Payments

Technology is driving dramatic change in the U.S. payments system, which is a vital infrastructure that touches everyone.1 The pandemic accelerated the migration to contactless transactions and highlighted the importance of access to safe, timely, and low-cost payments for all

Let me start by thanking you for inviting me to report on the outcome of the ECB’s public consultation on a digital euro. We are publishing our analysis of the responses we received on our website today

Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at "Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments"

The future of money. Do we need other forms of money beside the ones we already have? And do we need other forms of central bank money?

In my remarks today, I’ll focus on how these developments have affected the world of payments. I’m referring to changes in the way Canadian consumers and businesses pay for goods, services and financial assets