AMF: A Practical Guide on CBDC for Arab Central Banks

The main drivers that motivate Arab central banks and monetary authorities to engage in a CBDC project reflect initially the importance of promoting a cashless economy and fostering financial inclusion. The first four drivers are: (i) to move to a cashless…

Central Bank of Eswatini National Payment Systems Vision and Strategy 2025

The Central Bank of Eswatini (CBE) has been proactive in creating an enabling environment for innovation in digital financial services in response to consumer demands and changing market needs. This is evident with the release of the Practice Note for…

Special Feature: Industry Perspectives on Charting the Course for Transformative Payments

How the industry is charting the course for transformative payments in 2022 and beyond with Discover® Global Network, EMTECH, FIS, ProgressSoft, RTGS.global, StoneX, Tietoevry, and Visa.

National Bank of Ethiopia: Innovative and Inclusive Payments

In July 2021, the National Bank of Ethiopia launched its first ever National Digital Payments Strategy, an ambitious initiative that aims to build an innovative payments ecosystem in support of a cash-lite and inclusive economy. Central Bank Payments…

BankservAfrica: Africa’s New Cross-border Payments Scheme is Open for Business

Creating a cross-border payments ecosystem that delivers collaborative value between authorised financial institutions across the Southern African Development Community is possible through a new, world-first African payments scheme that is fully operational.…

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

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!’…

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…

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…

Instant Payments for the Maldives: The Maldives Payment System Development Project

To capitalize on the technological developments in the global payments arena and the country’s strong telecommunication infrastructure, the MMA identified the need for a sound and inclusive, digitally enhanced network that will address the obstacles in…