Future of Finance: Review on the outlook for the UK financial system

whitePaper | January 15, 2020

Investment into Fintechs has grown exponentially and the expectation is that this boom will continue in 2020, if at a slightly slower pace. Venture capital (VC) poured about $40 billion into Fintechs in 2018 – an increase of 120% on 2017, an up from just $1.8 billion in 2011.1 Almost a third of survey respondents believe that investment in 2020 will be at least 50% higher than in 2019, and just under half predict it will be somewhat higher.

whitePaper | September 26, 2022

The RBA is Australia’s central bank. Its duty is to contribute to the stability of the currency, full employment and the prosperity and welfare of the Australian people. It does this by conducting monetary policy to meet an agreed inflation target, works to maintain a stable financial system, acts as banker to the Australian Government, regulates the payments system and issues the nation’s currency. Over the past few years, the RBA has been exploring whether there is a role for a CBDC in Australia in the context of the RBA’s responsibilities for issuing the currency and overseeing the development of the payments system. The RBA is an industry partner of the DFCRC, and is using its involvement to support its research on CBDC.

whitePaper | April 12, 2023

This crypto winter is another pivotal period in the history of blockchain. As with the last winter (2018-2020), the fear that crypto has peaked or that it was a quixotic trend is in the air. But a deeper conviction remains by many that blockchain is bound to change our financial system and even society as a whole.

whitePaper | May 17, 2023

Cryptocurrencies are a type of virtual currency that are secured with cryptography and exist only in digital form on our computers and smart devices, such as mobile phones, tablets, etc. They allow users to trade easily and quickly, as the execution of a transaction, anywhere in the world, usually takes only a few seconds or minutes. Cryptocurrencies are becoming more popular and interesting for new users each day. Additionally, the blockchain technology itself is gaining popularity, which, besides the creation of cryptocurrencies, offers enormous opportunities for the progress and upgrade of many industries. Therefore, the number of users and the size of the market itself is growing steeply each year. Despite the market growth and the increase in the number of users, centralized exchanges still face challenges, one of the biggest of which is definitely that users have to blindly trust them with their funds.

whitePaper | February 28, 2020

Payments has seen much change and innovation in the last years and will continue to evolve at the same pace. Just two examples are the introduction of Instant Payments in Europe and the launch of Open Banking/PSD2. On the infrastructure side, SWIFT has introduced gpi, setting the new standard for cross-border payments. The other major event was the introduction of Request to Pay.

whitePaper | May 10, 2023

Fintech” is a word that’s barely a generation old. But in that nanosecond of historical time, this amalgam of “finance” and “technology” or, more specifically, the array of products and services that fintech companies have brought to life—has had an impact on the daily lives of billions of people.