Money

‘Urgent’ need for digital reform of banking payments, says Bank of England boss

Governor Andrew Bailey said he remained sceptical over the need for a digital pound, stressing that innovation in payments should be a priority. Bank of

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Server reignites etiquette debate after confronting customer as she went to the bathroom over tiny tip

New York server Shea was only tipped nine per cent on customer’s bill She called out the customer while she went to the bathroom –

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Bank of England to press on with digital currency in case banks fall short, Bailey says

By David Milliken WASHINGTON (Reuters) – The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to

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Illustrative industry architecture to mitigate potential fragmentation across a central bank digital currency and commercial bank money

Illustrative industry architecture to mitigate potential fragmentation across a central bank digital currency and commercial bank money – Journal of Financial Market Infrastructures Skip to

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Commercial Bank of Ethiopia glitch lets customers withdraw millions

Much of the money was withdrawn from state-owned CBE by students, bank president Abe Sano told journalists on Monday. News of the glitch spread across

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Functional consistency across retail central bank digital currency and commercial bank money

In this section we explore the concept of functional consistency for regulated retail digital money denominated in a specific national unit of account. This includes

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Alan Titchmarsh says never mow the lawn on Sundays

BBC gardening legend Alan Titchmarsh has urged gardeners across the UK not to mow the lawn on a Sunday. Alan, 75, rose to fame as

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Hot commodities can help diversify your portfolio

When sitting in a cave, resting after a hard day’s hunter gathering, it would have been unlikely that I would have led a discussion group

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Who Really Controls the Future of Currency?

has been one of the most powerful levers of state authority. Rulers have long understood that whoever issues and manages the currency also commands the

Money

The new stablecoin regime

Since the onset of modern trade and industrialisation, two forms of money have come to dominate the economic landscape: central bank money, which takes the