European Parliament paper lays out risks, challenges and recommendations for digital euro project

The European Central Bank (ECB) should continue to develop the digital euro and start its proposed testing phase in October this year, but should not go ahead with launching the proposed central bank digital currency (CBDC) “unless new elements emerge strongly supporting such a decision”, according to an analysis paper requested by the European Parliament’s Committee on Economic and Monetary Affairs (ECON)... More






Colombian banks pilot national digital IDs for transaction authentication

Residents of Colombia with a La Cédula Digital Colombiana digital national identity card can now use their facial biometric data stored on the National Registry of Civil Status to authenticate their identity when opening a bank account, requesting a loan or carrying out other transactions on mobile banking apps, at bank branches and at ATMs... More