Predictions - News, Articles & Research: Finextra

Binance chief downplays CBDC threat to crypto

Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.

03 November 2022

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Singapore Fintech Festival 2022: Inside Project Guardian

In a session titled 'Unlocking TradFi with DeFi' at Singapore Fintech Festival 2022, DBS, JP Morgan and SBI Digital Asset Holdings explored how they were able to launch the first industry pilot under MAS’ Project Guardian, exploring potential DeFi applications in wholesale funding markets after completing its first live trades.

02 November 2022

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AFP 2022: Europe and North America show mixed reception for new payment methods

Ahead of AFP 2022, Finextra caught up with Carl Slabicki, co-head of global payments at BNY Mellon, to discuss the recently released report, ‘What The Data Say’, in association with Aite-Novarica. The report explores how while “newer emerging electronic payments mechanisms are growing, legacy payment tools including checks and even cash remain resilient.”

24 October 2022

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Brazil central bank chief predicts death of credit cards

Brazil’s central bank chief Roberto Campos Neto believes credit cards are on the brink of extinction due to growth in account-to-account based open payments.

15 August 2022

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Italy's Sella launches metaverse accelerator programme

Italian banking group Sella has launched an acceleration programme dedicated to startups focused on finance in the metaverse.

21 June 2022

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Santander launches global blockchain challenge

Banco Santander and Oxentia Foundation are inviting startups and scaleups from 11 countries to compete in a blockchain challenge and the chance to win cash prizes.

29 April 2022

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Hong Kong publishes CBDC discussion paper

Hong Kong is pushing ahead with its exploration of a retail central bank digital currency, launching a discussion paper on the policy and design aspects of a potential e-HKD.

28 April 2022

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ECB's Panetta calls for urgent action to curb crypto Wild West

Global regulators need to hasten efforts to introduce a coordinated framework to tackle the crypto-asset Wild West, the European Central Bank's Fabio Panetta has warned.

25 April 2022

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CBI launches campaign to get UK businesses to embrace fintech

Confederation of British Industry (CBI) president Lord Bilimoria has launched a campaign to get more businesses using fintech to fuel growth.

25 April 2022

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Retail banks must embrace data-centric capabilities to see off fintech challenge - report

As fintech upstarts snap at their heels, retail bank executives are concerned that they are lagging in their ability to offer true omnichannel and personalised experiences, according to a report from Capgemini and Efma.

21 April 2022

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Apple Pay most popular payments app with US teens

Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey.

11 April 2022

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E-krona could be integrated into banks' existing systems - Riksbank

It should be possible to integrate an e-krona into banks’ and payment service providers’ own existing systems, Sweden's central bank has concluded following CBDC research.

07 April 2022

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