The global payments ecosystem is at a critical juncture, with interoperability, interlinking, accessibility, and collaboration top of mind for 2023. We’re pleased to present the second annual Central Bank Payments News supplement, a collection of updates…
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…
In part two of our interview with Ledia Bregu, Director of Payment Systems, Accounting and Finance Department for the Bank of Albania (BoA), the conversation turned to AIPS EURO, a new payments infrastructure launched in 2022, Albania’s EU membership…
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…
The Feature article in the August 2020 issue of Central Bank Payments News (CBPN) was authored by the Bank of Albania’s Ledia Bregu. At the time, Albania was less than half-way through its National Retail Payments Strategy, 2018–2023, an ambitious document…
Currently, SEACEN reaches out to 35 central banks (19 member central banks, 8 associate members, and 8 observers), and the Centre collaborates with 28 strategic partners in the areas of macroeconomic and monetary policy management, financial stability,…
While the first two words of CBDC relate to central banks, they are not the sole stakeholders of the technology. But where do commercial banks and other financial institutions fit into this disruptive transformation, what will their role look like, and…
In this series of articles, the Central Bank of Kenya explores recent developments in payments in Kenya, in line with the Bank’s vision of being A World Class Modern Central Bank. The country's payments ecosystem has undergone major developments and shifts…
The Central Bank Payments News team recently caught up with Dardan Fusha, Director of the Department for Payment Systems at CBK, who filled us in on the implementation of CBK’s National Retail Payments Strategy, plans to enhance legislation and regulation…
When considering CBDC versus mobile money, the similarities between the two technologies outweigh their differences. Yet, CBDC is said to be different from any other type of payment instrument including mobile money, card payments, or electronic funds…