Cryptocurrency has been synonymous with a lack of regulation and a Wild West ethos. This has led to speculative and non-core products like meme coins, blockchain games and yesteryear’s NFTs and ICOs. But all that is beginning to change as regulated economies across the world...
Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new systems debuting in other regions, the year has been a turning point for faster, more accessible transactions. What follows are...
Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity of payment apps. Speaking at an event, Schlegel emphasized the importance of cash for a large part of the population,...
The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS Innovation Hub centers along with the Bank of France, the Monetary Authority of Singapore and the Swiss National Bank. It...
December 06, 2024
Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new systems debuting in other regions, the year has been a turning point for faster, more accessible transactions. What follows are some key highlights from the year. In January, Mastercard and […]
September 01, 2023
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get immediate access to their funds....
March 23, 2023
European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a step further to develop internal...
December 28, 2022
EU digital wallets are looking to be more than just payment apps. According to Markus Kilb, CEO at Swiss mobile wallet provider TWINT, the next frontier in digital wallet use...
July 24, 2025
The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new agreement that will make it easier for these firms to do business in the two countries. The Berne Financial Services Agreement (BFSA) will reduce regulatory barriers by enabling U.K. insurance […]
February 23, 2024
Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity of payment apps. Speaking at...
September 28, 2023
The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS Innovation Hub centers along with...
August 30, 2023
Switzerland is set to introduce new rules to tackle money laundering. The regulations — set to be presented to the Swiss parliament next year — would make lawyers and consultants responsible for...
