Digital payments continue to evolve around digital currencies, stable coins, and cryptocurrencies, and financial institutions will need to determine how they will participate in digital financial services. With FIs moving beyond asset management and wealth programs, digital currencies are making their way into the mainstream lexicon, with multiple fintechs coming forward to accelerate adoption. This report will give financial institutions a deeper understanding of what consumers will require of their financial institutions to support multiple payment options.
Key questions discussed in this report:
- What market drivers do financial institutions need to be aware of when it comes to supporting digital currencies?
- Are there risks to letting fintechs manage digital currencies and not bringing the currencies to traditional financial institutions?
- How do banks prepare for central bank digital currencies?