FMI
Atlanta Fed names new second in command
Retirement of Atlanta Federal Reserve first vice-president Patrick Barron sparks reshuffle in retail payments office
Canada closes part of currency unit
Bank of Canada agrees to sell assets from optical security material division to banknote security supplier Fortress Optical Features
De La Rue shares soar on Oberthur takeover bid
Banknote printer De La Rue confirms preliminary takeover bid has been made; French firm Oberthur Technologies behind the move
Sarb refutes faulty rand note claims
South African Reserve Bank says it has full confidence in currency after media reports of flawed batches of R100 notes; issue surfaces ahead of first general meeting under new central bank law
Merkel enraged at vote to scrap US-EU Swift data deal: WikiLeak
Leaked wire from US embassy in Berlin says Germany’s Chancellor Angela Merkel was furious at German MEPs' decision to reject Swift data sharing deal with United States
Nigeria to launch new mobile payments system
Central Bank of Nigeria grants licence to create system that will provide banking services to all with a mobile phone
Securency chairman set for London move
RBA assistant governor Bob Rankin to become chief representative in Europe; Rankin to remain Securency chairman until polymer manufacturer sold
Central Bank of Iceland – Financial Stability Report 2010/2
Central Bank of Iceland’s Financial Stability Report 2010/2 discusses new payment system infrastructure in Iceland
RBI’s Gopinath promotes mobile banking in India
Reserve Bank of India deputy governor Shyamala Gopinath says mobile banking key to achieving financial equality in India
Qatar launches m-payment scheme
Qatar Central Bank licenses two telecoms providers to offer mobile payment services; move makes it first in region to operate scheme
Estonia nabs firms over euro leak
Bank of Estonia fines two companies for mishandling euro coins ahead of the currency’s launch in 2011; strong link to coin sale in neighbouring Latvia
Philippine banks migrate to new remittance payments system
Central Bank of the Philippines says all twelve participating banks are using new electronic payments system for remittances
ECB’s Tumpel-Gugerell on Sepa end dates
European Central Bank member executive board Gertrude Tumpel-Gugerell says meeting Single Euro Payments Area end dates is a requirement for migration to new system
De La Rue set to name new chief executive
Former Chloride president Tim Cobbold is “preferred candidate”; news comes after company says paper scandal has had “significant” impact on revenues
RBA plans to sell scandal-hit Securency
Reserve Bank of Australia plans joint sale of polymer subsidiary following alleged bribery scandal
ECB could offer governance concession on T2S
European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join
Sarb’s Mminele on payment system reform
South African Reserve Bank deputy governor Daniel Mminele says international payment system should receive special attention
ECB approves Target2-Securities baseline price
European Central Bank’s Governing Council agrees to fix the transaction cost for Target2-Securities at 15 cents per transaction but attaches conditions
SNB: immigrants reduce seigniorage
Swiss National Bank study shows increase in immigration reduces seigniorage for banknotes
No single structure for clearing industry: CPSS
Bank for International Settlements report on clearing industry says differences in market structures reflect diverse sets of risks to operations
Palestine launches new RTGS system
Palestine Monetary Authority Real-Time Gross Settlement system allows for developments in online and mobile banking
Philippines’ Tentangco on launch of new ATM project
Central Bank of the Philippines governor Amando Tetangco says new ATM project will create more compatibility
Interview: Linah Mohohlo
The governor of the Bank of Botswana talks about how the country avoided the resource curse and efforts to develop its financial markets.
Bank on payment splitting
Bank of England study shows quantity of liquidity necessary to settle payment depends on threshold for payment splitting