The Business Times

Katie-Ann Wilson

KATIE-ANN WILSON IS MANAGING DIRECTOR OF THE OMFIF'S DIGITAL MONETARY INSTITUTE

FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Digital money and the art of the impossible

Major strides in progress have not yet involved DLT – that will change

The rise of new technologies has spurred efforts to improve the speed and security of e-payments, as well as to bring down costs and broaden access to financial services.

Dynamism in payments but cross-border developments lagging

New entrants and existing players working hard to reimagine how payments work

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