Credit cards
Mir card system to operate across Cuba
Russian payments network continues gradual progress in Latin America
Central Bank of Ireland suffers credit data breach
Over 20,000 borrowers’ credit scores impacted by “archiving error”
Brazil governor promises to end high-interest rotating credit
Campos Neto tells legislators central bank achieved “soft landing” on monetary policy
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
Russia’s Mir cards now working in Venezuela
Russian payment cards advance in Latin America, but get sanctioned by Canada
Nigerian central bank caps contactless payments
Move limits consumers’ daily contactless payments to $66
Chile’s cash use has rebounded since pandemic, survey finds
Cash remains the primary payment method for small purchases, though card use has risen
Financial security of US households ‘fell sharply’ in 2022
Inflation comes first in list of financial worries, Fed survey finds
US household debt passes $17 trillion
Mortgage originations fall to lowest level since 2014
Venezuela may join Russian card network
Mir system suffered major setbacks last year after US warning
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
Eurozone citizens still use cash in majority of transactions
Cash use declines since 2019, but still makes up almost 60% of transactions
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Is there a case for a retail CBDC in Japan?
A BoJ-managed, account-ledger ‘digital yen’ tied to the new Kotora payments may offer some potential
Gontareva on Ukraine’s funding, NBU policy and reconstruction
Ex-NBU governor talks about fund shortfalls, finstab challenges, the CBR and post-conflict rebuilding
Campos Neto predicts end of credit cards
Brazil governor says Pix will be model for region’s payment systems
Chileans’ use of electronic payments is on the rise
Central bank report finds rapid increases in card and online payments.
Cash, not trash: the second lives of substrate
Central banks and their banknote providers are taking a range of approaches to recycling cash
Cash remains most common means of payment in Germany
But share of cash payments dropped from 74% in 2017 to 58% in 2021, Bundesbank finds
Digital money and central banks
Monetary policy, regulatory and financial stability focus needed to stay relevant
Visa, Mastercard and Amex suspend Russia operations
Bank of Russia says domestic payments will still be possible across its own systems