One of the best business books of recent years, ‘How Music Got Free’, by Stephen Witt, tells an engrossing tale of obsession, music, obscene money, visionaries, criminals and tycoons. […]
Last week US bank JP Morgan Chase announced that it has trialled a new digital payment token called JPM Coin. The token is designed to speed up the settlement of […]
If you thought payments were just about the transfer of value from A to B, you were wrong. “Payments are not about the movement of money any more, they are […]
European policymakers have created an unfair playing field through open banking reforms, says Simon Lelieveldt, whose background gives him a unique perspective on payments regulation. Lelieveldt has worked in the […]
Populist politicians in developed countries aim hostile rhetoric at economic migrants, aiming to deter their arrival. But for those who make it across borders to work abroad, sending money home […]
Transferring money from one person to another is relatively easy if you are in physical proximity, in the same time zone or national financial system. But what if your counterparty […]
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 […]
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 […]
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 world’s central banks are proving reticent to introduce digital currencies, despite mounting market pressures for them to do so, according to a new report from the Bank for International […]
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