Bank Of Canada news and trends

Canada Shifts Focus From CBDCs to ‘Payments Landscape’
CBDC // September 23, 2024

Canada’s experiment with the digital dollar is over, at least for now. 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...

CBDCs’ Relevance Questioned After Canada Casts Skepticism
CBDC // August 11, 2023

It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring — central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME...
Regulation // March 20, 2022

In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank in Brazil in order to enter the market in the country. Plus, German FinTech Monite offers a one-stop-shop for automating...

Bank of Canada Exploring CBDC Design with MIT
CBDC // March 18, 2022

The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of a potential Central Bank Digital Currency (CBDC), according to a Cointelegraph report Thursday (March 17). Get the Full Story Complete...

Interviews & Exclusives
Square On Canadian Merchants And Cash(less) Payments

March 30, 2018
Today’s average Canadian consumer is more cash-enthused than their average American counterpart. 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 […]

Quick Reads
Canada Shifts Focus From CBDCs to ‘Payments Landscape’

September 23, 2024
Canada’s experiment with the digital dollar is over, at least for now. 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 […]

Bank of Canada Exploring CBDC Design with MIT

March 18, 2022
The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of a potential Central Bank Digital...

Payments Canada Selects Interac For Real-Time Rail Exchange Services

March 02, 2021
Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for the country’s Real-Time Rail (RTR)....

Bitcoin Daily: Bank Of Canada Chief Says Digital Currency Needs Global Approach; Ripple Eyes Blockchain...

October 29, 2020
The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. Get the Full Story Complete...