Raja Gopalakrishnan | EVP - Global Real-Time Payments, FIS
June 22, 2020
Over the last year, the notion of central bank digital currencies (CBDC) and the role they could play in the financial services ecosystem has been widely discussed around the world. In fact, in a recent survey conducted by the Bank for International Settlements, 80 percent of the central bank respondents surveyed said they are currently working on CBDCs. While we at FIS believe that some key questions about CBDC must still be answered before it becomes reality, we do recommend that global financial institutions have CBDC on their radar. Here are just a few of the reasons why.
To read the full article I recently published about CBDC at Finextra, click here.