Breakfast Business with Joe Lynam
Breakfast Business with Joe Lynam
Newstalk
Companies hope to be able to bank directly with the central banks
8 minutes Posted May 2, 2023 at 5:45 am.
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How many times have you cursed the bank that you’re dealing with but also resigned yourself from the fact that you have no other choice than to deal with commercial banks? Well, change is potentially on its way.
Many of the world’s biggest central banks are thinking about creating a way of bypassing commercial banks and enabling companies to do their banking directly with the central banks.
Haydn Jones is a managing director in the Data Insights and Forensics at Kroll