Instant payments
Eurozone outlines payment verification system
ECB says new service will build on work by Portuguese and Latvian central banks
West Balkan central banks to create instant payments system
Albania, Bosnia and Herzegovina, Kosovo, and Montenegro to launch Tips clone in 18 months
Finland’s fintech head on retail CBDCs versus instant payments
Payments unit leader Aleksi Grym discusses overlaps and synergies for retail CBDCs and instant payment systems in Finland and the eurozone
Madagascar’s governor on targeting M3 over inflation
Central Bank of Madagascar head Aivo Andrianarivelo speaks about introducing an interest rate corridor, diversifying from dollars to gold, using instant payments to bolster inclusion and drawing on IMF sustainability funding
CNB’s Aleš Michl on tackling inflation, Friedman’s legacy and ditching DSGE
The Czech governor speaks about policy mistakes, targeting M2, diversifying into equities and gold, building new models and ending interest payments on minimum reserves
Digital euro can fill market gap, panellists say
Representatives from central banks and industry discuss use cases for retail and wholesale CBDCs
Norway joins Target instant payments system
Country becomes first non-EU member to settle payments in Tips
Sweden should modernise retail payments – Riksbank study
Clearing infrastructure needs update and card settlement warrants reform, researchers say
Three plans for digital payments: India, UK, and BIS
Das, Bailey, and Carstens discuss complementary tech, commercial bank innovation, and common platforms
Digital payments ‘indispensable’ in driving development – Tombini
BIS Americas chief says central banks should continue promoting FPS and CBDCs
SNB launches instant payments system
Swiss central bank says system will enable “final settlement” within seconds, 24/7
DNB study sounds alarm over youngsters’ payment habits
“Fun” justifications for big purchases storing up trouble for future, says research
Brazil delays launch of recurring instant payments function
BCB postpones Automatic Pix until June 2025
Palau building blockchain government bond platform
Contract won by Japanese company that co-developed Cambodia’s digital currency
Hungary’s central bank orders faster action over Apple Pay glitch
Lenders deflecting customer complaints is unacceptable, says central bank
Payments Benchmarks 2024 – model banks analysis
Breakdowns of key data from the payments benchmark shed light on how the function is governed
Payments Benchmarks 2024 report – towards tokenisation
Benchmarks highlight optimism on tokenisation, hostility to crypto and efforts to upgrade RTGS
Non-banks in RTGSs: greater efficiency or more risk?
Policy-makers and practitioners from central banks in Brazil, Hungary, Israel, Romania, Rwanda and the US share their perspectives
Central Banking Awards 2024 ceremony honours best in field
Shirakawa receives lifetime award and Brazil is named central bank of the year
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
RBA report looks at cross-border payments
Multilateral platform would be more scalable than bilateral links, Australian central bank says