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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
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
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
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
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
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
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 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
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
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
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
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
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
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
Russia-based Sberbank has confirmed its participation in the digital ruble pilot spearheaded by the Russian Central Bank.
CBDC, partnership, central bank, banks, cryptocurrency
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
The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).
central bank, settlement, banks, FX
The central banks of Jordan and Iraq have signed a cooperation agreement to strengthen the banking and financial relations between the two countries.
central bank, banking, financial institutions, partnership, API
Sergio Biagini, Leader of the Financial Services Industry at Deloitte Brazil, explains how to navigate regulation and define a strong value proposition in order to succeed in the Embedded Finance market.
embedded finance, financial services, regulation, BaaS, financial institutions, retail, B2B payments, ecommerce, investment, central bank
Edward Dovey, Head of APAC at RTGS.global, sheds light on the role of faster, more affordable cross-border payment solutions and understanding the de-dollarisation trend.
cross-border payments, cross-border logistics, CBDC, digital currency, settlement, financial institutions, FX , central bank