Source: bankofengland.co.uk
The Bank of England is setting up a task force focused on exploring the design and launch of a digital version of the pound. As...
Alarm is rising in the U.K. as a third national lockdown weakens businesses, threatening millions of people’s jobs. The result could be a jobless recovery,...
New data from the U.K. Office for National Statistics and the Bank of England show that debit and credit card purchases in the country have...
Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary...
In today’s top news in digital-first banking, Mastercard has added a new account-to-account (A2A) product to its Track Business Payment Service, while Recognise has received...
Bank of England Deputy Governor Jon Cunliffe said it isn’t his job to shield banks from the coming shift to digital currencies, Reuters reported. The...
Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients,...
Saudi Arabia has proposed a business passport built off of blockchain technology to help overcome trade finance challenges brought about by the pandemic, CoinDesk reported....
In today’s top news, the Bank of England upped Monzo’s capital worth requirement, and DoorDash is launching digital convenience stores. Plus, Fiserv reported strong Q2...