PAYMENT

Payment’s changing promise

Payment lies at the origins of money and a promise to pay still supports public currency. The Bank of England promises to pay…but what? As if to reinforce the belief […]

Payments are about client data

I meet technologist Dave Birch on a cold, wet January afternoon at Patisserie Valerie in Old Compton Street, a café in London’s Soho district. This is the original branch of […]

Can bitcoin live on fees alone?

A new Bank for International Settlements (BIS) report has reignited the debate over cryptocurrencies’ long-term viability. In a research paper released this week, Raphael Auer of the BIS’s Monetary and […]

The battle over financial privacy

Expectations that cryptocurrencies would grant their users complete anonymity have proved wide of the mark. But the debate over digital money and privacy may just be beginning. [This article is […]

UK taskforce adds to cryptocurrency confusion

Global policymakers are struggling to achieve a consistent approach to defining and regulating cryptocurrencies. A new report from the UK government illustrates the problem in microcosm. On October 29 the […]