How much do you know about CBDCs and how it’ll affect you? This digital form of money which is available to the general public and a liability of the central bank gives you broad access to digital money that is free from credit risk and liquidity risk.

Howie Lim gets insights from Janet Young, managing director and head, group channels and digitalisation, strategic communications and brand at UOB.

Synopsis: The Business Times Branded Podcasts; finely curated, intelligent, thought provoking content for decision-makers. Inspired by the newsroom of your trusted partner.

Follow on audio apps Apple Podcasts, Spotify and Google Podcasts, or Google Home smart speaker devices. Produced by The Business Times, SPH Media.

This episode of Future of Finance podcast is presented by UOB.

Highlights:

01:14 MAS’ Project Orchid

02:35 UOB’s involvement and purpose-bound money

04:59 Local banks and Orchid Pilots

07:14 The evolution of tech stacks

09:35 Whole CBDC; future of money

10:50 What it all means for consumers

More about:

UOB

https://www.uobgroup.com/uobgroup/index.page

UOB Innovations

https://www.uobgroup.com/techecosystem/sff/index.html#innovations

UOB: Corporate & Institutional Banking

https://www.uob.com.sg/corporate/index.page

Written, hosted and edited by Howie Lim (howielim@sph.com.sg)

With Janet Young, managing director and head, group channels and digitalisation, strategic communications and brand at UOB.

Engineered by: Joann Chai Pei Chieh

Executive producer: Claressa Monteiro

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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