Central Banks/Government – wikipayresearch

HOW SHOULD CENTRAL BANKS EXPLORE CENTRAL BANK DIGITAL CURRENCY? – INTERNATIONAL MONETARY FUND

$ Transfers and Digital Payments, 2023, ALL CONTENT, Central Banks/Government, International Monetary Fund (IMF), Link / WikiPay Research

This report explores the context that central bank digital currency (CBDC) should be evaluated if designed appropriately.

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CENTRAL BANK DIGITAL CURRENCY (CBDC) – SECURE ECOSYSTEM

$ Transfers and Digital Payments, 2023, ALL CONTENT, Central Banks/Government, PDF/DOC, Prasanna Lohar / WikiPay Research

A brief description of the steps that might be taken to create a retail and a wholesale central bank digital currency. This was originally a Linkedin post that was shared publicly.

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HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH

$ Transfers and Digital Payments, 2023, ACH, ALL CONTENT, Bessemer Venture Partners, Central Banks/Government, Fed Now, Link, Marcel Van Oost, Other Strong Payments Component (e.g., insurance, healthcare), Real-Time Payments, Stablecoin, Venmo, Wallets, Zelle / WikiPay Research

FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.

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