CBPN Latest News
Data
Bit by Bit: How Data are Enhancing Payments
The steps the Bank of England is taking are designed to ensure the benefits of payments data are available to all RTGS users, irrespective of how they access their data. In doing so, the Bank aims to move towards an objective of richer payments data, made more accessible, acting as a crucial enabler...
Tokenisation
Tokenization in Financial Markets - Unlocking the Future of Financial Innovation
This article provides some of the initial findings from a longer piece of research on Tokenization in Financial Markets conducted by the World Economic Forum in collaboration with Accenture.
Infrastructure
ProgressSoft: Advancing Trust in Mandated and Salary Transfers
Every payment has a purpose, and these purposes have expanded remarkably — from invoice payments and utility bills to salary transfers, personal donations, association subscriptions, and beyond. With this versatility comes significant responsibility for financial sector regulators to mitigate risks,...
Digital Payments
Central Bank of Jordan: Transforming Jordan’s Financial Landscape
Jordan’s financial sector is undergoing a remarkable transformation, with the Central Bank of Jordan (CBJ) at the helm, leading the charge toward modernization. Amid regional challenges, Jordan has emerged as a center of stability, resilience, and innovation. The CBJ’s vision for the future of payme...
Fraud
Malaysia's Journey in Combating Financial Fraud - A Case Study on Ecosystem Collaboration and Innovation
The National Fraud Portal from Bank Negara Malaysia and PayNet Malaysia marks an important step forward for the country in combating financial fraud. Serving as an agent of change in data standardisation and ecosystem collaboration, the NFP is not merely a tool for loss recovery; rather it is the fo...
Cross-Border Payments
Enhancing Cross-Border Payments in the U.S.
As cross-border payments take center stage in today’s globalized economy, Margaret Weichert, Chief Product Officer at The Clearing House, explores the latest initiatives shaping the industry
Digital Currencies
Stablecoins & Tokenization: New Forefronts in Innovation for Central Bankers
Over the last year, Visa has engaged in cutting edge research around onchain analytics and on-the-ground stablecoin user surveys in emerging markets to better understand their impact.
Cash
Exploring the Future of Cash in Germany: A Foresight Study
The Bundesbank has turned its attention to exploring what sort of long-term future cash might have in Germany. In order to be able to proactively shape the evolution of cash in light of the trends we are currently seeing, we need an idea of the environment in which cash will be embedded in future. W...
CBDC
Digital Currency as a Means of Public-Private Competition and Cooperation
At the Bank of Israel, as in many other countries, we are actively exploring the potential of a retail CBDC. The journey towards a digital shekel requires navigating complex challenges, including addressing financial stability concerns and ensuring that it operates within a robust framework of trust...
In This Issue: December 2024
- Bank of England Executive Director for Payments Victoria Cleland and co-author Mark Streather on the enormous potential benefits of payments data, the Bank's data focus, and the need for a harmonised approach to its use to harness and maximise that potential.
- Sandra Waliczek and Cameron Nili share insights from World Economic Forum / Accenture research on how tokenisation can transform financial markets, including promising use cases, and the existing barriers to wider adoption.
- ProgressSoft’s Mahmoud Abu Zamel highlights how an integrated and unified payments ecosystem enables regulators to address payment dispute challenges and helps ensure a secure payment environment.
- Plus, we get you up to speed on the latest news from around the globe, with a curated list of must-read reports, thought-leading speeches from the central banking community, and much more!!
