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Digesting the Digits – Bank of England announces 5% interest rates

Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories.  Each week, Payment Expert digests these digits...

New 5% Bank of England interest rates “exacerbate” an already “murky...

In the middle of a rampant cost of living crisis, the Bank of England (BoE) has increased its interest rates by a half point...

Quant CEO believes Project Rosalind will encourage a ‘shift in CBDCs’

Blockchain finance firm Quant has announced its role as part of the Bank of England’s ‘Project Rosalind’ team in the exploration of how application...

Revolut UK bank licence expected to be blocked by Bank of...

UK fintech Revolut has been dealt a major blow in its plans to establish itself as a traditional bank having withdrawn its licence application...

Bank of England assembles new team to accelerate CBDC plans

The Bank of England is looking to further its plans to release a potential Central Bank Digital Currency (CBDC) by forming a team to...

PRA censors Wyelands Bank over ‘wide range of breaches’

The Bank of England has announced that Wyelands Bank has been censured by the Prudential Regulation Authority (PRA) over a four-year period of regulatory...

Digesting the Digits – SEC charges a host of celebrities and...

Number crunching is a key component of the payment industry, with digits being scattered across the sector’s key stories.  Each week, Payment Expert digests these...

Six central banks step in to grow purchasing power of US...

An alliance between six central banks is being formed in an effort to increase the flow of the US dollar through the global financial...

Digital Pound can “enhance UK financial infrastructures”

The UK is exploring its next step in becoming a global hub for digital payment innovation with the official launch of a consultation into...

Report: 2030 likely to see the introduction of ‘Britcoin’ as digital...

According to a report by the Telegraph, a statement is expected by both the Bank of England and HM Treasury next week, in which...

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