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.
On 7 February, the Bank of England and HM Treasury announced the intention to consult on the introduction of a digital pound. My name is Graeme Donald, I'm retired now and spend my time with my family, on the golf course and travelling. Prior to that…
The Open Finance Association (OFA) believes that a well-functioning, high performing open banking ecosystem, built on instant payments, in accordance with the Instant Payments proposal currently going through the EU regulatory process, can help deliver…
Technology is revolutionising the provision of financial services. Central banks and other public authorities are identifying the opportunities this opens up, and one response has been to set up innovation functions. The Bank for International Settlements…
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…
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…
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…
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…
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…
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.
