Portugal: A Renewed National Strategy to Add Efficiency and Modernisation to Retail Payment Services

Following the successful implementation of the first national retail payments strategy in 2022, new challenges illustrate the dynamic nature of the payments ecosystem paving the way for the adoption of a second edition, with renewed focus and a result…

AfricaNenda: Eyeing the Bigger Picture: How Digital Innovation Can Help Leave No One Behind

In Africa, the development of Instant and Inclusive Payment Systems (IIPS) and the use of open-source software like Mojaloop offer hopes of speeding up the onboarding of more than 350 million financially excluded adults on the continent.

Visa — Use Cases, Corridors, and Context: Digging Deeper to Improve Cross-border Payments

A closer look at how cross-border payment solutions are meeting end user needs can be invaluable in guiding the public and private sectors’ efforts to make meaningful improvements.

Cryptobanknotes: Blockchain-Based Cash for Cryptocurrencies, Stablecoins and CBDCs

Cryptobanknotes are the first generation of hybrid banknotes produced using banknote printing technologies and blockchain technology. They will have their own e-wallet and interact with it using software, thanks to machine-readable codes printed on the…

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…

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…

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

The Pay Off: How Changing The Way We Pay Changes Everything

When we set out to write The Pay Off, How Changing the Way We Pay Changes Everything, we aimed to write a textbook – in part because much of the money storming the payments industry seemed ill informed about how money actually ‘moves.’ But before long…

India: Recent Developments in Payment and Settlement Systems

The Indian payments industry has witnessed remarkable growth, innovation and regulatory support over the last few years. Consequent to the demonetisation of high-value currency notes of ₹500 and ₹1000 in November 2016, the evolution of the digital payments…

Third Solomon Islands National Financial Inclusion Strategy Launch

The Central Bank of Solomon Islands (CBSI) recently launched the National Financial Inclusion Strategy 3, 2021-2025 (NFIS3), which provides the third 5-year roadmap for financial inclusion in the Solomon Islands.