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 […]
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 […]
Central banks around the world are rushing to prepare digital replacements for their notes and coins. But the most critical question of all regarding state digital money remains unresolved. Will […]
Wirecard’s collapse raises questions about the future growth of the financial technology sector. Do no harm—the pre-paid card If you’re in search of financial products that harm consumers, you don’t […]
The Wirecard collapse raises questions over the safety of funds kept by electronic money and payment services firms. Spot the difference On the face of it, there’s very little difference […]
We can all see the short-term impacts of the coronavirus pandemic: fear, lockdowns, falls in output, restrictions on travel, frictions in supply chains, growing social tension and unprecedented government intervention. […]
To understand bitcoin, think of it as a technology rather than as a speculative financial asset, a leading computer scientist said this week. “People often talk about bitcoin as an […]
Digital identity systems promise a way out of the coronavirus slump. But as they have major implications for money systems, politics and democracy, getting them wrong could have disastrous repercussions. […]
Hard economic times can spur the adoption of local currencies. Could digital payments give a boost to the trend? In an economic slump, no one has much cash. And if […]
The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]