Real-time gross settlement (RTGS)
FedNow: the road to non-bank access to US instant payments
Debate over granting non-banks access to Fed systems reveals possible flaws in US regulation
Riksbank picks ECB’s Tips for instant krona settlement system
Central bank preparing system for round-the-clock settlement in Swedish krona
RBNZ launches new settlement platform
Platform includes interbank settlement system and central securities depository
Swedish central bank will test DLT-based digital currency prototype
Sveriges Riksbank and Accenture project to use simulated agents to test ‘e-krona’
US must review payments system oversight, Brainard says
Big tech’s currency plans could mean payments oversight is further weakened – senior Fed official
Tensions emerge in Fed’s push for instant payments
The US Faster Payments Council is in a better position than the Fed to tackle key issues, some say. Others welcome the Fed’s muscle in promoting competition
Bank of Mexico launches mobile payments platform
CoDi offers instant payments between individuals and companies, and aims to promote competition and financial inclusion
Central banks urged to adopt DLT-based CBDC
Industry figures argue central bank money is needed for token-based securities settlement
Fed provides update on future RTGS system
FedNow cross-border payments could be considered in future, the central bank says
The winners of the 2019 Fintech and Regtech Global Awards
Prizes awarded for outstanding work at the cutting edge of financial technology
Innovation for real-time payments and settlements
Financial and institutional banking have undergone a transformational technological shift, meaning working in real time is increasingly commonplace. This is not the case for payments and settlement, which can still take days. Baton Systems explores how…
Powell says Fed will decide on 24/7 RTGS system ‘soon’
Fed under pressure to act amid flurry of legislative activity around payments
Zimbabwe’s move to ‘mono-currency’ regime triggers sharp rate hike
Central bank hikes overnight rate by 35 percentage points as local currency becomes sole legal tender
RBNZ launches strategy to become ‘best central bank’
Statement of intent for 2019–22 includes an update to RTGS system, and a “future of cash” plan
RBI waives RTGS fees in bid to boost digital payments
Banks expected to pass the cost savings on to their customers
Zimbabwe reaches IMF agreement to deal with currency crisis
‘RTGS dollar’ will be supported by advice from IMF programme
Swift announces trials with ECB instant payment system
Linking “Swift gpi” to ECB’s Tips will greatly reduce delays in settlement, consortium says
Denmark’s RTGS proves resilient to liquidity stress test
Kronos responds to IT failure, lack of access to money markets and reduced intraday credit
Fed proposes modifications to the wholesale payment network
Proposal to extend window comes with risks but the Fed says it might have a solution
Thailand develops prototype for blockchain-based CBDC
The central bank’s collaborators have made progress on ‘Project Inthanon’
IBM wins contract to support Canadian RTGS overhaul
Canada is preparing to replace its unusual high-value payment system with a new generation
RBA begins push for ISO 20022 payments migration
Central bank wants to make the switch before Swift ends support for some message types
Zimbabwe ditches dollar peg amid warnings of ‘disaster’
Central bank governor pledges stability but analyst says initiative is “cancerous”
Fourth non-bank gains BoE settlement account
Bank of England continues to level the playing field with new entrant FairFX