CBPN Latest News

National Bank of Georgia's Innovation Office: Importance and Need in Georgia’s Financial Sector
Regulators need to be open to innovation to balance the market, which is why the National Bank of Georgia (NBG) created the Financial Innovation Office (FIO). The FIO serves as a critical, yet often understated, protagonist at the heart of this technological revolution. New entrants in financial ser...
ProgressSoft: Guiding Your ISO 20022 Adoption Journey
The global payment landscape is undergoing a profound transformation with the adoption of ISO 20022 standards and Cross-Border Payments and Reporting Plus (CBPR+) usage guidelines. This revolutionary shift not only brings forth promising innovations but also presents significant challenges for finan...
Instant Payments
AfricaNenda: Key Trends Shaping the Instant Payment Systems Landscape in Africa
The instant payment systems (IPS) landscape in Africa is vibrant, propelled by the growing need for faster, interoperable, more secure, more affordable, and more convenient retail payment options. As of 2023, there were 32 live public or public-private instant payment systems in Africa, processing o...
Currency Research Global Payments Week 2024
A high-profile delegation of central bankers and innovators in the payments industry will be heading to Kuala Lumpur, Malaysia, this June for the Currency Research Global Payments Week 2024. To find out more about the themes guiding the events — the Central Bank Payments Conference (CBPC) and the Gl...
Digital Payments
In Conversation with Zeynel Abidin Avcı and Bilgehan Kürsad Öz of the Central Bank of the Republic of Türkiye
The Central Bank of the Republic of Türkiye (CBRT) is playing a catalytic role in the development of a “robust and innovative payment landscape,” most notably with the establishment in 2021 of an instant payment system and, more recently, its work on a digital Turkish lira. Central Bank Payments New...
Cross-Border Payments
RTGS.global: Why Cross-Border Payments in Opportunity Markets are Ripe for Disruption
At RTGS.global we recently facilitated a series of frictionless cross-border payments and settlements between a group of progressive institutions in three rapidly growing markets: Uzbekistan, Tajikistan and Georgia. This saw five banks, across three separate jurisdictions, conduct multiple payment-v...
Instant Payments
AfricaNenda: Digital Payment Access is Steadily Increasing. What Barriers Remain?
The instant payment ecosystem in Africa continues to show increased dynamism, as the number of instant payment systems (IPS) expands and more transactions run through them, as documented in the State of Inclusive Instant Payment Systems in Africa 2023 report (SIIPS 2023). This second annual SIIPS re...
CCAF Catalysing Change and Enhancing Impact: Strengthening Financial Authorities through Digital Knowledge
Through close collaboration with academic researchers, national and international policy-making bodies, and industry practitioners, the Cambridge Centre for Alternative Finance provides the expertise necessary to fulfil its mission. Its ongoing evolution fuels influence and drives impactful change b...
Danmarks Nationalbank: Future-Proofing the Danish Payments Infrastructure
The settlement of the Danish krone (DKK) is scheduled to migrate to the European payment and securities settlement platform TARGET Services in 2025. The Danish krone will be the first non-euro currency to be connected to all TARGET Services for payments and securities settlement. The migration is a ...

In This Issue: April 2024

  • Natalia Ivanidze describes the “critical, yet often understated” role played by the National Bank of Georgia’s Financial Innovation Office in balancing innovation and risk while helping to shape the future of the financial sector.
  • In the second of a two-part series from AfricaNenda, Jacqueline Jumah discusses the key trends shaping the instant payment system landscape in Africa.
  • In our Industry Profile, ProgressSoft Corporation’s Adrien Rigaudie examines the variety of ISO 20022 adoption strategies available to financial institutions as the industry migrates to the messaging standard.
  • We sit down for a conversation with Jean-Michel Godeffroy and Matthew Hunt, chairs of Currency Research’s Central Bank Payments Conference and the Global Payments Summit, respectively, for a preview of this year’s gatherings in Kuala Lumpur.
  • Ellie Duncan offers a glimpse into her new book, “Open Banking and Financial Inclusion.”
  • Plus, our monthly round-up of the latest news, a curated list of must-read reports, and much more!
In This Issue: April 2024