What Fintechs Should Know About Central Bank Digital Currencies

With 18 of the G20 countries far along in developing their own CBDCs, commercial banks and non-bank fintechs can no longer ignore the disruption that is on the horizon. The adoption of CBDCs will bring both opportunities and competition to established and digital-native payment players. OpenWay’s report will shed light on the role fintechs might play in this emerging financial ecosystem, and answer some key questions:

• What are CBDCs, and why are governments are rushing to roll them out?
• Why are CBDCs, cryptocurrency, and blockchain often mentioned together?
• How are fintechs and commercial banks already involved in CBDCs?
• What will multi-CBDC platforms mean for cross-border transactions?