Financial inclusion
Understanding informal remittances
Better tracking of remittance flows could give central banks valuable insights to support policy, say Deepali Fernandes, Amil Aneja and Azar Sultanov
Officials urge narrow focus as CBDC use cases proliferate
Communication and financial inclusion are critical concerns, Summer Meetings panellists agree
RBNZ’s Orr says ‘Te Ao Māori strategy’ is boosting inclusion
Governor says RBNZ was “late” in tackling issues faced by Māori, but is now making progress
Central Banking FinTech RegTech Global Awards 2022
Central Banking’s fifth annual FinTech RegTech Global Awards showcase the ground-breaking projects undertaken within the central banking community
Central banks and UN working to improve remittance data
Flows are critical income sources for many economies, but data is often limited
Book notes: The future of money, by Eswar S Prasad
Prasad’s book is the best on the topic so far, providing the most complete description of issues and factors that will shape the future of money
Philippines central bank announces wholesale CBDC pilot
“Project CBDCPh” will test large transactions at limited number of institutions
Do CBDCs make sense for Latin America?
Steven Kamin says CBDCs may be particularly beneficial to emerging market economies
Biden nominates Barr for Fed supervision post
Previous nominee Sarah Bloom Raskin withdrew in March after Republican attacks
Honduras central bank warns on bitcoin again
Central American country will not follow El Salvador in making bitcoin legal tender, BCH says
Mexican financial institutions create gender equality committee
Eleven public and private institutions join initiative promoting women’s participation in the economy
Biden orders CBDC report from Fed and other agencies
Report must advise on how possible CBDC would affect US security and sovereignty
State Bank of Pakistan launches simplified digital account
Central bank governor says Asaan Digital Account should boost women’s participation in finance
Markus Brunnermeier on the need for CBDCs
The Princeton academic co-authored a paper for the European Parliament exploring the potential pitfalls of CBDCs. But they are still needed, he says
BoE aims to boost comms with new ‘visual identity’
Design overhaul aims to help central bank reach a wider audience, BoE says
How supervisors can step up the AML fight
Marcus Pleyer, president of the Financial Action Task Force, says digital tools, stronger co‑operation and risk-based methods can give supervisors an edge. But threats are still proliferating
Payments efficiency is driving force behind many CBDCs
Inclusion, financial stability and monetary policy are also leading factors
World Bank urges Georgia to make ‘further efforts’ on financial stability
Report praises “significant progress” but says work is needed on supervision, AML and inclusion
Currency Benchmarks 2021 – presentation
Central Banking’s currency subject matter specialist Rachael King speaks with Chris Jeffery about circulation, impact of Covid-19, forecasting, costs and resourcing, security and design, sustainability, and more
BIS paper calls for action on big tech dominance
“Digital platforms” can boost inclusion but may undermine other central bank objectives, authors say
RBI launches offline digital payments
Indian central bank hopes scheme will promote digital payments in remote areas
Mexican government announces CBDC for 2024
Bank of Mexico has yet to comment publicly on the initiative
BoE to publish ‘pop-economics’ book
‘Can’t we just print more money?’ is latest step in educational push by central bank
Podcast: an update on the e-naira project
Bitt’s Imran Khan explains how its project in Nigeria is different to CBDC projects launched before