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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.

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July 18, 2024

Top Post

November 6, 2023

On the web

August 11, 2023

On the web

August 2, 2023

On the web

Companies

Breeden to Replace CBDC Expert Cunliffe at Bank of England

Ledger Insights

Yesterday, HM Treasury announced the appointment of Sarah Breeden as Deputy Governor for Financial Stability at the Bank of England (BoE). She will replace Sir Jon Cunliffe, a seasoned central bank digital currency (CBDC) expert who has held the post for the past ten years, the maximum term a Deputy Governor may serve.
Tags: Bank of England

July 24, 2023

On the web

April 17, 2023

On the web

Companies

The Shape of Things to Come: Innovation in Payments and Money − Speech by Sir Jon Cunliffe

Bank of England

"In his speech, Jon Cunliffe looks at four areas where the tokenisation of money is now being explored. The first is stablecoins used for payments, the second is the tokenisation of commercial bank deposits, the third is the next stage of the Bank of England’s work on issuing a Digital Pound and the last is the Bank’s work to ensure to ensure these new forms of money are robust and uniform."
Tags: Bank of England

March 20, 2023

On the web

Companies

ISO 20022: Implementing the Global Payments Messaging Standard within CHAPS and RTGS

Bank of England

"On 19 June 2023, CHAPS and the Bank’s Real Time Gross Settlement System (RTGS) will migrate to the ISO 20022 messaging standard. The ISO 20022 message standard facilitates the sending of enhanced data in a richer, more structured format than currently, which will bring a wide range of benefits...In order to continue sending and receiving CHAPS payments from 19 June 2023, payment users may have to make changes to the way they send and receive payments. Users will also need to adapt to the new data requirements, which will become mandatory from November 2024 onwards."
Tags: Bank of England
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