Payments
Sarb releases ‘first-of-its-kind’ payments study
Central bank claims report is first comprehensive analysis in Brics countries
Swift tailors its operations for digital assets
Network says DvP and PvP capability will let securities buyers pay for and exchange tokens simultaneously
Alpana Killawala on communications under six governors at the RBI
The former RBI comms chief speaks about the importance of strategic communications, courting the media, open mouth operations and altering a governor’s ‘rock star’ image
CBDC transactions reach 7 trillion yuan, PBoC official says
Figure suggests e-CNY transactions almost quadrupled in the year to June
Previous CBDC research based on outdated assumptions – ECB paper
Authors say rejecting digital cash would have adverse unintended consequences
Ukraine moves to curtail capital flight
NBU says changes will support defence, business and “nuclear insurance pool”
Marshall Islands pushes ahead with plan for monetary authority
Minister says new institution is needed to deal with financial system’s increasing vulnerability
Covid led to shift in cross-border payment flows – Brazilian study
Pandemic resulted in changes across sectors, instruments and types of economy
Yuan will not rival dollar for foreseeable future – Fed study
Figures show aggregate usage of currency lags behind that of euro, yen and pound
Interpreting the PBoC’s slew of policy reforms
How are new stimulus measures, bond market tactics, deflationary pressures and monetary policy framework changes affecting central banking in China?
South Korea and Indonesia set up currency transactions framework
Move is latest regional effort to bolster use of local currencies for settling trades
BoE calls for wider research into operational resilience
Most studies have focused on cyber attacks, though UK has been hit by varying types of incidents
Fed study finds there are no truly offline payment systems
Hybrid solutions mitigate some risks, say researchers
Campos Neto on inflation targeting, independence and the future of financial intermediation
The Brazilian governor speaks with Christopher Jeffery about tackling inflation, the need for financial autonomy, and redefining the financial landscape with open finance, programmable Pix, deposit tokenisation and sound cross-border payments governance
Book notes: Easy money, cryptocurrency, casino capitalism, and the golden age of fraud, Ben McKenzie with Jacob Silverman
Casts light on how shady crypto characters defraud consumers but does little to identify and control such fraudsters while protecting the public
Uruguay holds rate for fourth consecutive time
Central bank projects inflation will remain with 3–6% target over coming two years
Bank of Israel reports continued rise in digital payments
Survey shows increase pre-dates emergency measures brought in during Gaza war
Customer verifications have slashed fraud across Europe – ECB, EBA study
Problem greater in non-EEA countries with looser security requirements, says research
Asia’s central bankers bullish over cross-border payments
Policy-makers at Asia Summit also spoke of gradual pick-up in use of local currencies
Innovate to defend status of central bank money, says BoE
Bank “exploring options” to widen access to settlement
Malaysia is latest country to seek Brics membership
However, uncertainty remains over whether Saudi Arabia will join emerging economies bloc
Palestinian Monetary Authority launches instant payment system
Move aimed at providing alternative to traditional services damaged during conflict
Brazil delays launch of recurring instant payments function
BCB postpones Automatic Pix until June 2025
More than half of US organisations ‘vulnerable to IT failure’
New research underlines cyber risks to central banks following CrowdStrike IT outage