DPF) as Associate Members. NOBO’s mission is to provide seamless, secure, and efficient financial services through innovative technology solutions. By leveraging blockchain, integrating […]
Transforming RTGS: Bank of England Highlights New Connectivity and Synchronisation Plans
Victoria Cleland, Executive Director for Banking, Payments, and Innovation at the Bank of England, delivered a speech at FinTech Connect on 5 December 2024, outlining the future roadmap for the UK’s Real-Time Gross Settlement (RTGS) service. In her address, she emphasised the Bank’s commitment to enhancing the resilience, accessibility, and functionality of the RTGS system […]
The Bank of England’s New Paper Explores the Role of a CBDC in a Digital Economy
The Bank of England has published a new paper titled “The Role of Central Bank Digital Currency in an Increasingly Digital Economy“. The paper examines the potential benefits and implications of introducing an unremunerated retail central bank digital currency (CBDC) against the backdrop of declining cash usage and growing online transactions in the UK. The […]
Manchester University’s Centre of FinTech Studies Partners with the Digital Pound Foundation
We are pleased to announce that Manchester University’s Centre of Financial Technology (FinTech) Studies has joined the Digital Pound Foundation (DPF) as a strategic partner. The Centre of FinTech Studies is a Knowledge and Research hub set up by the Alliance Manchester Business School in 2022 to explore digital advancements in finance. It collaborates with […]
Former Binance Executives Launching MiCA-Compliant Euro Stablecoin Within Two Weeks
As the Markets in Crypto-Assets Regulation (MiCA) approaches its final enforcement deadline later this year, Europe is set to welcome a new euro-backed stablecoin to the digital currency landscape. Schuman Financial, a recently established cryptocurrency firm founded by former Binance executives Martin Bruncko and Eduardo Morrison, has announced its launch, unveiling its inaugural product, the […]
Xoom by PayPal Introduces Stablecoin Settlements for Cross-Border Payments
PayPal has announced that its cross-border payments platform, Xoom, will now offer settlement services using PayPal USD (PYUSD). This marks a significant step in integrating stablecoins into global money transfers. As revealed in a press release on Tuesday, 19th November, the service will initially be available to Xoom’s disbursement partners, with Cebuana Lhuillier, a financial […]
HM Treasury Aims to Modernise Payments and Drive Innovation with its New National Payments Vision
HM Treasury has announced its National Payments Vision, setting out an ambitious plan to position the UK as a global leader in payments. This strategy aims to strengthen the economy by fostering innovation, enhancing security, and offering consumers and businesses a range of trusted payment options, all underpinned by next-generation technology. In the ministerial foreword, […]
Norway Backs EU Crypto Regulation, Weighs Potential CBDC for Financial Stability
Norges Bank, Norway’s central bank, has voiced its support for the European Union’s Markets in Crypto-Assets (MiCA) regulation while evaluating the potential for a central bank digital currency (CBDC) to enhance cross-border payments and bolster financial stability. As part of the European Economic Area (EEA), Norway aligns closely with EU regulations, including MiCA. Kjetil Watne, […]
