Mobile banking
Kenyan governor asks for powers over digital lenders
Unregulated lenders are helping create ‘ballooning household debt’, Njoroge says
Central banks leverage multimedia communication channels
Around a third have added podcasts, mobile apps and blogs to their comms repertoire
Regulating big tech and non-bank financial services in the digital era
Big tech incursions into financial services in China and elsewhere demonstrate the potential benefits of adopting a digital-bank or holding-company approach to financial regulation
Bank of Thailand plans overseas PromptPay connections
Central bank aims to connect to retail instant payment systems in other countries
Bank of Israel hails milestone in move to ‘smart payments’
Central bank is pushing transition to EMV payments that allow contactless transactions
Sri Lankan central bank launches national financial inclusion strategy
Project aims to bring together “isolated efforts” on financial inclusion under central bank’s lead
Cambodia officially launches quasi-CBDC
Cambodia’s blockchain-powered payment system goes live
CBDC projects aim to complement cash – BIS survey
Many central banks are creating “hybrid” CBDCs, according to survey of 32 projects
Kenya’s central bank looks to regulate digital lenders
Legislation before government could help central bank control high lending rates on digital products
BoE partners with QA Media to benchmark software investments
Central bank aims to improve own software development processes, and those in the banking sector
Zimbabwe increases interest rates as inflation soars
Central bank raises interest rates to 35%
Mobile payments banned in Zimbabwe
Central bank suspends mobile payment platforms following government circular
Qatar Central Bank unveils mobile payments system
Central bank launches “new and safe method” for electronic payments
IMF praises Somali reforms and says debt relief is possible
New agreement between IMF and Somali authorities prioritises central bank development
2020: fintech and beyond
At the turn of the decade, central bankers share their thoughts on financial technology – past, present and future
Rwanda central bank spearheading cashless movement
Central bank reports e-payments have increased to 34.6% of GDP, but says there is still work to be done
Somali governor says mobile money platforms play key role
Kristalina Georgieva says IMF offers “full support” to Somalia’s efforts to secure debt relief
Big tech: a threat to banks?
The explosive growth of financial services offered by big tech companies in China offers important lessons
Bank of Mexico launches mobile payments platform
CoDi offers instant payments between individuals and companies, and aims to promote competition and financial inclusion
Ghana sees route to ‘cash-lite’ economy through mobile money
Central bank deputy governor promises development to further encourage fintech
Mobile lending poses threat to financial stability – Kenyan governor
Njoroge says unregulated digital lenders could ‘bring down entire financial sector’
Mobile financial services bring firms into formal economy - BdF paper
New technologies cuts size of ‘informal’ economy in developing world, researchers find
Kenyan president reappoints Njoroge as governor
Governor has been a fierce defender of Central Bank of Kenya’s independence