PAYMENT

How safe is e-money?

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 […]

ECB is preparing for digital euro

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 […]

UK fractures EU fintech consensus

In 2000 the European Union published its first electronic money directive—showing remarkable foresight about the potential future growth of digital payments. Europe’s early introduction of comprehensive rules for e-money has […]

Risks lurk in fintech sector

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 […]

No easy fix for remittance costs

There’s no easy way to address the frictions affecting global money flows, says the Committee on Payments and Market Infrastructures (CPMI), which looks after the safety and efficiency of the […]