In part two of our interview with Ledia Bregu, Director of Payment Systems, Accounting and Finance Department for the Bank of Albania (BoA), the conversation turned to AIPS EURO, a new payments infrastructure launched in 2022, Albania’s EU membership…

The Feature article in the August 2020 issue of Central Bank Payments News (CBPN) was authored by the Bank of Albania’s Ledia Bregu. At the time, Albania was less than half-way through its National Retail Payments Strategy, 2018–2023, an ambitious document…

Named after the Swahili word for “one,” the Mojaloop open-source software project was established in 2017 by the Bill & Melinda Gates Foundation to address the lack of guaranteed inclusiveness and interoperability within nations’ payment systems to allow…

AFI’s eight South Asian member institutions came together at the Global Policy Forum (GPF) in September 2022 to launch the South Asia Region Financial Inclusion Initiative (SARFII). With AFI coordinating and facilitating the initiative, members are collaborating…

In this article, we will focus on the various aspects of CBDC that can help drive digitization and promote responsible innovation. We believe digitization will help drive new value created in the global economy in the coming decade. However, the rate…

In this series of articles, the Central Bank of Kenya explores recent developments in payments in Kenya, in line with the Bank’s vision of being A World Class Modern Central Bank. The country's payments ecosystem has undergone major developments and shifts…

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…