AfricaNenda: Eyeing the Bigger Picture: How Digital Innovation Can Help Leave No One Behind

In Africa, the development of Instant and Inclusive Payment Systems (IIPS) and the use of open-source software like Mojaloop offer hopes of speeding up the onboarding of more than 350 million financially excluded adults on the continent.

Arab Monetary Fund: Reflections on the Future of Payments

I see five macrotrends, driven by a combination of consumer preference, technology, and regulation, that will affect the future of payments and define how payments will look in the next couple of years.

PASA: A South African Approach to Interoperability

South Africa is currently transitioning its regulatory landscape to support increased access to the National Payment System (NPS) and to adopt activity-based licensing and regulation for payment service providers. The Payments Association of South Africa…

Visa — Use Cases, Corridors, and Context: Digging Deeper to Improve Cross-border Payments

A closer look at how cross-border payment solutions are meeting end user needs can be invaluable in guiding the public and private sectors’ efforts to make meaningful improvements.

An Inflection Point for Global Payments: Industry Perspectives in 2023 - June Update

Updated! The global payments ecosystem is at a critical juncture, with interoperability, interlinking, accessibility, and collaboration top of mind for 2023. We’re pleased to present the second annual Central Bank Payments News supplement, a collection…

The Digital Pound: A Game Changer for the UK’s Commercial Banks and PSPs

On 7 February, the Bank of England and HM Treasury announced the intention to consult on the introduction of a digital pound. My name is Graeme Donald, I'm retired now and spend my time with my family, on the golf course and travelling. Prior to that…

Open Finance Association: Open Banking — Reaching its Potential as a Pan-European Payment Solution

The Open Finance Association (OFA) believes that a well-functioning, high performing open banking ecosystem, built on instant payments, in accordance with the Instant Payments proposal currently going through the EU regulatory process, can help deliver…

BISIH: Enhancing Payments Through Innovations to Central Banks’ Payment Systems

Technology is revolutionising the provision of financial services. Central banks and other public authorities are identifying the opportunities this opens up, and one response has been to set up innovation functions. The Bank for International Settlements…

To Improve CBDC Technology Research, First Clarify Its Goals

Currently, many CBDC technology projects seem to duplicate past work or conduct work without clear goals, even as key technology questions remain unanswered. How can central banks investigate CBDC and communicate their work more effectively to avoid risks…

ProgressSoft: A Promising Path to Interoperable Cross-Border Payments

By leveraging emerging technologies, and availing infrastructure to seamlessly integrate with those technologies both at a bi-currency level (country-to-country) and at a multi-CBDC level or consortium of multiple countries, a foundation for a truly global…