by Summary:
The Bank of England has announced plans to open its central-bank-money settlement system (RTGS) to non-bank payment service providers. This, it hopes, will promote competition, innovation, and financial stability by creating more diverse payment arrangements.
Topics:
Dirk Niepelt considers the following as important: Bank of England, Notes, Payment system, Real-Time Gross Settlement System, Reserves
This could be interesting, too:
The Bank of England has announced plans to open its central-bank-money settlement system (RTGS) to non-bank payment service providers. This, it hopes, will promote competition, innovation, and financial stability by creating more diverse payment arrangements.
Topics:
Dirk Niepelt considers the following as important: Bank of England, Notes, Payment system, Real-Time Gross Settlement System, Reserves
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The Bank of England has announced plans to open its central-bank-money settlement system (RTGS) to non-bank payment service providers. This, it hopes, will promote competition, innovation, and financial stability by creating more diverse payment arrangements.