FMI
GCC governors back regional CB plans
Central bank governors in the gulf have taken a significant step towards monetary union, backing the creation of a regional central bank.
Riksbank's Nyberg on the pros of card payments
Lars Nyberg, a deputy governor of the Riksbank, has urged Swedish consumers to pay for goods with cards rather than cash.
Payment systems need more competition: RBA
The Reserve Bank of Australia remains concerned about the competitiveness of the country's payments system, despite improvements, said Philip Lowe, the assistant governor responsible for the financial system at the central bank.
Central bankers want action on contagion threat
An influential group of central bankers has urged authorities and the payments industry to tackle the risks presented by the links between systems.
NY Fed analyses large-value payments trends
The evolution of central bank policies is one of the main forces behind changes in large-value payment systems, research published by the New York Federal Reserve finds.
Finland to showcase 100 kilo gold coin
The Bank of Finland's museum is to display the world's largest gold coin for one day only.
CLS adds peso and shekel to settlement fold
CLS bank announced that it will settle payment instructions in the Mexican peso and Israeli shekel this week, bringing the number of currencies processed by the bank to 17.
RBA suggests settlement system improvements
The Reserve Bank of Australia has unveiled a series of recommendations aimed at improving the settlement process of, and broader market functioning for, Australian equities.
De La Rue could sell cash systems division
De La Rue, the biggest private printer of banknotes, is considering the sale of some of its cash systems division.
Settlement system links present risks
Connections between two of Canada's main settlements systems present a threat to efficiency, research by the country's central bank finds.
Central banks key to South Asian payment systems
Central banks must spark the development of South Asian payment systems, said Ranee Jayamaha, the deputy governor of the Central Bank of Sri Lanka.
RBA appoints new assistant governor
The Reserve Bank of Australia has promoted Keith Hall to the position of assistant governor responsible for banking and payments.
Zimbabwe prints Z$500m note
The Reserve Bank of Zimbabwe said on Thursday it will circulate a note worth Z$500m ($2,44).
Don't stall on euro decision: ex-CNB deputy
Ludek Niedermayer, a former deputy governor at the Czech National Bank, has warned the government against pursuing a wait-and-see strategy on joining the eurozone, describing such behaviour as "a little bit cowardly".
Charge for payment services, says Norway's Gjedrem
Offering payment services for free is not in bank customers' best interests, Svein Gjedrem, the governor of the Bank of Norway, warned.
Slovakia to join eurozone in 2009
Slovakia is set to become the 16th member of the eurozone despite concerns at the European Central Bank that inflation in the country could rise steeply.
Zimbabwe prints Z$250m note
The Reserve Bank of Zimbabwe will circulate two notes worth Z$100m and Z$250m in an attempt to limit the impact of hyperinflation.
Stop storing coins, says Solomon Islands CB
The Central Bank of the Solomon Islands has called on citizens to swap their coins for notes rather than hoarding them - a practice which has led to a shortage.
UK counterfeit seizures fall for 3rd straight year
The number of counterfeit banknotes in circulation confiscated by the British authorities plummeted by almost a quarter last year. The total face value of counterfeit notes found also fell by a similar degree.
ECB's TARGET Annual Report 2007
In 2007, use of TARGET, a large-value payment system in the euro area, surged in terms of both volume and value of transactions business, the annual report on the system states.
Papua New Guinea issues new notes for anniversary
The Bank of Papua New Guinea has introduced two new polymer banknotes to commemorate 33 years of the Kina and Toea currencies.
RBA oultines changes for payment system
The Reserve Bank of Australia has announced a raft of recommendations for the country's payments systems industry aimed at enhancing competition.
Israel puts plastic notes into circulation
The Bank of Israel on Sunday introduced its first polymer banknote.
Serbia's Jelasic praises SEPA
The Single Euro Payments Area (SEPA), a eurozone-wide payments initiative, is an excellent example of how technology can be used to facilitate development of the financial sector, said Radovan Jelasic, the governor of the National Bank of Serbia.