CBDC for international settlements
Wider use of CBDCs for cross-border settlements dents banks’ fee income
Lenders will have to reduce cross-border fees once CBDCs become more mainstream.
Wider use of CBDCs for cross-border settlements dents banks’ fee income
Lenders will have to reduce cross-border fees once CBDCs become more mainstream.
Singapore joins multi-central-bank project to test CBDC use for international settlements
The BIS Innovation Hub’s Singapore centre will lead the project.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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