How can central bank digital currencies play a vital role in remaking the financial system we know today into one that is more accessible and inclusive in the future? Here are 5 facts you should be aware of by ProgressSoft’s Business Consultant.
ProgressSoft, the Bank for International Settlement’s Innovation Hub, Federal Reserve Bank of Boston and Kapronasia discuss how central banks should issue Central Bank Digital Currency (CBDC) in another exciting edition of the Central Bank Payments Conference.
Following ProgressSoft’s implementation of the world’s first countrywide electronic checks, we had identified that the market indeed demands e-checks, but there’s a twist: so does the regulator. Discover the lessons learned by ProgressSoft’s Chief Solution Architect, Mahmoud Zamel.
Central Bank Digital Currency (CBDC) is anticipated to be the most important financial innovation since the invention of banknotes, but what are the critical steps central banks must take when deciding to explore a CBDC? Hear it from ProgressSoft’s Blockchain System Architect, MK Qaimari.
ProgressSoft’s Chief Operations Officer, Rami Tannous, reflects on the need for central banks to facilitate the enhanced operational resilience of financial systems on a nationwide scale. Read the full article to discover what makes a payments ecosystem agile, or fragile.
Why do mobile payment infrastructures fall behind the rapidly advancing mobile payment technologies, and what can be done by central banks to address it? Discover ProgressSoft’s world-first solution on the topic.
Discover the adverse effects of closed-loop mobile payments on developing economies and several market-led attempts to enhance financial inclusion in ProgressSoft’s latest published paper in the Journal of Payments Strategy & Systems.
An insightful presentation by ProgressSoft experts at CBPC 2020 revealed how electronic know your customer and central bank digital currency solutions are together paving the way for a new era of central banking that is near – and here to stay.
How can financial institutions not only adapt to the new normal in the financial industry – but thrive and strengthen resilience more than ever before? ProgressSoft panelists unveil all the answers in an enticing conversation at Sibos 2020, and it is not to be missed.
Millennials are reshaping the behavior of the financial sector, and how regulatory bodies choose to react is what will ultimately determine whether meeting their disruptive demands will be realized through a strategic evolution – or millennial revolution.
A candid conversation with ProgressSoft’s Project Manager reveals the story behind the solution boosting the integrity of national financial ecosystems, how it works, and its impact on the wider industry.