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…
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.…
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
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!’…
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…
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…
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…
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…
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.
Based on the experience and regulations of other countries, such as the United Kingdom, Singapore, and Brazil, Decree 1692 of 2020 sets a new architecture for the low value payment system in Colombia. It adds objectives and principles for the operation…
