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Three news stories about pre-loaded

Australian university tests central bank digital currency for cash disbursements in emergency situations

By Tom Phillips • • Updated • nfcw.com
CBDC pilot participants, including Southern Cross students and staff members

The Australia and New Zealand Bank (ANZ) has completed an eight-week pilot programme with Southern Cross University in New South Wales that has shown how organisations such as universities could provide immediate financial support using a central bank digital currency (CBDC) in emergency situations when ATMs and other payments technologies are unusable... More

Toronto gets open loop contactless fare payments

By Tom Phillips • • Updated • nfcw.com
Person using smartphone on a validator on a Toronto bus to make open loop contactless fare payment

Toronto Transit Commission (TTC) in Canada has added support for open loop contactless fare payments, enabling passengers travelling on streetcars, buses and Wheel-Trans para-transit vehicles in the city to pay fares with a tap of their physical or digital credit or debit card... More

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