Payments
Netherlands Bank launches new website
Central bank structures new site around six main themes
Ulrich Bindseil on the launch of the digital euro
The ECB’s director-general for market infrastructure and payments speaks about the functionality, tiering approaches, privacy policies, ledger technology and ecosystem impact of the eurozone's planned CBDC
Carstens questions wisdom of fully anonymous CBDC
Idea of complete anonymity in digital systems is a “chimera”, BIS chief says
More central banks plan experimental CBDCs – BIS
Emerging market central banks in particular are focusing on retail CBDCs, report says
China tightens regulations on non-bank payment firms
Central bank will scrutinise payments more closely and fine firms for rejecting cash
PBoC proposes tough antitrust rules for payments giants
Draft rules would give PBoC powers to recommend splitting up large payments firms
Nigeria’s central bank unveils sandbox and QR guidelines
Both initiatives should help foster innovation within the payment space
The changing data landscape: Part 1
Central Banking speaks to Eyal Rozen, Ramūnas Baravykas and Wanpracha Chaovalitwongse about whether there is a need to change underlying infrastructure to bolster data-driven policy-making
People: San Francisco Fed appoints strategy and people officer
Dallas and San Francisco Feds appoint officials; new ECB comms chief takes up role; Bank of Greece adviser to head up payments network
The role of Tips for the future payments landscape
Tips could support euro CBDC plus cross-border payments in many currencies
Former RBI official Rabi Mishra on macro-pru in the post-Covid world
The former executive director discusses challenges for supervision, global governance reform and the rise of fintech
China’s digital yuan kicks off test on e-commerce platforms
New round of tests in Suzhou allow use of CBDC for online shopping for the first time; new features designed to protect privacy
BoE says banks can cope with Brexit and pandemic
But central bank warns EU actions are risking some disruption as transition period ends
The long-term impact of Covid-19 on banknote demand
The coronavirus pandemic has challenged cash usage assumptions at a time when central banks make only limited use of longer-term forecasts
HKMA and PBoC begin technical preparations for digital yuan pilot
HKMA CEO Yue says cross-border e-yuan will offer additional payment options to locals
Big tech poses a risk to competition in payments – RBA’s Lowe
Regulation has not adapted to advances in technology, governor says
Project Helvetia proves central banks can use tokenised assets – BIS
Benoît Cœuré says project marks “the beginning of the further evolution of central banking”
BoE needs ‘better handle’ on control of UK currency
Lawmakers highlight the UK’s disjointed cash management, which could put consumers at risk, they say
Pressure from Facebook may speed up digital euro development – panellists
ECB does not plan to announce whether it will proceed with digital euro proof of concept until mid-2021
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
Pandemic accelerates decline in eurozone cash usage – ECB
During 2016-19 cash gradually declined as means of payment, but was still first option
Singapore non-bank firms can use real-time payments systems – MAS
“Major payment institutions” will be able to use two real-time systems from February 2021
Covid-19 likely to have major effect on UK cash usage – BoE
Risk of Covid transmission via banknotes diminishes significantly over time, BoE study finds
People: Bangladesh appoints deputy; Elderson has bumpy ride
Bangladesh Bank names new deputy; Elderson passes EU parliament vote despite opposition