Mobile banking
The role of e-cash in China
The use of e-cash stored on integrated circuit cards notably reduces cash handling fees and increases security. It also offers greater convenience notwithstanding the rise of mobile payments
Thailand and Cambodia join forces on QR code network
Central banks to pilot QR code network for retail payments
Payments and market infrastructure development: Reserve Bank of Australia
The RBA has spearheaded the development of an upgraded retail payment system that includes real-time settlement
Fed launches banknote app for children
App provides details of security features, mimicking raised intaglio print through vibrations
Mexico unveils measures to foster financial inclusion
Plan intends to promote digital payments, facilitate access to credit and deepen capital markets
Mozambique sources new payments IT provider after dispute
Payment dispute pushes central bank to speed up unification of payment systems; US-based firm chosen to supply computer system for interbank network
Beyond payments: central bank digital currency
The issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond the zero lower bound
Mobile phones boost financial inclusivity in Cambodia – paper
Phone users more likely to open financial accounts and invest using microcredit
Payments changes far more important than bitcoin, Carstens says
Work on card and mobile phone payments is of “immense importance” – BIS general manager
HKMA launches new faster payments system
New system will reduce transaction time and scrap interbank fees
Number of bank accounts in Malawi up 64 % in six months – governor Kabambe
Digital financial services reducing the number of people unbanked in Malawi, says governor
Cameroon faces risks from microfinance links to banks – IMF staff
Rise of mobile banking is making microfinance sector more vulnerable, report says
PBoC warns businesses not to reject cash
Businesses are being given one month to rectify their practices
Singapore central bank aims to eliminate cheques but not go cashless
MAS board member reveals new details of scheme to allow payments by QR codes
Singapore and India launch fintech co-operation scheme
The countries plan to establish real-time payments links
Sarb launches its first app-based quarterly bulletin
User feedback reveals current format is cumbersome and “static”; central bank partners with external firm to create new app
Mobile money taking off in Rwanda – report
Central bank documents an increase in both users and volume of transactions across mobile financial services
Singapore to step up consumer protection on e-payments
Banks must offer users better protection measures, but users could also face fines for recklessness or carelessness
Australia’s real-time payment system goes live to the public
System built by Swift will process payments in less than a minute and will utilise new PayID technology; Osko is first application launched on new platform
PBoC ramps up regulations for QR code payments
Transactions made by QR code capped and reserve requirements increased, as PBoC seeks to crack down on payment risks
National Payment Gateway launched in Indonesia
New national platform to consolidate fragmented infrastructure, reducing costs and improving efficiency
Singapore broadens push into e-payments
Singapore expands payments regulation frameworks and launches a common QR code for e-payments
Hong Kong seeks mobile wallet capabilities in China
Authorities in drive to ensure Hong Kong mobile phone e-payments work in China; faster payments roll-out due next year but no urgent rush to go cashless, says HKMA official
Payments overhaul under way in Aruba
Central bank to give up clearing responsibilities to oversee new payments infrastructure; consumer behaviour will be a challenge, bank says