Central Banking

World Bank's Cirasino says focus is on retail payments

What were the main messages for policymakers from your recent survey1 of payment systems?

There are three. First, through the efforts of central bankers and others, we can say that large-value payments are much more secure than they used to be. Over the last two decades we have seen real-time gross settlement (rtgs) systems launched that are, at least to a certain extent, compliant with the Core Principles. So the first message is that there has been an important reduction in systemic risk and

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: