JoPACC: Jordan Marks a Decade of Digital Financial Services Developments and Innovations

The past decade has been a game-changer for Jordan's financial ecosystem, especially in terms of digital financial services and financial technology. In the first half of the decade, the country saw major developments in digital infrastructure, legislative…

Discover Global Network: Advances in Technology Bring a World of New Approaches to Payments

How can central banks, banks and domestic payment schemes utilize P2P digital wallet solutions to gain access to traditional point-of-sale methods of payment, giving more local control over domestic payments, while easing the technical and operational…

Visa: How CBDC Can Help Drive Digitization and Responsible Innovation

In this article, we will focus on the various aspects of CBDC that can help drive digitization and promote responsible innovation. We believe digitization will help drive new value created in the global economy in the coming decade. However, the rate…

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…

BENEFIT Company: In Conversation with Shafaq Alkooheji, Head of Payments Services

ProgressSoft speaks with Shafaq Alkooheji, Head of Payments Services at the BENEFIT Company, about the development, launch, and adoption of e-cheques in Bahrain, part of the Central Bank of Bahrain’s broader digital transformation strategy.

OeNB Explores Blockchain for Digital Assets and Payments

In 2021, the Oesterreichische Nationalbank (OeNB) joined forces with OeKB CSD GmbH, the Austrian Treasury (the Republic’s debt management office OeBFA), Raiffeisen Bank International AG and Erste Group Bank AG to launch DELPHI, a joint research project…

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…

AMF: A Practical Guide on CBDC for Arab Central Banks

The main drivers that motivate Arab central banks and monetary authorities to engage in a CBDC project reflect initially the importance of promoting a cashless economy and fostering financial inclusion. The first four drivers are: (i) to move to a cashless…

Central Bank of Eswatini National Payment Systems Vision and Strategy 2025

The Central Bank of Eswatini (CBE) has been proactive in creating an enabling environment for innovation in digital financial services in response to consumer demands and changing market needs. This is evident with the release of the Practice Note for…