11-14-2024 
digital payments
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11 June, 2021
Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments
While announcing a roadmap that seeks to strengthen the region’s fintech sector, the HKMA revealed it has been collaborating with...
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7 June, 2021
China giving away $6 million in Beijing digital yuan test
The Beijing Local Financial Supervision and Administration Bureau plans to give away 200 red envelopes to local residents, with each...
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30 May, 2021
Apple wants business development manager for alternative payments
The job post outlines that the company is seeking someone with at least 10 years of experience in the field,...
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26 May, 2021
Fed’s Lael Brainard: CBDC may provide important foundation for US retail payments
Lael Brainard, a member of the Federal Reserve Board of Governors, recently spoke about the Federal Reserve’s approach and thoughts...
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22 May, 2021
CBDCs may disrupt financial systems: Fitch Ratings
In its latest report, Fitch Ratings looked into how CBDCs could impact the global financial system, including giving governments a...
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20 February, 2021
Bahamas launches the first digital currency-linked debit card
The Bahamas launched the Sand Dollar as it sought to insulate its financial system against the constant disruptions that occur...
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19 February, 2021
Russian mobile networks plan wallet and payment services for digital ruble
Mobile networks Beeline and Megafon are reported to be considering supporting services for an eventual central bank digital currency.
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2 February, 2021
BIS head: Bitcoin may break down altogether, has no actual value backing
The head of the Bank for International Settlements believes that Bitcoin could end up collapsing altogether.
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30 January, 2021
India’s central bank exploring the need for digital currency
In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s...
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18 January, 2021
Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid
The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice...
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15 January, 2021
Pakistan launches Bill Gates-backed Raast instant digital payments system
Known as Raast, the system is especially aimed at availing digital payments to women who have been financially marginalized for...
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12 January, 2021
China unveils first digital yuan physical card in Shanghai
Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
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