CBDC Needs a Plan B in Global Crises and Uncertainties

The focus of this article is to consider the relevance of a concern often raised in the context of the development of CBDC, namely the potential bank run scenario. This scenario is one of the justifications for the central bank preference to set limits…

Reserve Bank of New Zealand – Te Pūtea Matua: In Conversation with Ian Woolford, Director of Money and Cash

The Central Bank Payments News team recently sat down with Ian Woolford, Director of Money and Cash at the Reserve Bank of New Zealand — Te Pūtea Matua, for an in-depth discussion on the reserve bank’s Future of Money work program.

Instant Payments: Cornerstone of a Future Digital Payments Ecosystem

A conversation about instant payments with Deniss Filipovs, Strategic Business Development, and Edgars Bremze, Lead Strategic Product Manager, at Tietoevry

Central Bank of the Republic of Kosovo: In Conversation with Dardan Fusha, Director of the Department for Payment Systems

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…

Banco Central del Ecuador: Determining Electronic Payments Preferences in Ecuador

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…

Afghanistan Digital Payments and the Rise of AfPay

The Afghanistan Payments System (APS) was spearheading the modernization of retail banking in the country—and was poised to ride that momentum well into the future—when the Afghan government collapsed in August 2021. Ahmad Shakir Wali, Managing Director…

Discover: The Role of Central Banks in Supporting Domestic Payments Schemes and the Benefits for Their Country

The concept of partnering with an alternative international payments scheme that allows for domestic scheme independence while sharing common technology is a model that provides scale, global acceptance, and standardizes the rules for international transactions.

In Conversation with Mark Gould, Chief Payments Executive, Federal Reserve Financial Services

Central Bank Payments News catches up with Mark Gould, a 30-year veteran of the Federal Reserve System and its first chief payments executive. In his new landmark role, Mark is responsible for leading the full range of cash and payment services provided…