CBPN Latest News
Instant Payments
The Dominican Republic: Towards a New Instant Payment System
Ángel González Tejada on how the Central Bank of the Dominican Republic (BCRD) is preparing to promote a new stage in the modernization of the Dominican Republic's Payment and Securities Settlement System (SIPARD) through the implementation of an instant payment system that will promote electronic p...
Artificial Intelligence
The Role of Financial Regulatory Agencies in Supervising Algorithmic Fairness in Transaction Monitoring
This article from Frans van Bruggen and Robert Schmitz explores the key issues regulators face in supervising algorithmic fairness in transaction monitoring. First, algorithmic fairness is a complex concept with multiple mathematical definitions, and different regulatory bodies may interpret fairnes...
Payment Systems Regulator
Regulating for Growth: Getting the Balance Right
Oliver Hanmer of the UK's Payment Systems Regulator looks at how regulators can support growth, innovation, and competition by striking the right balance between oversight and flexibility.
Fraud
Mastercard’s End-to-End View of Fraud and Cyber Security
Ensuring greater security for consumers in the digital world requires global intelligence of the threat landscape, partnerships, and a holistic approach to cyber defenses. It also entails ongoing investment in innovation and new technologies and a commitment to building global cyber capacity to prot...
ISO 20022
Unifits: The Hidden Costs of Payment Clearings and Silos — A Vision for Global Efficiency
The time is ripe for a coordinated effort to streamline and modernize payment clearings. For central banks and leading policy-makers, addressing inefficiencies is not just about cost savings; it is about preserving financial stability, fostering innovation, and meeting the evolving demands of busine...
Instant Payments
Central Bank of Sri Lanka: Fast Payments for Everyone — CEFTS Implementation in Sri Lanka
In Sri Lanka, the implementation in 2015 of its fast payment system, the Common Electronic Fund Transfer Switch (CEFTS), marked a significant milestone that steered the country's payment infrastructure towards enabling interoperability, innovation, and financial inclusion. Today, CEFTS processes the...
Trinidad and Tobago
Modernisation of the National Payment System: A Perspective from the Central Bank of Trinidad and Tobago
The global evolution of payments is changing the payments landscape of Trinidad and Tobago. The Central Bank of Trinidad and Tobago has seen new players offering new payment services and products. These new products and services, supported by fintech solutions, create new risks to the domestic payme...
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.
In This Issue: April 2025
- Ángel González Tejada, Director of the Payment Systems Department at Banco Central de la República Dominicana, reveals how the central bank is preparing to introduce a new Instant Payment Management System (SGPI) that will bring interoperability, standardisation, expanded financial inclusion and digitalisation, and 24/7/365 real-time availability to the Dominican Republic.
- In-depth coverage of the latest payments news, including updates on the digital pound, Brazil's Pix, and cross-border linkages in ASEAN.
- And we get you updated on the latest personnel movement in the payments world, present a thorough listing of important recent reports and speeches from central banking authorities, and much more.
