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Contactless payments replace both chip and pin along with cash
(25.09.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The near field communication (nfc-) technology has been available for quite some time, and we have predicted its triumph already for years. Introducing new technology in two sided markets is tricky. Two sided markets mean ...
The role of the central bank in a digitalising world
(11.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Digitalisation holds great promise for new opportunities, but it will also usher in new challenges and risks. Businesses will enjoy lower operating costs and consumers a wider breadth of choice, while cross-sector and ...
‘We no longer accept cheques’ and other observations from continental Europe
(10.05.2019)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
I was working last year at the European Central Bank in Frankfurt. My work involved helping to develop a unified European payments market, and I was myself able to benefit from the fruits of unified payments. For instance, ...