Payments
Danish krone becomes fully integrated into Target
National Bank of Denmark becomes first non-eurozone central bank to join Tips and T2 systems
ECB ‘assessing’ bilateral link to India’s UPI – Cipollone
Board member says US promotion of stablecoins presents real risks for EM central banks
BoT says payment systems still in operation following earthquake
Powerful quake hits Myanmar and Thailand as Bangkok’s stock exchange suspends trading
US banks create ‘new payment rail’ with tokenised deposits
Custodia and Vantage launch what they say is first tokenisation of a dollar demand deposit
Can central banks cut remittance fees to sustainable levels?
More action is needed to reach the UN’s 3% global average cost target. But central banks face limits on what they can do
Eurozone outlines payment verification system
ECB says new service will build on work by Portuguese and Latvian central banks
Moldova joins Single European Payments Area
Central bank hails “historic decision” that it says will save citizens €12 million annually
Fast payment systems enhance financial inclusion – BIS paper
Researchers examine systems’ spread in Latin America and Caribbean
Data from Covid liquidity programmes could improve markets – BoC study
Anonymising and aggregating information would assist with price discovery, argues research
Fed researcher unveils card fraud simulation model
Author says paucity of data means simulation is increasingly important in study of payment fraud
Digital euro could aid EU competitiveness – Cipollone
ECB board member argues for CBDC as bank says national card payment schemes are declining
Iraq to develop CBDC as part of wider digitisation drive
Central bank governor says e-payment methods will gradually supplant paper money
Preference for cash ‘can inhibit digital payment innovations’
Panellists at Central Banking Spring Meetings discuss hurdles and opportunities in sector
Fed researchers unveil more secure payment system model
Byzantine fault tolerant system can process 110,000 transactions per second
Norges Bank considers joining T2
Norwegian central bank says it anticipates deal could be reached this year
Brazil to enable Pix for contactless instant payments
BCB-managed platform to have point-of-sale function by late February
Rwanda and Ghana to connect payment systems
Rwandan central bank governor reveals plans to increase financial inclusion with CBDC, microfinance
India reports hundredfold growth in digital payments since 2012
Central bank’s deputy governor says cross-border payments remain expensive and slow, however
Bank of Canada study calls for standard accessibility practices
Academics say current banking infrastructure is inadequate for people with disabilities
Vietnam and Laos launch local currency settlement framework
Central banks also set up cross-border QR payments link
West Balkan central banks to create instant payments system
Albania, Bosnia and Herzegovina, Kosovo, and Montenegro to launch Tips clone in 18 months