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ECB's Tumpel-Gugerell on card payments

In a speech on 'Card payments and the European financial integration' given on 21 September, Gertrude Tumpel-Gugerell of the ECB said beyond its role of facilitator, the ECB intends to strengthen its oversight policy in the area of retail payment systems…

Russia cb prepares for world-class infrastructure

At a strategic meeting on June 23, 2004 in St. Petersburg, Russia, Michail Senatorov, Deputy Chairman of the Russian Central Bank, and Lazaro Campos, Member of the SWIFT Executive Committee, signed a Memorandum of Understanding (MoU) in which the bank…

Reform of card payment systems in Australia

Following a decision by the Payments System Board, the Reserve Bank of Australia on Thursday 9 September designated the EFTPOS debit card payment system in Australia as a payment system under the Payment Systems (Regulation) Act 1998.

ECOWAS changes launch date for Eco

The governor of the Central Bank of Nigeria, Professor Charles Soludo, said on Wednesday 8 September that the launch date of ECO, the proposed West African common currency, would be extended beyond 1 July, 2005.

US bank note experts to visit Taiwan

The Central Bank of China (CBC) has invited experts from the United States to help domestic banks dealing in foreign currency exchange to detect forged U.S. bills, CBC officials said on Monday 6 September.

RBI launches new trading system

The Reserve Bank of India (RBI) is set to launch electronic anonymous screen-based trading in government securities on the Negotiated Dealing System (NDS).

HP and CMA to deliver payment system to Montenegro

HP and CMA Small Systems AB announced on Friday 6 August that they will provide the Central Bank of Montenegro with a new automated inter-banking payment system, supporting Montenegro's economic momentum-building efforts.

Sri Lanka's fin min denies signing banknotes

Sri Lanka's central bank has been forced to hold back huge quantities of new banknotes because Finance Minister Sarath Amunugama publicly denied signing them, an official said on Thursday 29 July.

SAMA awards ATM contract

CyberGuard Corporation, a technology leader in network security, announced Thursday that the Saudi Arabian Monetary Agency (SAMA) has selected CyberGuard's premium firewall/VPN appliances to provide the information security for a new ATM network.

India introduces mobile ATM

The State Bank of India on Saturday 11 July rolled out its first mobile ATM to improve accessibility to customers in remote areas and tourist locations in the country.

New Hong Kong banknotes

The Hong Kong Monetary Authority (HKMA) and the three note-issuing banks (Bank of China (Hong Kong) Limited, Standard Chartered Bank (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited) announced on 5 July the issue and unveiled…

Bank of Zambia implements Perago RTGS network

The Bank of Zambia has implemented an electronic funds transfer system supplied by Perago Financial System Enablers, according to FinExtra, to align the national banking industry with international standards for real-time gross settlement (RTGS).

Reform of card payment systems in Australia

The Reserve Bank of Australia is considering whether it would be in the public interest for it to designate the EFTPOS payment system and the ATM payment system in Australia. Doing so would be a precursor to the bank deciding whether to determine…

Conference on e-money to convene in Iran

The secretariat of the Supreme Council for Information Dissemination and the Export Development Bank of Iran (EDBI) will convene the first conference on e-money in Iran next month.

Africa's first polymer banknotes to stay

Africa's first and only polymer banknotes, issued by the Bank of Zambia, will remain in circulation despite their disappointing performance, the bank said Tuesday 11 May.

Russian rouble to get facelift

The Russian rouble is getting its first facelift in six years with the addition of four high-tech security features aimed at discouraging counterfeiters, Goznak, which prints the currency, said on Thursday 6 May.

Logica implements Chile RTGS system

Logica announced on Thursday the successful implementation of its Real-Time Gross Settlement (RTGS) System for the Banco Central de Chile (BCC), Chile's Central Bank.

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