Payments
RBA opened banknote contingency site during pandemic
Strength of banknote demand during pandemic was ‘unprecedented’, RBA bulletin says
Future of cash: what we can learn from the history of money
Central banks must take a broad view of efficiency if they are to preserve the benefits of cash, says Antti Heinonen
Bank of Thailand plans overseas PromptPay connections
Central bank aims to connect to retail instant payment systems in other countries
Governor of the year: Alejandro Díaz de León
Díaz de León has upheld the authority, integrity and independence of the Bank of Mexico against significant external and internal pressures
Innovation in reserve management: World Bank Treasury/ANZ Bank
The pair developed a Swift-based messaging app to manage faster and safer cash operations for central bank members of Ramp at the height of the pandemic
BoT says prototype corporate CBDC boosted efficiency
Thai central bank says DLT allowed cement firm to integrate payments systems with suppliers
Bank of Israel hails milestone in move to ‘smart payments’
Central bank is pushing transition to EMV payments that allow contactless transactions
Cash in circulation to remain elevated, Bank of Canada research says
Withdrawal and deposit relationships and high denominations to blame
The untapped potential of transaction data
Covid-19 has highlighted the need for central banks to have more timely information, questioning whether high-frequency indicators are being used to their full potential.
Fed’s ‘operational error’ disrupts key payment services
Fedwire, ACH and other transfer systems suspended for several hours
BIS and central banks partner to create CBDC ‘bridge’
Cross-border project will link up digital currencies of China, Hong Kong, Thailand and the UAE
Bank of Japan to start testing digital yen
BoJ embarks on year-long pilot programme to test functionality
Private sector partnerships could be the key to CBDC survival – IMF research
Central banks may find it “challenging” to keep up with pace of technological change
Carney takes job on Stripe board
Former BoE governor adds role at fintech firm to growing portfolio of positions
Kenneth Montgomery on the Fed’s progress with instant payments
The FedNow project leader speaks about Covid-19 payment behaviours, a new liquidity management tool and what it will take to achieve ubiquitous instant payments in the US
Saudi Arabia to launch instant payment system in days
New system will go live following successful pilot with Saudi banks – Sama
Podcast: the legal implications of CBDC
The majority of central banks cannot issue CBDCs to the public under current frameworks
Riksbank extends e-krona pilot to test offline functionality
Sweden’s central bank will continue CBDC experiment until 2022
Decentralised, private, cash-like: researchers propose CBDC designs
Canadian universities outline several options for a central bank digital currency
The Covid crisis, central banks and the future
Crisis responses have had positive initial outcomes, but also exacerbated significant underlying challenges that raise concerns related to exit strategies and the future for central banks
Bank of Canada may speed research into central-bank e-currency
Deputy governor says digital cash “not foregone conclusion,” criticises crypto
UK’s New Payment Architecture brings ‘unacceptably high risks’ – regulator
Payments regulator warns new platform may be too costly and could quash competition
PBoC subsidiary sets up joint venture with Swift
New initiative could be involved in internationalising renminbi and developing digital currency
Thai interbank platform starts ‘bulk payments’
Upgrade will increase operability between systems, company says