Search Results for: Central banks

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot
Banking News

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Business Wire
by Business Wire0
The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the......
The Rise of Partnerships Between Fintechs, Banks and Credit Unions
Banking Fintech Guest Posts

The Rise of Partnerships Between Fintechs, Banks and Credit Unions

JB Orecchia
by JB Orecchia0
In recent years, the traditional banking sector has faced significant competition from digital alternatives such as banking as a service (BaaS) and embedded finance. According to a survey conducted by Economist Impact, over half of C-suite banking executives are aware and wary of this increased competition. However, in a new......
Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot
Banking News

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Business Wire
by Business Wire0
The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the......
The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency
Banking Digital Payments News

The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency

PR Newswire
by PR Newswire0
Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF. Universal Monetary......
Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USDB
Blockchain Digital Payments News

Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USDB

GlobeNewswire
by GlobeNewswire0
Introducing a dollar-pegged, Bitcoin backed stablecoin, built without dependencies on banks. Becoming available on a private beta starting today, USDB, a stablecoin that has been built in a revolutionary approach that will reroute the crypto markets unlocking new opportunities for fast and simple trades to power exchanges, financial institutions, businesses,......
Extraco Banks Selects Empower, Black Knight's High-Performance LOS, to Drive Growth in Digital Mortgage Operations
Mortgage News

Extraco Banks Selects Empower, Black Knight’s High-Performance LOS, to Drive Growth in Digital Mortgage Operations

PR Newswire
by PR Newswire0
Extraco Banks will use Empower to spearhead its move into the digital lending arena Black Knight, Inc. announced that Extraco Banks, the largest and most comprehensive locally owned bank between Dallas and Austin, Texas, has signed a contract to implement the Empower loan origination system (LOS). The company selected Empower for its exceptional digital mortgage......
Uncovering Central Bank Digital Currencies (CBDCs)
Banking Currency Exchange Featured Fintech Primers

Uncovering Central Bank Digital Currencies (CBDCs)

Pooja Choudhary
by Pooja Choudhary0
Roughly 90 percent of the world’s central banks are pursuing central bank digital currency (CBDC) projects. A few including those in the U.S. and South Africa, are in the exploratory phase; others are development projects (the European Union) and pilots (China). In some locations, including Nigeria and the Bahamas, solutions......
Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions
Banking News

Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions

Business Wire
by Business Wire0
Strategic relationship advances embedded finance capabilities that help brands create innovative debit programs in step with the realities of people’s lives Fiserv, Inc., a leading global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators to......
Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients
Lending News

Finastra’s ESG Service Will Support Banks in Delivering a Sustainable Lending Experience to Corporate Clients

PR Newswire
by PR Newswire0
SaaS-based service will allow banks to benefit from fast deployment of a highly flexible and comprehensive sustainability-linked lending solution designed in tandem with ESG lender banks Finastra announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service facilitates the integration of......
Banks See “Clear Potential and Value” in Swift’s Experimental CBDC Connector After Sandbox Collaboration
Blockchain News

Banks See “Clear Potential and Value” in Swift’s Experimental CBDC Connector After Sandbox Collaboration

Business Wire
by Business Wire0
Swift innovation enables CBDCs to move seamlessly on existing financial infrastructure and efficiently scale for international transactions across more than 200 countries Swift announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value” in......
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