Asset classes will transfer to the blockchain following a “path of least resistance,” according to research from Fidelity Center for Applied Technologies (FCAT) revealed at ISITC Summit Boston
The association made the affirmation after a comprehensive review found that 18 central and commercial banks have found “clear potential and value” in the API-based CBDC connector
Working alongside central banks from Israel, Norway and Sweden, the PoC evaluates the technical feasibility of making cross-border and cross-currency payments between retail CBDC systems
DTCC has published the findings of its pilot programme investigating how tokenised securities and a wholesale CBDC would operate in the US settlement infrastructure
Swiss crypto bank SEBA Bank has opened a new Hong Kong office for its subsidiary, SEBA Hong Kong
This solution aims to deliver speed and transparency to payments of up to US$10,000, enabling users to send USD, GBP and EUR payments cross-border with a breakdown of how much it will cost them in deductions before they execute
The Bank for International Settlements has completed a pilot with four central banks as part of its Project mBridge initiative that aims to deliver cross-border payments between commercial banks using central bank digital currencies
SWIFT said this marks a “major milestone” for the industry toward “enabling CBDCs and tokenised assets’ smooth integration into the international financial ecosystem”
Industry experts talk to Sophie Downes about why we need digital currency and what work needs to be done by the industry to implement it
The financial services industry is on the cusp of a major technological transformation. Arnaud Misset, chief digital officer at CACEIS, explains how this will create new opportunities for asset managers and asset owners alike
As a fairly nascent asset class, digital assets face a number of challenges as they grow in popularity. Although much effort has gone into strengthening and legitimising the market, there’s still work to be done
Mentions of Nordic countries bring to mind fjords, frost and fish, but the region continues to provide a rich source of financial innovation
As the sector continues to innovate Martin Bock, Ramy El Houayek, Melanie Herbert, Michael Johnson, and David Rochford discuss the challenges and future developments facing fund services in Europe
With an evolving payments landscape, Canada is marching ahead to modernise its core payments infrastructure with a vision to build a modern payments system that is fast, flexible, secure and promotes innovation
