Central Banking

Payment system risk the priority

The need to mitigate the risk involved in using outmoded payments infrastructure has to be given priority, said Ranee Jayamaha, a deputy governor at the Central Bank of Sri Lanka.

Jayamaha was speaking at the launch of the South Asian Association for Regional Cooperation (SAARC) Payments Initiative in March.

The SAARC Payments Initiative, where the Central Bank of Sri Lanka will take the lead, will assist countries to prepare a payments strategy, which is compatible with international standards

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