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Telr gets in-principle approval from CBUAE

News | Payments General | 05 Apr 2024

UAE-based online payment gateway Telr has been granted in-principle approval for the Retail Payment Services & Card Schemes License from the Central Bank of UAE (CBUAE).

digital payments, ecommerce, central bank, payment gateway, fintech

Innovation in payments: what role do policy and regulation play?

Voice of the Industry | Payments General | 09 Apr 2024

Paul Worthington, Head of Regulatory Affairs at Innovate Finance, speaks about the role policy and regulation play when it comes to payment innovation.

stablecoin, central bank, policy, regulators, CBDC, Open Banking, payments

Project Agorá: Central banks explore cross-border payment tokenisation

News | Cryptocurrencies | 04 Apr 2024

The BIS and seven central banks have partnered with the private sector to explore tokenisation's impact on the monetary system.

tokenization, central bank, distributed ledger technology, cross-border payments

Riksbank advocates measures for an improved payment system

News | Online Payments | 15 Mar 2024

Sveriges Riksbank has advocated for a series of measures aimed at improving the safety, efficiency and accessibility of the Swedish payment system.

payments , central bank, digitalisation, digital payments

Navigating the evolving landscape of cross-border payments: top four trends to watch in 2024

Voice of the Industry | Payments General | 08 Mar 2024

Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.

cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin

Ripple partners with Commercial International Bank (CIB)

News | Cryptocurrencies | 23 Feb 2024

Egypt-based Commercial International Bank has partnered with Ripple to implement blockchain technology aiming to enhance the efficiency of cross-border payments. 

CBDC, central bank, cross-border payments, digital assets, partnership

Qatar Central Bank to launch an instant payment service

News | Payments General | 22 Feb 2024

The Qatar Central Bank has announced its plans to launch an instant payment service named Fawran in March 2024.

instant payments, real-time payments, central bank, product launch

RBI and NRB discuss India-Nepal remittances

News | Payments General | 19 Feb 2024

The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) are in discussions to connect their respective fast payment systems to facilitate cross-border remittances between India and Nepal.

central bank, UPI, cross-border payments, remittances

Banque Centrale de Tunisie joins PAPSS

News | Payments General | 14 Feb 2024

The Pan African Payment and Settlement System (PAPSS) has received Banque Centrale de Tunisie (BCT) into its network.

central bank, partnership, expansion, payments , cross-border payments

Philippines announces non-blockchain CBDC plans

News | Cryptocurrencies | 13 Feb 2024

Bangko Sentral ng Pilipinas (BSP) has revealed the intention to launch a wholesale central bank digital currency (CBDC) by 2026.

CBDC, central bank, digital assets, wholesale CBDC, retail

The power of partnering: how public and private money drive together

Voice of the Industry | Payments General | 19 Jan 2024

‘The evolving payments landscape demands a recalibration of roles and a transparent framework to facilitate the relationship between public and private entities’, Menno Broos and Ria Roerink from De Nederlandsche Bank share more.

CBDC, wholesale CBDC, central bank, customer experience, digital wallet, e-money

Gaining trust for self-referential CBDC (practical solutions)

Voice of the Industry | Payments General | 09 Jan 2024

Amnon Samid, CEO of BitMint, an AI-Powered Cyber-Innovation Hub, tackles current cryptography-based digital currencies, that cannot serve as a means of better financial fairness and inclusion.

CBDC, payments , cash, digital currency, quantum computing, digital wallet, central bank, stablecoin, tokenization

USD 14 million cross-border e-CNY gold transaction completed in Shanghai

News | Cryptocurrencies | 22 Dec 2023

The first cross-border settlement for precious metals using the digital yuan CBDC, known as e-CNY, was completed on 20 December 2023.

CBDC, digital currency, central bank, settlement, digitalisation

SAMA Approves Jeel Pay for BNPL services

News | Payments General | 11 Dec 2023

The Saudi Central Bank (SAMA) has allowed fintech Jeel Pay to provide Buy Now, Pay Later solutions in the West Asian country.

BNPL, regulation, central bank, fintech, payment methods

Funds & Electronic Transfer Solutions and UPI to launch virtual cards in Nigeria

News | Cards | 07 Nov 2023

Nigeria-based Funds & Electronic Transfer Solutions (Fets) has partnered with UnionPay International to issue virtual cards through the Fets app in Nigeria.

virtual card, mobile payments, digital wallet, digital payments, central bank

Ripple becomes technology partner of National Bank of Georgia

News | Cryptocurrencies | 06 Nov 2023

US-based crypto solutions company Ripple has become the technology partner for National Bank of Georgia’s (NBG) digital GEL pilot project.

CBDC, blockchain, central bank, digital payments, cross-border payments

Travelex partners with National Bank of Cambodia to trade Khmer Riel

News | Payments General | 17 Oct 2023

Foreign exchange brand Travelex has partnered with National Bank of Cambodia to trade Cambodia’s national currency, the Khmer Riel (KHR), at Singapore’s Changi Airport.

FX , partnership, central bank, blockchain, travel payments

Sberbank to participate in Russian Central Bank's Digital Ruble pilot

News | Cryptocurrencies | 16 Oct 2023

Russia-based Sberbank has confirmed its participation in the digital ruble pilot spearheaded by the Russian Central Bank.

CBDC, partnership, central bank, banks, cryptocurrency

BIS works with EU central banks to build a crypto tracking platform

News | Cryptocurrencies | 04 Oct 2023

The Bank for International Settlements (BIS) has partnered with several European central banks to create a crypto tracking platform.

cryptocurrency, digital assets, banks, central bank

Central Bank of Kenya joins the African Payments and Settlement network

News | Payments General | 03 Oct 2023

The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).

central bank, settlement, banks, FX