Centro de Innovación Financiera: Creating the Regulatory Framework for Fintech in Costa Rica - The Leading Role of the Regulator in a Small Economy

This article describes the elements of the FinTech roadmap that the Superintendencies, the National Council for Supervision of the Financial System (CONASSIF), and the Central Bank of Costa Rica (BCCR), have been implementing for the design of a regulatory…

CCAF: Third Anniversary of the Cambridge FinTech and Regulatory Innovation Programme

The Cambridge Centre for Alternative Finance (CCAF) has successfully delivered its online capacity building and education programme to more than 1,400 regulators and central bankers from 340+ institutions in over 145 countries via its Cambridge FinTech…

Bank of Ghana: Enabling MSME Growth Through FinTechs

The Bank of Ghana is committed to finding new and innovative ways through policy direction and projects, to promote the growth of MSMEs more than ever before. The Bank continues to support the industry as well as the FinTech ecosystem to bring more benefits…

The COST Action on FinAI: Exploration of FinTech Through a Research Project

Supported by European Cooperation in Science and Technology (COST), the FinTech and Artificial Intelligence in Finance (CA 19130) Project consists of three working groups (WG): WG1 focuses on the transparency in FinTech, WG2 focuses on the transparent…

Bank of Japan: Pursuing Safety and Efficiency of the Payment and Settlement System as a Whole

In 2016, the Bank launched the FinTech Center in the Payment and Settlement Systems Department. Since its inception, the Center has engaged in efforts to encourage novel technologies that would contribute to the further convenience and efficiency of financial…

Bank Al-Maghrib: Steering the Evolution of Payments in Morocco

As part of the implementation of its 2019–2023 strategic plan, whose motto is “To be an efficient, innovative Central Bank and a force for change at the service of the country,” Bank Al-Maghrib strengthened in 2020 its positioning as a catalyst for innovation…

Special Feature: Industry Perspectives on Charting the Course for Transformative Payments

How the industry is charting the course for transformative payments in 2022 and beyond with Discover® Global Network, EMTECH, FIS, ProgressSoft, RTGS.global, StoneX, Tietoevry, and Visa.

Central Bank of Montenegro: How to Boost Banking and Payment Innovation in a Small Developing Economy

Fostering innovation brings with it different challenges depending on the level of development, market size or even the geographic position of a country. When compared to the frontrunners, small markets face barriers that are much more challenging than…

Bank of Israel: Spurring Paytech Innovation in Smaller Developed Markets

In recent years, at the Bank of Israel we have resolved to lead game-changing initiatives in the payments space. Our intent is not only to close gaps that have emerged between Israel and the global payments scene, but also to proactively lead in areas…

Inside the Cambridge FinTech and Regulatory Innovation Programme

The Cambridge Centre for Alternative Finance (CCAF) has successfully delivered online capacity building and education to more than 1,000 regulators and central bankers from 220 institutions in over 135 countries via its Cambridge FinTech and Regulatory…