Tag: BIS

Brazil blocks Facebook’s payments push

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Brazil’s central bank has put an apparent stop to Facebook’s payments plans in the country only a week after the tech giant announced the launch of a new WhatsApp-based digital […]

BIS warns of new monopolies in payments

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The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]

Covid wipes out cash

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The rate of spread of coronavirus through the human population may be slowing, but the pandemic seems well on the way to claiming another permanent victim: physical cash. That seems […]

Payments are about politics

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The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

The users are in charge

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Bitcoin poses a revolutionary challenge to conventional models of financial governance, says a University of Luxembourg researcher. Financial market infrastructures—or ‘FMIs’, for short—are the most heavily regulated part of the […]

The cross-border payment challenge

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Domestic payments—those within a single currency area—are becoming faster, easier and safer. But the opposite is true when payments go global. There are six deep-rooted reasons for the opacity, high […]

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