Thomas Zschach News
02.06 / 16:37
UPS
Digital
Platform
Swift and CapGemini work on CBDC gateway to existing payment networks
This time, in collaboration with Capgemini, the trials will assess how Swift can interlink, at a network level, CBDC platforms regardless of technology, with existing payments systems.“Facilitating interoperability and interlinking between different CBDCs being developed around the world will be critical if we are to fully realise their potential,” says Thomas Zschach, chief innovation officer at Swift. “Today, the global CBDC ecosystem risks becoming fragmented with numerous central banks developing their own digital currencies based on different technologies, standards and protocols.”If left unaddressed, this fragmentation could lead to ‘digital islands’ springing up across the globe, believes Nick Kerigan, head of innovation at Swift.
25.05 / 02:03
UPS
Digital
Platform
Swift and CapGemini work on CBDC gateway to existing payment networks
This time, in collaboration with Capgemini, the trials will assess how Swift can interlink, at a network level, CBDC platforms regardless of technology, with existing payments systems.“Facilitating interoperability and interlinking between different CBDCs being developed around the world will be critical if we are to fully realise their potential,” says Thomas Zschach, chief innovation officer at Swift. “Today, the global CBDC ecosystem risks becoming fragmented with numerous central banks developing their own digital currencies based on different technologies, standards and protocols.”If left unaddressed, this fragmentation could lead to ‘digital islands’ springing up across the globe, believes Nick Kerigan, head of innovation at Swift.
23.05 / 17:39
Blockchain
CBDC
Adoption
Payments
SWIFT, Capgemini Team Up On Developing Global CBDC Interlinks
Global payments network Society for Worldwide Interbank Financial Telecommunication (SWIFT) is partnering with French consultancy Capgemini to conduct new experiments and test how domestic central bank digital currencies (CBDCs) can be interlinked, taking the next step toward cross-border payments utilizing such currencies.
19.05 / 23:37
Blockchain
CBDC
Adoption
swift
network
International
SWIFT, Capgemini team up to test using the international network for CBDC transfers
The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the Belgian financial messaging network used by banks in international money transfers, announced Thursday that it is teaming up with French IT company Capgemini to conduct experiments with cross-border central bank digital currency (CBDC) payments. This is SWIFT’s second research project on CBDC.
10.01 / 13:13
UPS
Digital
Cooper
expansion
network
Swift explores expansion of network into the digital asset market
Banks and securities firms are vying to tap into this nascent market by developing digital asset servicing capabilities, such as private key safekeeping and support for the full lifecycle of digital securities. For its part, Swift is exploring how it can improve interoperability between participants and systems during the transactional lifecycle of tokenised assets.
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