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…