Personal Finance

Personal Finance

HKMA initiates first CBDC steps with whitepaper launch

The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Nigerian central bank to launch new CBDC through Bitt collaboration

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

EPA calls for greater digital identity push in light of growing financial crime

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

Government review finds key regulatory shortfalls in Australian payments system

A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.

How financial institutions can succeed in mobile banking post-pandemic

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

Thailand’s central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Research provides guide for financial services industry in reducing gambling harm

UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.

ECB: Digital euro will be a complement to cash, not a replacement

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

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