Little need for a centrally managed digital currency in markets like Australia: RBA
What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?
Pandemic pushes central bank digital currencies into top gear
Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.
‘Fintech bridge’ to Singapore in the works to lift digital trade
Senator Jane Hume is exploring how an existing “fintech bridge” might be extended to include Singapore to take advantage of closer digital trade.
AI spending and adoption on the rise, says IDC survey
AI spending and adoption within business is on the rise, according to an IDC survey of more than 2000 IT and line-of-business decision-makers.
COVID-19 supercharges bank disruption
Two-thirds of banking executives believe that technologies like artificial intelligence and machine learning will have a major impact on bank disruption.
As many as 36% of large investors own crypto assets, and bitcoin is the most popular, Fidelity says
More than one-third of large institutional investors hold crypto assets, and the most popular one is bitcoin, a recent survey showed.
Australians, New Zealanders can now use Bitcoin in vending machines
Vending machines operated by major Asia-Pacific soft-drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto.
What is a Digital Wallet?
The term “digital wallet” is more popular than ever before thanks to the introduction of blockchain technology.