Payments
Two-thirds of RTGS systems now aligned with ISO 20022
Over 80% of central banks aligned with CPMI harmonised standards
RTGS systems process nearly 200 million payments on average
Transaction values average $11.6 trillion among respondents
Number of RTGS fee-regulating central banks rises
More than two-fifths of retail payments ecosystem were diversified in 2025
Eurosystem to move T2 to round-the-clock operating hours
Payment systems to be available at all times as instant payments gain popularity
Non-banks lack central bank oversight in some jurisdictions
One in five smaller central banks lack oversight on all payment systems
Canada joins central banks’ multi-currency blockchain project
Work advances on Project Agorá but ledger governance questions unanswered
Some payment departments struggle with staffing capacity
Payment teams from Africa and the Americas report highest staff shortage
Payments units have median staffing of 30 FTE personnel
Central banks say they are boosting staff numbers to keep pace with evolving technology
SBP wants Pakistan’s cattle markets to go cashless
Central bank sees Eid al-Adha festival as opportunity to boost financial inclusion
UK needs closer EU ties in multipolar world – BoE’s Bailey
Governor urges greater support for multilateral institutions to solve growing global imbalances
Parliamentary committee hails success of BoE’s RTGS renewal
Programme holds lessons for wider government digital transformation, committee says
Instant payments gaining volumes from RTGS – BoE study
Move may be driven by demand for rapidly available funds and lower payment fees, say authors
More progress needed on cross-border payments – Bailey
BoE governor says G20’s targets for 2027 are unlikely to be met
DNB to focus on payments system’s resilience and autonomy
Strategy aims to ‘broaden the range of options in the payments landscape’
Stablecoins pose risks to singleness of money – BoE study
Paper explores how monetary cohesion might be preserved amid digital innovation
Philippines may not reach digital payments goal, says governor
Rate cuts will have limited impact on growth, despite BSP having ample policy space, says Remolona
Waller: ‘Skinny’ master accounts can shield Fed from legal risk
Governor also argues that stablecoins are forcing banks to innovate with payments
Iraq’s KRG launches payment system for government bills
Central bank-approved platform forms part of digitisation efforts in autonomous Kurdistan Region
Brazil’s Pix gaining prominence in B2B transactions – report
Small businesses increasingly using platform for procurement, study from fintech company finds
Nexus picks operators to build and run ‘network of networks’
CEO expects global scalability following launch of multi-country fast payments linkage
Tech issue caused RBA systems outage, says Bullock
Australian governor apologises and says payments failures were ‘not acceptable’