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Mbank partners with AEP for Aani Instant Payments launch

News | Payments General | 13 Nov 2024

Mbank has partnered with Al Etihad Payments Company (AEP), a Central Bank of the UAE (CBUAE) subsidiary, to introduce the Aani Instant Payment Platform on its mobile application.

banks, partnership, payments , instant payments, central bank

Fintech kevin declared insolvent by Vilnius court

News | Online & Mobile Banking | 23 Sep 2024

Lithuania-based payments fintech kevin, which previously raised over USD 65 million, has been declared insolvent by the Vilnius District Court.

fintech, financial services, regulation, central bank

AMINA Bank announces participation in Project Agorá

News | Cryptocurrencies | 20 Sep 2024

AMINA Bank has announced its participation in Project Agorá, an initiative led by the Bank for International Settlements (BIS) in collaboration with several central banks.

cryptocurrency, partnership, cross-border payments, central bank

UniCredit seeks ECB approval to increase stake in Commerzbank to 30%

News | Payments General | 18 Sep 2024

UniCredit had planned to seek approval from the European Central Bank (ECB) to potentially increase its stake in Commerzbank to 30%, according to sources familiar with the matter.

acquisition, banks, central bank, regulation, merger

Fincra secures IMTO licence from CBN

News | Payments General | 12 Sep 2024

Fincra, a payment company, has obtained an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN).

banking license, central bank, banks, cross-border payments, payments

Central Bank of Iceland expresses interest in T2 and TIPS

News | Online & Mobile Banking | 10 Sep 2024

The European Central Bank (ECB) has noted the Central Bank of Iceland's (Seðlabanki Íslands) interest regarding potential participation in T2 and TIPS.

central bank, financial services, banks, partnership

Brazil Central Bank advances CBDC pilot programme

News | Cryptocurrencies | 06 Sep 2024

Brazil's central bank (BCB) announced the selection of 13 participants for the second phase of its central bank digital currency (CBDC) initiative.

CBDC, central bank, cryptocurrency, partnership

Russia revokes banking license of American Express subsidiary

News | Online & Mobile Banking | 14 Aug 2024

Russia's central bank has cancelled the banking license of American Express's Russian subsidiary after it filed for voluntary liquidation.

central bank, banking license, cryptocurrency, payments

BSP to issue new digital bank licences starting January 2025

News | Online & Mobile Banking | 09 Aug 2024

The Bangko Sentral ng Pilipinas (BSP) has announced that it will lift the moratorium on the issuance of new digital banking licenses starting from 1 January 2025.

central bank, financial services, digital banking, online banking

Bank of Italy restricts Lemonway from new operations

News | Online & Mobile Banking | 09 Aug 2024

The Bank of Italy has imposed a restriction on Lemonway, preventing the company from initiating new operations within Italy.

compliance, central bank, financial institutions, fintech

BSP updates e-payment guidelines

News | Payments General | 06 Aug 2024

The Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved new guidelines for electronic payments under the NRPS Framework.

central bank, ACH, payments , digital payments, cash flow

Bank of Russia pursues digital ruble launch by July 2025

News | Cryptocurrencies | 01 Aug 2024

Bank of Russia has set out to launch its central bank digital currency, known as the digital ruble, by July 2025, following successful pilot tests.

stablecoin, CBDC, digital currency, digitalisation, central bank

IP4Y and Zro Bank authorised as payment institutions in Brazil

News | Online Payments | 26 Jul 2024

Zro Bank, a cryptocurrency payment company and IP4Y an issuer of electronic currency, have received authorisation from the Central Bank (BC) to become payment institutions.

remittance, EMI licence, money remittance, tokenization, online payments, digital payments, local payment method, PIX, payment gateway, fraud prevention, fraud management, recurring payments, central bank, digitalisation, financial inclusion, cryptocurrency, fintech

Brazil's central bank delays Pix Automatic launch

News | Payments General | 23 Jul 2024

Brazil's central bank has announced that a new feature for its Pix instant payment system will be launched in June 2025 instead of October 2024 as initially planned.

central bank, operational system, recurring payments, payments infrastructure

Italy prepares MiCA guidelines for local financial institutions

News | Cryptocurrencies | 11 Jul 2024

The Bank of Italy has prepared a series of guidelines for local financial institutions in the context of MiCA regulations implementations.

regulation, MiCA, financial institutions, central bank

Russia advises businesses to counter sanctions with crypto

News | Cryptocurrencies | 09 Jul 2024

The Russian Central Bank has advised businesses to explore diverse payment solutions, including cryptocurrencies as a response to Western sanctions.

cryptocurrency, digital assets, financial sanctions, central bank

Russia to expand digital ruble pilot

News | Cryptocurrencies | 09 Jul 2024

The Russian Central Bank has revealed its decision to significantly expand its digital ruble pilot programme starting 1 September 2024.

CBDC, digital assets, cryptocurrency, central bank

BDF collaborates with HKMA on new CBDC cross-border opportunities

News | Online & Mobile Banking | 05 Jul 2024

The Banque de France (BDF) has started collaborating with the Hong Kong Monetary Authority (HKMA) on wholesale central bank digital currency (wCBDC) initiatives.

CBDC, tokenization, partnership, central bank, cross-border payments

Swiss National Bank considers expanding digital currency project

News | Cryptocurrencies | 04 Jul 2024

The Swiss National Bank has announced it is open to expand its pilot project with wholesale CBDCs.

CBDC, tokenization, central bank, DLT

ECB reveals progress towards digital euro

News | Cryptocurrencies | 02 Jul 2024

The European Central Bank (ECB) has reported on progress made in the preparation phase of the digital euro, emphasising modernised payments, privacy, and EU autonomy.

digital euro, central bank, PSP, fraud prevention, digital payments