Payments
The ‘great fintech wall of China’?
Deploying fintech wrappers could help to solve part of the People’s Bank of China’s capital control dilemma; trials possible in Greater Bay Area
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
Denmark adopts cyber resilience programme
European Central Bank developed the test, which sets a new standard in the financial sector
People: Kenyan and Samoan governors named to UN digital task force
Kenya’s Njoroge and Samoa’s Ainuu-Enari to investigate digital impact on financial inclusion
South African central bank launches review of payment system
Sarb says its regulatory mandate needs more clarity and calls for more powers over fintech
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
Fintech poses “serious” challenge to governance, says former PBoC deputy
Li Dongrong warns of fintech spillover risks, regulatory arbitrage and digital divide; dismisses PBoC use of ‘untested’ blockchain
ECB launches eurozone real-time retail payments platform
ECB aims to prevent fragmentation of European real-time payments market
Fintech could help financial inclusion - South African deputy governor
Sarb’s Groepe praises Singapore’s one-stop data repository
Rwanda upgrading payment infrastructure on all fronts – annual report
Government officials no longer have to visit the central bank to make a transaction
Riksbank considers joining EU’s faster payments system - deputy governor
Cecilia Skingsley says Riksbank is reviewing how it distributes central bank money
Mozambique’s payment system provider cuts off service
BizFirst says it has not been paid by the banks or the country’s central bank for use of its software
Report highlights cyber vulnerabilities in securities market
Structure of the market and number of participants makes sector increasingly difficult to safeguard
Central banks should challenge risky fintech projects – Carstens
Crypto assets do not measure up against the “laws of economics”, BIS chief warns
Central bank collaboration on CBDC warranted, says Bank of Israel official
Report rules out CBDC in Israel for now, but central bank will be watching Sveriges Riksbank closely as it launches prototype
Payments changes far more important than bitcoin, Carstens says
Work on card and mobile phone payments is of “immense importance” – BIS general manager
Policy communication main challenge for South American central banks
In regional meeting, delegates discuss importance of payments innovation and security
Swedish central bank looks at path to state-backed digital currency
Riksbank may recommend changes to its own mandate
RBI fights plan to strip it of payment powers
Central bank fears move would undermine its ability to regulate currency
Riksbank says all banks should be ‘obliged’ to continue cash services
Central bank goes “a step further” in ensuring government legislation keeps cash alive in Sweden
Iranian central bank looking for alternative to Swift, local media says
Russia and China might be willing to help circumevent sanctions, expert says
Swift calls for standard API methodology
Open banking ecosystem will only succeed if standard-setters create universal method for API specifications, payment provider says
Fraud growing faster than non-cash payments, Fed finds
Cases of payments fraud are getting smaller but more common, survey finds; introduction of chip-based cards appears to have helped reverse the trend