Our latest insights

A New Era for Money  

About the Green Paper

This Green Paper examines the potential for Central Bank Digital Currencies (CBDCs) and proposes a journey towards their widespread adoption. It is for stakeholders across the financial ecosystem including banks, PSPs, regulators, government and central banks in the UK and around the world.

The paper builds the case for retail CBDCs and considers the obstacles currently preventing their adoption. It concludes by advocating for extensive collaboration to bridge the gap between today’s payments landscape and a future landscape where a retail CBDC is benefiting everyone who pays and gets paid.

“The widespread adoption of CBDCs could be as important to the 21st century as the end of the gold standard was to the 20th. Because of the UK’s long-standing position at the forefront of global financial services, we have an opportunity to take a leading role in shaping the future of money.”

Tony Craddock, Director General of The Payments Association

This ground-breaking initiative is led by The Payments Association, paywith.glass and other private industry stakeholders, supported by Boston Consulting Group (BCG) as its consulting partner.

To read the report

Download it by completing the form, noting our community-approved privacy policy. If you would prefer to read the shorter executive summary document please visit: http://thepaymentsassociation.org/consultations/a-new-era-for-money-executive-summary/

Participate in the debate

The authors of the Green Paper, including Paul Sisnett, CEO of paywith.glass, and Kunal Jhanji, Partner at Boston Consulting Group, will be featuring in The Payments Association’s Insights webinar “Mastering the New Era of Digital Money” using CBDCs” on 17th February 2022. To learn from them and join the debate, register at no cost here: https://epa.glueup.com/event/47791/register/

 

Join the movement

The change envisioned in this paper cannot be achieved by any one company or organisation. We need to come together, support the case for change and move from thought leadership to thoughtful action while bringing everyone along.

To learn how you can get involved in a community-led movement that has the potential to profoundly influence the future of money, please indicate by ticking the relevant box or call +44 20 7378 9890.

Simply fill in the form below to download:

The Payments Association exist to help drive the industry forward. As such The Payments Association may contact you about any future content or events that we think you may have a legitimate interest in. We will store your information securely and will never share your details with third parties other than the relevant resource(s) sponsor(s)/curator(s). You may opt out at any time. By clicking download you are agreeing to the terms of our privacy policy

Login or Register

Don't have an account?

Are you part of the Payments Association community?

Not yet set up your login for the Payments Association Community Platform? Set it up now

Set up a free account for instant access to our content

You don’t need to be an Payments Association member to view the majority of our content. Simply enter your details below once to set up your login details and get access to our library of whitepapers, podcasts, consultation papers, webinars and more.

First Name*
Last Name*
Company Name*
Job Title*
Username*
Business Email Address*
Password*
Confirm Password*
Agreement*
The Payments Association exist to help drive the industry forward. As such the Payments Association may contact you about any future content or events that we think you may have a legitimate interest in. We will store your information securely and will never share your details with third parties other than the relevant resource(s) sponsor(s)/curator(s). You may opt out at any time. By clicking register you are agreeing to the terms of our Privacy Policy.

← back

Download A New Era for Money