CBPN Latest News
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...
Books
Central Banking at the Frontier: Creating a Digital Financial Landscape
Central Banking at the Frontier: Creating a Digital Financial Landscape aims to guide readers through the emerging digital financial landscape from a central banking perspective, providing a glimpse into the challenges that the central banks are facing, and how the central banks might be able to res...
CBDC
Kyrgyzstan on the Path to Creating a Digital Som
Like many other countries around the world, Kyrgyzstan is researching and defining an approach to introducing a national digital currency and testing the concept of the digital token (PoC). On May 25, 2022, the Board of the National Bank of the Kyrgyz Republic adopted the Digital Som concept.
Regulations
EMTECH: Managing Risk and Implementing Compliance Processes
One of the most pressing challenges facing fintechs and impacting central banks is how to ensure regulatory compliance. With highly fragmented regulatory requirements, risk monitoring and reporting methods, a more integrated compliance management platform is an essential tool for survival and growth...
In This Issue: November 2024
- Ghada Tarawneh discusses how the Central Bank of Jordan is leading the effort to transform Jordan's financial sector to make it more inclusive, efficient, and accessible.
- Ken Yon and Aloysius Chong Kin Faa of PayNet (Payments Network Malaysia) highlight the recently launched National Fraud Portal and its potential for more proactive payments fraud detection.
- Margaret Weichert shares how the The Clearing House, operator of the CHIPS® network for high-value USD payments, is working to enhance cross-border payments and support the future needs of the USD global ecosystem.
- Visa's Cuy Sheffield and Catherine Gu reveal findings from the Visa Onchain Analytics Dashboard to demonstrate how stablecoins are evolving into a payment rail with a multitude of use cases and how tokenisation is poised to unlock a new era in finance.
- All this, plus an in-depth roundup from a busy month in global payments news!
