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Payments
Lithuania: Building a Fintech Success Story from a Regulatory Point of View
The ongoing technological transformation in the sphere of financial services has not only improved financial services themselves but also created new opportunities for countries willing to attract innovation. In recent years, Lithuania has emerged as one of the largest centres for fintech companies ...
Payments
BIS - Regulating Fintech: Many Approaches for Many Challenges
New tech-savvy players are entering the financial market left and right. The way they provide financial services would not be possible without the advances in financial technology we have witnessed in recent years. But traditional financial institutions are also increasingly incorporating innovative...
Payments
Recent Evolution of the Retail Payments Market in Hungary
Over the last decade, the Hungarian payments market has gone through a major development, and the use of electronic payment methods is constantly growing. The Central Bank of Hungary (MNB) actively contributed to the favourable processes in line with MNB’s payment strategy. MNB defined two main goal...
Payments
The Case for a Digital Alternative to Cash in South Africa
The Payments Association of South Africa’s Maurits Pretorius and Vinu Thomas detail the rapid growth of digital payments in South Africa and make the case for a cash-lite society
Payments
Dr. Reza Baqir, Governor, SBP Launches Pakistan’s National Payment Systems Strategy to Accelerate Digital Transformation
Sharoon Rasheed and Rehman Pervez from the State Bank of Pakistan’s Payment Systems Department provide an update on the exciting new developments transforming Pakistan’s payments landscape
Payments
BoF-PSS2: Bank of Finland Payment and Settlement System Simulator
The Bank of Finland has provided a multipurpose payment and securities settlement system simulator for the global central banking and research community since 2004. The Bank's Payment and Settlement System Simulator (BoF-PSS2) is a natural outcome for a central bank of a country that has always bee...
IN THIS ISSUE: May 2020
- Martynas Pilkis details how the Bank of Lithuania’s regulatory initiatives have played a crucial role in transforming the country into a fintech hot spot
- Magyar Nemzeti Bank Senior Economic Analyst László Kajdi provides an exclusive update on Hungary’s recently launched instant payments service
- We talk with former ECB Director General of Payment Systems and Market Infrastructures Jean-Michel Godeffroy to get his take on Libra 2.0
- A round-up of this year’s Arab Financial Inclusion Day, plus all the latest news, industry reports, people on the move … and more
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