Fintech
Bank of Israel calls on banks to improve tech risk monitoring
Central bank urges close examination of projects that imply organisational changes
CBDC: the case for ‘wait and see’
Despite growing interest, some central banks are staying out of the digital currency game
BIS opens Nordic innovation hub
Stockholm office is fifth in hub programme and involves four of the region’s central banks
Central Banking FinTech & RegTech Global Awards 2021
In March 2021, Central Banking launched its fourth annual FinTech & RegTech Global Awards to showcase some of the groundbreaking projects undertaken in the community. The results are revealed in the awards articles published in this special winners’…
The winners of the 2021 FinTech RegTech Global Awards
Fourth annual tech awards recognise excellence among central banks and the firms they work with
Central Banking FinTech & RegTech Global Awards 2021 virtual ceremony
View the trophy presentations, acceptance comments and future predictions from the winners of the 4th annual awards
BoE’s Bailey says CBDCs could be ‘fundamental’
Innovation hub run by BoE and BIS hub likely to concentrate on CBDCs and payments, official says
US court throws out suit against fintech charters
Judges dismiss challenge to Comptroller of the Currency on procedural grounds
El Salvador to make bitcoin legal tender
President claims the move, a first for any country, will aid remittances and financial inclusion
Thailand’s central bank picks G+D for retail CBDC project
BoT will use Filia platform for proof-of-concept
IMF warns Marshall Islands on digital projects
Local plans for digital currency and economic zone trigger concern at fund
Dominican Republic’s central bank plans financial innovation hub
New technology is “indispensable tool” for financial inclusion, governor says
MAS partners with financial inclusion foundation on digital currency system
Central bank officials will sit on the Mojaloop Foundation’s management boards
Brazilian central bank publishes CBDC guidelines
Model under consideration would be intermediated by national financial system
Benoît Cœuré on CBDCs, stablecoins and central bank fintech co-operation
BIS Innovation Hub chief voices concerns about the timing of stablecoin and CBDC roll-outs, fintech risks for supervisors and monetary policy, and details development plans for eight innovation locations
Cash infrastructure as public good – implications for the cash cycle
Efforts are under way in the Eurosystem to safeguard cash infrastructure as a ‘public good’ even as transaction volumes have fallen significantly. How can policy-makers strike the right balance?
Bank of Israel accelerates work on CBDC
Central bank has been exploring pros and cons of issuing a digital shekel since 2017
Fed looks to boost competition in debit card payments
New rule will support legal right to at least two payments options for merchants
Bank of Canada to become default payments regulator
Central bank will oversee any company not already regulated under proposed law
Fed clarifies account access rules for fintech firms
Proposals address growing number of firms seeking access to the central bank’s balance sheet
MAS launches new regtech grant
S$42 million fund will help firms test new digital products before full deployment
The evolving ‘strategy function’ in central banks
Some institutions participating in a survey of 27 central banks still struggle to fully harness an effective ‘strategy function’, according to the ECB’s Jean-Charles Sevet and Alejandro de la Cuesta
People: deputies appointed in China and El Salvador
New MPC member in Turkey; former RBI governor dies; and more
FCA chief announces launch of fintech ‘nursery’
Rathi also says social media firms should be held accountable for products they advertise