RBA eyes wave of digital sovereign currencies
What is a digital sovereign currency? It’s basically a digital version of a sovereign currency, or the bank notes that central banks use.
RBA partners with CommBank, NAB, Perpetual and ConsenSys Software on digital currency research
The Reserve Bank is partnering with Commonwealth Bank, NAB, Perpetual and ConsenSys Software to explore the potential use of a central bank digital currency
Central bank digital currency could be Australia’s monetary future
Central banks have an opportunity to innovate to keep pace with the changes in digital finance and a central bank digital currency is a potential solution.
Mastercard launches testing environment for Central Banks and digital currencies
Mastercard has announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.
How banks can work with Bitcoin’s original design
It’s time for banks begin embracing new business opportunities being created by the original design living now as Bitcoin SV (BSV).
Blockchain-based platform for bank guarantees set for commercial launch
ANZ, CBA, Westpac, IBM and Centre Group’s successful Blockchain platform, Lygon, reduces the time to issue bank guarantees from up to one month to one day.
Smartphone payments soar as digital wallets gain traction
Figures from banks show the use of digital wallets – smartphone payments or wearable devices that can make payments – is soaring.
Are bank branches becoming a thing of the past?
A survey by JD Power showed that 27% of respondents indicated in the survey that they would use bank branches less often.
