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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

PYMNTS

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

Policies 181
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Most Platforms Can’t Scale, Will Fail

PYMNTS

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Is it one those amazing blockchain things? We profile innovators on PYMNTS.com every day. What is it you ask? Not so good.

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2021 GonzoBanker Awards

Gonzobanker

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Congrats on a brave move and national recognition Jim! 82% to over 2.3%

Fintech 147
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Congratulations to All Celent Model Bank 2017 Award Winners!

Celent Banking

Many of us at Celent just came back from a busy and exciting week in Boston. Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Consumer Banking Channel Innovation. National Australia Bank, Australia.

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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. National Institutional Facilitation Technologies (NIFT) and B2B FinTech Haball are collaborating to develop a new digital payment rail to facilitate B2B transactions in Pakistan, the companies recently announced.

Payments 130
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Beyond Bitcoin: Cryptocurrencies Flirt With Mainstream Commercial, Consumer Commerce

PYMNTS

In September, the Office of the Comptroller of the Currency (OCC) clarified the authority for national banks and federal savings associations to hold reserves on behalf of customers who issue stablecoins (those coins have to have a one-to-one relationship with a fiat currency).

Bitcoin 208
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Retailers and cashlessness (In more ways than one)

Tomorrow's Transactions

Perry Kramer, vice president and practice lead at consultant Boston Retail Partners, contends that as many as four-fifths of (US, I presume) retailers are already “largely cashless”. National Retail Federation. From Sweetgreen Is Going Fully Cashless In 2017 | Fast Company | Business + Innovation. You can see the attraction.

Retail 30