FMI
Dubai to set up new Middle East payments system
Dubai enacts law to enable the establishment of real-time payments system for the Middle East and North Africa
ECB consults on payment scheme oversight
Eurosystem publishes draft standards for assessing direct debit and credit transfer schemes
New ECB payments head to chair eurosystem committee
Daniela Russo to head Payment and Settlement Systems Committee as well as ECB department
Nigeria to support electronic payments: Sanusi
Central Bank of Nigeria’s Lamido Sanusi on reforming the national payment system
Basel-based CPSS broadens membership
Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)
Payments end-users bemoan lack of Sepa dialogue
Payment Systems End User Committee (EUC) labels consultation on the Single Euro Payments Area insufficient
Yam on payment links beyond Hong Kong
Hong Kong’s leading central banker on extending the reach of the territory’s financial infrastructure
Eurosystem signs T2S MoU with settlement providers
Central banks and central securities depositories commit to work on T2S
Forged euro notes surge by 17%
Counterfeit banknotes seized in first half of this year have face value of €19.3m
Buba’s Fabritius questions Berlin’s commitment to Sepa
Bundesbank’s Hans Fabritius queries Berlin’s commitment to Single Euro Payments Area
Foreign demand for euro banknotes on the rise
European Central Bank shows that 2008 saw a strong increase in the demand for euro-cash outside the euro area
Eurozone banks pay heed to ECB’s debit card calls
Euro-area banks proposing system to rival MasterCard and Visa
Eurosystem compiles cards ‘Doomsday’ book
Oversight report on major card schemes planned for release next year
ECB's Tumpel-Gugerell confident of adding sterling to T2S
Tumpel-Gugerell believes Bank of England can be convinced to participate in pan-European securities-settlement platform
Loyalty programmes influence payments choices
Reserve Bank of Australia finds that price incentives, and loyalty programs in particular, are influential when it comes to consumer decisions about payment instruments
Liquidity lessons from the crisis
Daniel Heller, the head of the Basel-based CPSS, discusses propsoed reforms for payments, clearing and settlements
Smee on speedier payments
The chief executive of APACS discusses the UK’s first National Payments Plan and the impact of the new Faster Payments service
HKMA signs agreement on renminbi settlement
The HKMA and People’s Bank of China laid the foundations for a renminbi settlement scheme to be based in the territory
Why money laundering is a real challenge
Combating money laundering is a real challenge in many developing countries because of the scarcity of capacity and resources, said Tom Alweendo, the governor of Bank of Namibia.
UK doubtful on joining ECB's Target2-Securities
Old Lady raises issues on securities transfer
Price affects public's payments instrument choice
The prices of payment services influenced the public's choice of payments instrument, finds the latest Annual Report on Payment Systems from the Norges Bank.
Efficient payment systems boost intermediation
Efficient payment systems increase financial intermediation and the availability of credit, new research from the Bank of England posits.