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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 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
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
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
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
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
The Swiss National Bank has announced it is open to expand its pilot project with wholesale CBDCs.
CBDC, tokenization, central bank, DLT
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
Snappi, a Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following the recommendation of the Bank of Greece.
neobanks, banking license, central bank, digital banking
The Central Bank of the UAE (CBUAE) is set to launch a domestic card scheme named Jaywan through its subsidiary, Al Etihad Payments, in June 2024.
central bank, card scheme, digital payments, ecommerce
Saudi Central Bank has joined Project mBridge, collaborating with China, Thailand, Hong Kong, and UAE to test central bank digital currencies for cross-border trade and payments.
CBDC, digital currency, cross-border payments, central bank, DLT
The European Central Bank has launched a public consultation on its new guide concerning the outsourcing of cloud services to cloud service providers.
central bank, banks, banking, regulation, cloud services
The European Central Bank (ECB) and the Bank of Canada (BoC) have been forecast to lower their benchmark rates in the coming days.
central bank, inflation, banks, interest rate
Viktoriia Degtyareva, the CMO & Co-Founder at Paysecure, has shared with us how Pix is revolutionizing the payment industry and expanding its reach beyond Brazil's borders.
EPI, central bank, instant payments, expansion, cashless, ecommerce
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
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
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
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