A number of global banks are joining forces to establish the first interbank group for global payments based on distributed ledger, or blockchain, technology, Ripple, a San Francisco-based financial technology firm announced on Friday. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corp., and Royal Bank of Canada are the founding members […]
Recent incidents of cyber fraud are of significant concern for the central banking community
Going completely digital would save billions
Venture funds sign on to fund development to new payments technology
Mark Carney promises independent review
MOU aims to help manage systemic risk
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Widespread use is still a few years away, analysts say
CBA guidelines will serve as a blueprint for how mobile payment capabilities can be offered in the Canadian market