Around the world, payments are becoming faster, more efficient and more convenient due to the increasing adoption of digital and mobile technology, says the Bank for International Settlements (BIS) in […]
The Shanghai Stock Exchange (SSE) has intervened to halt the public sale of shares in Ant Group, China’s financial technology giant, due to take place later this week. The share […]
Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]
The recovery from the coronavirus pandemic is proving patchy. It’s prone to conflict, fear and mistrust. And if we don’t fix our flawed digital identity infrastructure, says Bianca Lopes, our […]
Governments around the world are preparing to upgrade their national money from the paper to the digital era. Some argue the introduction of central bank digital currencies (CBDC) will mark […]
Open banking—which allows consumers to link savings, budgeting and faster payments apps with their bank accounts—is leaping ahead in the UK. But consumer protection standards may need to jump to […]
When the UK imposed its first coronavirus lockdown on 16 March, some consumers found they couldn’t get their money back for services they had paid for but were no longer […]
Earlier this month, the governor of the Bank of England made it clear that customers of electronic money (e-money) firms are less protected against a corporate collapse than customers of […]
The president of the European Central Bank (ECB), Christine Lagarde, says Europe is falling behind in the global money race and may soon launch a new digital version of the […]
Bitcoin is a live, multi-billion-dollar experiment involving tens of millions of willing participants. It’s also a case study in game theory, the field of science that studies the interactions between […]