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.

Search Payments News

March 6, 2024

On the web

February 13, 2024

On the web

October 5, 2023

On the web

September 28, 2023

On the web

Legal Fog Over Central Bank Digital Currencies "Unacceptable", BIS warns


"Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the world, the head of the global central bank, the Bank for International Settlements, warned on Wednesday. While countries have laws on banknotes, coins and credit balances, an IMF paper in 2020 showed that close to 80% of central banks are either not allowed to issue a digital currency under their existing laws, or the legal framework is unclear."

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi


"The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading...With more and more nations exploring issuing a wholesale CBDC Project Mariana wanted to test out how foreign and exchange settlement might look in a world where central banks have issued a CBDC."

June 29, 2023

On the web

June 27, 2023

On the web

Quant Launches Overledger Platform


"Today, we unveiled Overledger Platform, making the same enterprise-grade technology that has underpinned our projects with institutional and central bank customers to-date, accessible to large enterprises, SMEs and developers for the first time. ​We are proud to unveil Overledger Platform: the infrastructure used in Project Rosalind – the Bank of England and Bank for International Settlements’ retail CBDC project – available to all via software-as-a-service."

On the wires

UST Delivers API Prototypes for Retail Central Bank Digital Currency (CBDC) experimentation for the Bank of International Settlement and Bank of England

PR Newswire

"UST, a leading digital transformation solutions company, has announced its role as an Innovation vendor for Project Rosalind , an experiment in application programming interface (API) prototypes for central bank digital currencies (CBDC) from the Bank for International Settlements (BIS) and the Bank of England (BOE) via the BIS Innovation Hub London Centre."

June 5, 2023

On the web

May 26, 2023

On the web

May 11, 2023

On the web

Project Polaris: Offline Payments with CBDC (BIS)


"A survey conducted by the BIS Innovation Hub Nordic Centre shows that 49% of central banks consider offline payments with retail CBDC to be vital, while another 49% deemed it to be advantageous. Providing offline payments with CBDC is an important requirement for many central banks for reasons such as resilience, inclusion, privacy and cash resemblance. However, its implementation is complex and involves a number of technology, security and operational considerations that need to be planned and designed for at the earliest possible stages."

January 19, 2023

On the web

Exploring Multilateral Platforms for Cross-Border Payments


Multilateral platforms – cross-border payment systems that are multi-jurisdictional by design – could enhance cross-border payments by reducing the need for intermediaries and allowing payment service providers in different jurisdictions to transact directly with each other. This joint report released by the CPMI, the BIS Innovation Hub, the IMF and the World Bank, identifies challenges to address and approaches to establishing a multilateral platform.

Payments News

Give us your email address or link to our RSS feed and we’ll push the daily Payments News headlines to you.

Glenbrook Payments Boot camp®

Register for the next Glenbrook Payments Boot Camp®

An intensive and comprehensive overview of the payments industry.

Train your Team

Customized, private Payments Boot Camps tailored to meet your team’s unique needs.

OnDemand Modules

Recorded, one-hour videos covering a broad array of payments concepts.

Glenbrook Press

Comprehensive books that detail the systems and innovations shaping the payments industry.