Payments
Central Banking Awards 2023: second group of winners unveiled
Awards announced for Governor of the year, Communications, Transparency and partners
Central database is ‘cornerstone’ of open banking
Cyber security and financial literacy are key obstacles to data-sharing, experts say
Swift completes cross-border CBDC settlement pilot
Banque de France, Bundesbank and the MAS among central bank participants
US lender tied to FTX goes into liquidation
Federal government investigating California bank linked to failed crypto exchange
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
Brazil’s central bank authorises business payments on WhatsApp
Peers can also send money in India, while B2B only is enabled in Singapore
RBI report details Covid contingency measures
Central bank reorganised staff and processes at “unprecedented scale and speed”
Digital pound unlikely to be monetary policy tool – Cunliffe
Deputy governor says effect of paying interest unclear and could clash with other objectives
IMF officials: do not make crypto legal tender
Fund leaders call for cautious approach to digital assets at February meeting
FSB sets ‘priority actions’ for global payments reform
Broad study of interoperability and alignment has been narrowed down to specific actions
Marks (and sizes and colours) of distinction
Many central banks make an effort to make cash accessible to blind and partially sighted users
Fed spurns Custodia a second time
Central bank again denies membership application from Wyoming crypto firm
India and Singapore link fast payments systems
Connection designed to help diaspora make cheaper and faster transfers
Russia to launch CBDC pilot in April
Central bank exploring cross-border functionality to evade sanctions
BoT’s Sethaput on inflation dynamics, central bank mandates and multi-lateral payments
The Bank of Thailand governor speaks with Christopher Jeffery about the trend towards higher inflation, the sustainable finance challenge, experiments with CBDCs and governance issues related to multi-lateral payments
Bank of Japan to start CBDC pilot in April
Central bank presses ahead with designing a general purpose CBDC
Laotian central bank launches CBDC pilot
Bank of the Lao PDR working with Japanese government and fintech firm to test CBDC
UAE plans to launch CBDC by 2026
Fintech strategy aims for cashless society through digital transformation
Bank Negara Malaysia commits to improve financial inclusion
BNM says the pandemic has eroded many people’s financial buffers
Digital pound would help resist ‘walled gardens’ – BoE’s Cunliffe
Tech firms may be able to quickly gain payments dominance, which a CBDC could break
CBRT steps in with support for earthquake-stricken regions
Turkish central bank eases payment costs and credit conditions as rescue work continues
BoE launches design phase of ‘digital pound’ project
UK likely to issue central bank digital currency as anchor for monetary sovereignty
Cash demand solid despite digitalisation, CPMI finds
Latest ‘red book’ statistics show rapid growth in cashless payments, but demand for cash still resilient
Iran and Russia to link banking systems to bypass sanctions
Move follows Iran’s signing of free trade “memorandum” with Russia-led EAEU