A final decision is yet to be made about the issuing of a digital euro by the European Central Bank (ECB). The earliest a CBDC could be released would be 2026, but as it becomes more of a reality more concerns are being raised.
Paysend, the global card-to-card transfers pioneer and global payments platform, is announcing today a new partnership with global payroll platform Ontop, enabling employers to make faster and more cost-effective salary payments to workers and contractors.
Today, the Reserve Bank in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) demonstrated the selected organisations exploring potential use cases and economic benefits of a central bank digital currency (CBDC) in Australia with a live demonstration.
EML Payments Limited (ASX: EML), a leading payment solutions provider, is working with Visa, a world leader in digital payments, to offer its private label digital gift cards product serving its broad shopping center and multi-retailer customer base in the United States and Canada.
Gala Technology has announced the launch of the instant bank payment solution Link-Pay-Bank, developed in partnership with EML Payments' Open Banking business, Nuapay