The National Bank of Kazakhstan is building payment and digital financial infrastructure in the interests of everyone. These projects are aimed to stimulate competition, increase security and convenience, and, importantly, reduce the cost of financial…
A conversation about instant payments with Deniss Filipovs, Strategic Business Development, and Edgars Bremze, Lead Strategic Product Manager, at Tietoevry
This article describes the elements of the FinTech roadmap that the Superintendencies, the National Council for Supervision of the Financial System (CONASSIF), and the Central Bank of Costa Rica (BCCR), have been implementing for the design of a regulatory…
Offline use may be a critical differentiating factor in the value proposition of a CBDC for end users, compared with its commercial bank card and electronic counterparts. Because consumers understandably do not appreciate the difference between commercial…
The Central Bank Payments News team recently caught up with Dardan Fusha, Director of the Department for Payment Systems at CBK, who filled us in on the implementation of CBK’s National Retail Payments Strategy, plans to enhance legislation and regulation…
The results of the 2021 Banco Central del Ecuador study, Preferences in the Use of Electronic Payments in Ecuador, used the estimation of a logistic model that identified the main characteristics that influence the use of means of payment by the Ecuadorian…
The Cambridge Centre for Alternative Finance (CCAF) has successfully delivered its online capacity building and education programme to more than 1,400 regulators and central bankers from 340+ institutions in over 145 countries via its Cambridge FinTech…
The Bank of Ghana is committed to finding new and innovative ways through policy direction and projects, to promote the growth of MSMEs more than ever before. The Bank continues to support the industry as well as the FinTech ecosystem to bring more benefits…
In this article, we will discuss developments with larger value cross-border commercial payments. The Visa Economic Empowerment Institute (VEEI) research found that small businesses which were digitally enabled and connected to global and regional marketplaces…
In my previous article in this publication a few months after the launch of Buna in 2020, I shared some thoughts on the challenges that cross-border payment systems must tackle to develop and progress. In the past two years, we have been onboarding new…
