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...
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...
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...
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...
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 […]
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 […]
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...
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)....
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...