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 […]
When looking at financial markets, we should pay more attention to the physical stuff—the cables, boxes, chips and code—without which those markets wouldn’t exist. That’s because the money infrastructure has […]
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 […]
Automated borrowing and lending transactions on cryptocurrency networks have soared this year. Is this yet another crypto bubble or is there a signal behind the noise? Where did DeFi come […]
Post-Wirecard, the Bank of England has warned it will impose more stringent regulation on the payments sector in order to ensure the safety of the broader financial system. And, it […]
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 […]
Why is US President Trump fighting with China over an app used by kids to share funny short-form videos? The TikTok battle is one front of a broader war over […]
CLS, the bank that plays a pivotal behind-the-scenes role in the global foreign exchange (FX) market, has added to warnings of a build-up of post-trade risks. Foreign exchange is the […]
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 […]
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 […]
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