News/Payments
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
Riksbank reports positive feedback on second e-krona report
Central bank argues electronic currency would protect access to state-guaranteed money
Bank of Mexico and Amazon to co-operate on mobile payments system
Central bank aims to tackle low banking levels through digital payments
EU to cut price of cross-border euro payments
Amended law will also give customers information on currency conversion charges
ECB launches eurozone real-time retail payments platform
ECB aims to prevent fragmentation of European real-time payments market
HKMA’s ‘e-wallet’ feature suspended weeks after launch - local media
“Autopay” feature of new payments system hit by fraud allegations; HKMA says security is robust
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
Iranian central bank looking for alternative to Swift, local media says
Russia and China might be willing to help circumevent sanctions, expert says
Fed aims for real-time interbank settlement of faster payments
Brainard points to “growing gap” in US transaction capabilities
Denmark completes RTGS renewal
New functionality will allow Danish banks access to Europe’s Target2-Securities in late 2018
PBoC warns businesses not to reject cash
Businesses are being given one month to rectify their practices
Riksbank considers joining eurozone’s real-time payments network
Stefan Ingves says central bank may have to investigate issuing a digital currency
Cash usage in Switzerland below eurozone average – SNB survey
SNB’s first payments study finds 70% of transactions processed in cash in 2017
Lack of demand reducing cash use in Sweden – analysts
Riksbank paper says technological change is rapidly changing payment patterns in the country
Danish central bank recommends security upgrade for payment systems
New cyber security measures, risk management rules and stress tests should be implemented
CPMI puts forward strategy to tackle wholesale payments fraud
The Federal Reserve and the ECB welcome the proposal
CPMI flags up need for better cross-border payment options
Current infrastructure offers slow and costly transactions that are hard to track, says Committee on Payments and Market Infrastructures
PBoC ramps up regulations for QR code payments
Transactions made by QR code capped and reserve requirements increased, as PBoC seeks to crack down on payment risks
Singapore broadens push into e-payments
Singapore expands payments regulation frameworks and launches a common QR code for e-payments
TCH launches real-time payment platform in US
Firm launches US’s first real-time payment system, cutting transaction times from days to seconds
Hong Kong seeks mobile wallet capabilities in China
Authorities in drive to ensure Hong Kong mobile phone e-payments work in China; faster payments roll-out due next year but no urgent rush to go cashless, says HKMA official
Latvian central bank unveils instant payments system
System is the first to be compatible with the Single Euro Payments Area project, says the bank
Fed issues guidelines for joint accounts with private banks
Initiative aims to create more efficient US payments system
Euroclear will add markets by T2S launch
Chief executive sees expansion before European Central Bank goes live with settlement service