Currency Research Global Payments Week 2024

A high-profile delegation of central bankers and innovators in the payments industry will be heading to Kuala Lumpur, Malaysia, this June for the Currency Research Global Payments Week 2024. To find out more about the themes guiding the events — the Central…

In Conversation with Zeynel Abidin Avcı and Bilgehan Kürsad Öz of the Central Bank of the Republic of Türkiye

The Central Bank of the Republic of Türkiye (CBRT) is playing a catalytic role in the development of a “robust and innovative payment landscape,” most notably with the establishment in 2021 of an instant payment system and, more recently, its work on…

RTGS.global: Why Cross-Border Payments in Opportunity Markets are Ripe for Disruption

At RTGS.global we recently facilitated a series of frictionless cross-border payments and settlements between a group of progressive institutions in three rapidly growing markets: Uzbekistan, Tajikistan and Georgia. This saw five banks, across three separate…

AfricaNenda: Digital Payment Access is Steadily Increasing. What Barriers Remain?

The instant payment ecosystem in Africa continues to show increased dynamism, as the number of instant payment systems (IPS) expands and more transactions run through them, as documented in the State of Inclusive Instant Payment Systems in Africa 2023…

GLEIF - Fighting Crime with Transparency in Cross-border Payments: The Need for Universal Entity Identification

The Legal Entity Identifier — as a unique global identifier — can solve the critical problem of insufficient transparency in counterparty identification in cross-border payments ecosystems. Why? Adding the LEI as a data attribute in payment messages allows…

Decoding ISO 20022: Lessons for Cross-Border Payments

As ISO 20022 adoption gains momentum, we believe that policymakers and the broader financial services community can leverage insights from the last 15 years of ISO 20022 implementations, while also drawing from card networks’ more than 40 years of experience…

In Conversation with Binur Zhalenov of the National Payments Corporation of Kazakhstan

Central Bank Payments News spoke to Binur Zhalenov, Chief Executive Officer of the National Payments Corporation of Kazakhstan, about the evolution and future of the Digital Tenge, its place within a broader digital revolution, and lessons Kazakhstan’s…

Asian Development Bank: Project Tridecagon — Connecting Payment and Settlement Systems of 13 Asian Countries with DLT/Blockchain

In June this year, the Asian Development Bank (ADB) published the report Connecting Market Infrastructures in ASEAN+3: The Project Tridecagon Proof of Concept. The report explained the result of the proof of concept (POC), which aimed to connect key market…

In Conversation with Igor Velickovski, Manager, Payment Systems Department, National Bank of the Republic of North Macedonia

Our tour of the Western Balkans continues this month as we catch up with the National Bank of the Republic of North Macedonia’s Igor Velickovski, who discusses the transformative role of a recently enacted law on payments, North Macedonia’s SEPA ambitions,…

RTGS.global: Three Years On, Is the G20 Roadmap for Cross-border Payments Set to Usher in a New Spirit of Public-Private Collaboration?

It will likely be private sector innovation that provides the key to unlocking faster, safer, more efficient, and less expensive cross-border payments. The private sector is well placed to advise on and illustrate the practicalities of how to improve…