In what will be perceived as a victory for Nigeria’s central bank digital currency (CBDC), FinTech Flutterwave announced Wednesday (Sept. 14) that merchants using its platform can now accept eNaira payments from their customers. Get the Full Story Complete the form to unlock this article...
Reports that the U.S. Treasury Department is going to recommend that the government build out a central bank digital currency (CBDC) before deciding if it wants or needs one has the potential to spark a major battle with banks. Get the Full Story Complete the...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The U.S. Treasury Department plans to advise the federal government to issue a digital dollar, though it will only officially sign off if there’s a government signal that it’s “in the national interest.” Get the Full Story Complete the form to unlock this article and...
In the European Union, the initial stage of a digital euro and potential use cases for a central bank digital currency (CBDC) will target personal use over business processes and Web3 advancement. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Digital Dollar Project (DDP) has announced plans to create a technical sandbox where members and financial services providers can experiment with a U.S. central bank digital currency (CBDC) that its organizers hope the government will eventually issue. Get the Full Story Complete the...
The Digital Dollar Project (DDP) will start a technical sandbox program starting in October to explore the technical aspects of implementing a U.S. central bank digital currency (CBDC), initially focusing on cross-border payments. Get the Full Story Complete the form to unlock this article and...
Federal Reserve Board of Governors member Michelle Bowman said two weeks ago that the imminent launch of the FedNow real-time payments system makes a digital dollar unnecessary. It doesn’t matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Financial services technology provider FIS recently announced the launch of a CBDC Virtual Lab that will give central banks, commercial banks and other financial participants the ability “to experiment with — and pilot — core concepts of issuance, transfer, redemption, offline payments, programmable payments, retail, wholesale...
