FMI
Singapore seeks infrastructure investment boost
MAS and ministry of trade and industry to set up an infrastructure office
Singapore to step up consumer protection on e-payments
Banks must offer users better protection measures, but users could also face fines
Sama enables blockchain for cross-border payments
Pilot with Ripple will allow domestic banks to settle payments across the xCurrent network
Australia’s real-time payment system goes live to the public
System built by Swift will process payments in less than a minute and will utilise new PayID technology
Aruban central bank needs mandate to regulate payment system – report
New mandate would require creation of central bank payments department
Singapore and Malaysia to set up stock market link
The two markets have combined market capitalisation of more than $1.2 trillion
Potential ATM closures will be PSR’s first ‘major test’ – Morgan
Treasury select committee chair says Payment System Regulator should not hesitate to intervene should closures threaten financial stability
BoE suffers transaction-processing glitch
“Regular” IT update leads to failed wholesale transactions
HKMA launches consultation on open API framework
Open API enables personalised services for bank users but requires access to customer data
Bank Indonesia to nudge more people to open bank accounts
The country aims to boost the percentage of the population with bank accounts to 75% by 2019
National Payment Gateway launched in Indonesia
New national platform to consolidate fragmented infrastructure, reducing costs and improving efficiency
Malaysia’s Ibrahim warns of costs of not turning digital
Bank Negara governor outlines plans to push consumers towards e-payments
Fed finalises new market benchmarks
Three transaction-based alternatives to US dollar Libor will launch in 2018
Philippines set to launch repo market
Government securities repo programme will be launched on November 27
Bank of Israel invites real-time payments proposals
Central bank envisages “at least” one real-time payments infrastructure
DLT set to make central banks ‘obsolete’ as payment operators – report
Second phase of MAS’s Project Ubin deemed a success
BoE to run Chaps payment system
Bank of England moves to “direct delivery model” for payments
Payments overhaul under way in Aruba
Central bank to give up clearing responsibilities to oversee new payments infrastructure
Uruguay launches digital currency pilot
10,000 users will have access to network
BoE paper scrutinises 2016 sterling flash crash
Paper makes detailed study of “flash episode”, concluding later price drops were abnormal
DLT has ‘more potential for change’ outside US – Boston Fed VP
Jim Cuhna says distributed ledger tech can transform financial services not only in payments but also in securities settlement
CCPs say central bank access needed to avoid liquidity crisis
Uniform access to deposit accounts and overnight liquidity vital, say market participants
Fed’s Powell: banks still have important role in payments
Banks must be included in work on faster payments, says governor
Canada’s Project Jasper to explore clearing of securities in third phase
Central bank teams up with new partner for phase three of DLT project