Bank of Israel: Spurring Paytech Innovation in Smaller Developed Markets

In recent years, at the Bank of Israel we have resolved to lead game-changing initiatives in the payments space. Our intent is not only to close gaps that have emerged between Israel and the global payments scene, but also to proactively lead in areas…

Improving Cross-Border Payments

A conversation between Samia Ferradj, Head of Sales Europe, FX Payments at StoneX and Jean-Michel Godeffroy, Former Director General of Payment Systems & Market Infrastructure at the European Central Bank and Chairman of the Central Bank Payments Conference

The Case for Open Regulation in Georgia

The National Bank of Georgia (NBG) has embarked on a journey to develop a new fintech-friendly regulatory toolkit under the umbrella of the Open Regulation Framework (ORF). The risk-based supervisory approach, which is embedded in the DNA of NBG, was…

Launching AfricaNenda in a Post-Covid World: Accelerating the Scale-Up of Inclusive Instant Payments in Africa

AfricaNenda is a newly founded independent, African-led organisation created to accelerate the growth of instant and inclusive payment systems that will benefit all Africans, including the poorest and currently financially excluded. ‘Nenda’ means ‘go!’…

Inside the Cambridge FinTech and Regulatory Innovation Programme

The Cambridge Centre for Alternative Finance (CCAF) has successfully delivered online capacity building and education to more than 1,000 regulators and central bankers from 220 institutions in over 135 countries via its Cambridge FinTech and Regulatory…

Central Bank of the Future Project Examines Technology and Financial Inclusion

The central bank of the future must adapt to changing technologies to provide a financial system that works for all. Over the last three years, the University of Michigan’s Center on Finance, Law & Policy (CFLP) and the Bill and Melinda Gates Foundation…

Regulatory Collaboration on Innovation in South Africa: The Whole is Greater Than the Sum of its Parts

During 2016, the SARB became increasingly involved in working groups with international standard-setting bodies focused on fintech innovation, which prompted reflection on the potential implications for South Africa, the region and the continent. The…

PHB and UNCDF: Building Inclusive Digital Transformation Strategies in the Context of COVID-19

The online course on “Planning and building inclusive digital transformation strategies in the context of COVID-19 to meet the SDGs and Agenda 2063” was recently offered on the e-learning platform of the African Institute for Economic Development and…

The Pay Off: How Changing The Way We Pay Changes Everything

When we set out to write The Pay Off, How Changing the Way We Pay Changes Everything, we aimed to write a textbook – in part because much of the money storming the payments industry seemed ill informed about how money actually ‘moves.’ But before long…

Uzbekistan: Ensuring Stability of the Payment System

Over the last decade, the Central Bank of Uzbekistan (CBU) has significantly modernized its payment systems and services to meet the preferences of businesses and consumers in the digital era. As in many jurisdictions across the globe, Uzbekistan’s digital…