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ECB publishes "Blue Book"

The 2007 edition of the Blue Book, which describes the main payment and securities settlement systems in the EU, comes in two volumes: one on countries in the euro area, the other for non-euro area countries.

Nigeria announces plans for new naira

Charles Soludo, the governor of the Central Bank of Nigeria, said Tuesday that the central bank is to drop two zeros from the Naira and introduce a new set of notes and coins.

China's first payment system development report

The People's Bank of China issued the first report on developments in the country's payment systems on Tuesday. The report reveals the progress, relevant data and the future policy orientation of the payment systems in the country.

Philippines: e-rediscouting system

In a speech made on the launch of an electronic rediscounting system, Amando Tetangco Jr, governor of the central bank of the Philippines, said that the system would expand access to credit of countryside areas in the Mindanao region.

Turkey's payment systems

The Bank for International Settlements (BIS) published a report on payments systems in Turkey on 3 July.

Shift to e-payments leads to Fed job cuts

The US Federal Reserve reductions in cheque processing is likely to result in more than 210 jobs being cut at the Minneapolis Fed, as consumers shift from paper checks to electronic payments.

Target2 progress report

With all the hype surrounding the ECB's T2S, it is easy to forget that the launch of the Single Shared Platform (SSP) for the Target2 payments system is less than five months away.

Chicago Fed paper on mobile payments

Will mobile payments go the way of the stalled smart-card revolution of the 1990s? This Chicago Fed letter looks at these new payments fit into the larger payment system.

Australia's payments system review

The Reserve Bank of Australia formally initiated a consultation process for the review of its payments system on 29 May, with the release of a paper titled 'Reform of Australia's Payments System: Issues for the 2007/08 Review.'

A new RTGS system for Iraq

The Iraqi central bank has reportedly started with the implementation of a new electronic real-time gross settlement payment system.

Papers for Kansas Fed payments event

Non-banks are becoming increasingly prominent in payments systems around the world. The three-day conference look at the implications of this heightened presence for innovation, competition and risk.

Swaziland to introduce RTGS system

The Central Bank of Swaziland announced Wednesday 16 May that it will soon be introducing a Real Time Gross Settlement (RTGS) system at the beginning of June 2007.

ECB's Tumpel-Gugerell on the new SEPA landscape

In the speech 'The new SEPA landscape from vision to reality (and back)' given on 15 May Gertrude Tumpel-Gugerell of the ECB said the future looks bright - and the SEPA landscape has all the potential to become a good place to be.

Kansas Fed papers: Nonbanks in payments system

The Federal Reserve Bank of Kansas City has published preliminary papers from the "Nonbanks in the Payments System: Innovation, Competition, and Risk," conference held May 2-4 in Santa Fe, N.M.

ECB's TARGET Annual Report 2006

According to the European Central Bank's TARGET Annual Report 2006, TARGET continued to be the backbone of the euro money market in 2006.

Fed's Kroszner on the future of payments

In the speech 'The future of payments: Challenges and opportunities' given on 10 May Randall Kroszner of the Federal Reserve said the rapid switch by consumers and businesses to electronic banking poses a new tradeoff between security and convenience.

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