Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide. Mastercard’s Digital Currency Testing Platform Global payments company Mastercard […]

Photographer: Andrey Rudakov/Bloomberg Photographer: Andrey Rudakov/Bloomberg While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with — and control of — a rapidly digitizing economy. […]

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency. Giesecke+Devrient Chairman and Group CEO Ralf […]

As China prepares to debut digital currency, Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. reported the retailer has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC). The news […]

With over twenty years of experience in information security, Ameet Naik, an expert in digital security, explains what digital skimming is and how it can hurt your clients and your business. Digital skimming is one of the major hidden threats to any business. With social distancing rules still in effect, […]

Digital Money Transfer Covid-19 Impact Update – Global Market Research Industry A new business intelligence report released by AMA with title Digital Money Transfer Market Size, Status and Forecast 2019-2025 is designed covering micro level of analysis by manufacturers and key business segments. The Global Digital Money Transfer Market survey […]

Brian Moynihan, the chief executive of Bank of America. REUTERS/Joshua Roberts Speaking at the Barclays Global Financial Services Conference on Tuesday, Bank of America CEO Brian Moynihan and Jennifer Piepszak, JPMorgan’s CFO, both spoke about customers’ increasing reliance on digital banking tools. Moynihan said that the pandemic had accelerated already-burgeoning […]

(Bloomberg) — Finance chiefs from the euro area said a strict regime is needed to control digital currencies and keep private initiatives such as Facebook Inc.’s Libra project from threatening financial stability. Load Error Speaking in Berlin on Friday, top officials from the bloc’s biggest economies sought to reinforce the […]

New global research from MediaMonks conducted by Forrester Consulting has found “that the pandemic has done more than accelerate brands’ digital transformation initiatives, with many marketers already doubling down on what’s next.” According to the report as consumers rapidly embrace digital behaviors and brands shift to meet needs within virtual […]

One of the leading blockchain companies, Digital Currency Group, or DCG, has recently acquired the British based crypto exchange, Luno. DCG had initially bought a stake in Luno by investing in the exchange’s seed round in 2014. Since then, the exchange has spread its roots across 40 countries and currently […]

BUENOS AIRES (Reuters) – With theaters closed around the world, three South American dancers have created a digital dance-off for aspiring twirlers, with Instagram the new stage where competitors from Argentina and Brazil to Israel and Italy post clips of their moves. The competition, open to all, has attracted hundreds […]

The government of Bermuda had teamed up with payment and FX exchange Stablehouse to launch a test pilot program for a digital stimulus token. The goal of the pilot is to explore the viability of digital tokens in the purchasing of food, essential products and services. The pilot has begun […]

China will dramatically expand its pilot program for digital currency to include all major large cities, the country’s Commerce Ministry said Friday. To date, the central-bank-led trial program has been under way in four cities and in places related to the 2022 Beijing Winter Olympics. With Friday’s announcement, the pioneering […]