Tag: Bank of England

How safe is e-money?

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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 […]

UK fractures EU fintech consensus

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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 […]

UK ponders negative rates on e-cash

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When trying to stimulate economies by imposing negative interest rates, central banks run into a problem: they can’t stop money leaking out of the banking system and into cash. Around […]

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