FMI
BoJ discussion paper series – Dec 09
Bank of Japan finds e-money usage does not lower cash-demand
Britain to abolish cheque clearing in 2018
Payments overseer says plans contingent on 2016 review demonstrating alternatives exist
SMEs are pulling through: ECB’s Tumpel-Gugerell
European Central Bank board member says small firms are the backbone of the euro economy and have done well in the crisis; outlines advantages of SEPA for SMEs
Bank’s Bailey links rise in banknotes with turmoil
Bank of England’s Andrew Bailey says crisis has sparked rise in demand for currency; says trend reflected in other major economies
Chakrabarty: mobile payments uptake low in India
Reserve Bank of India’s Kamalesh Chakrabarty says mobile banking yet to take off
North Korea drastically revalues currency
Reports say that the country has slashed two noughts off its currency; imposes a cap on exchanges into new money
RBNZ, stock exchange moot possible payments team-up
Reserve Bank of New Zealand confirms talks with NZX to collaborate on clearing and settlement system
BuBa focused on cutting cash-processing costs: Fabritius
Bundesbank’s Hans Fabritius says central bank working on outsourcing cash processing
Europe to set Sepa migration regulation: Tumpel-Gugerell
European Central Bank’s Gertrude Tumpel-Gugerell says Sepa needs migration date
Trade groups join forces to boost SEPA mobile payments
Mobey Forum and European Payments Council to cooperate in bid to increase use of mobile payments
RBA subsidiary chief ousted in graft probe
Managing director of polymer manufacturer Securency stands down as investigation reveals whistleblowers’ bribe claims ignored; offices and homes raided
Norway enables account holders to switch bank in seconds
Finance ministry ruling paves the way for technology that will make Norway the first country to allow customers to change accounts with ease
Oman signs up to new FX, payments system
Central Bank of Oman’s move represents part of a broader trend by emerging-market central banks to refine operational systems
India announces payments overhaul
Root-and-branch reform will see Reserve Bank of India investigate the introduction of a new RTGS system, a domestic card initiative and mobile payments settlement
ECB publishes inaugural payments oversight report
European Central Bank reports on robustness of payments systems to increase transparency and public understanding
Danes naturals for mobile payments
National Bank of Denmark research suggests that Danish consumers should utilise mobile payments more
Kenya’s Ndung’u praises M-Pesa
Central Bank of Kenya’s Njuguna Ndung’u says M-Pesa mobile payments service improves financial inclusion and provides secure remittances channel
Rwanda launches mobile money scheme
François Kanimba, governor of the National Bank of Rwanda, says the new mobile money system will be closely supervised
Trichet rules out €30 banknote
ECB president Jean-Claude Trichet says the central bank will not issue a €30 bill after lawmaker’s request
RBA’s Payments System Board – Annual Report 2009
Reserve Bank of Australia’s Payments System Board says payments fraud increased
Estonia to meet eurozone inflation target by end of 09
Baltic state “eager and willing” to fulfil Maastricht criteria, says central bank economist
Fed outlines tougher cards regime
Federal Reserve proposes changes to Regulation Z to protect consumers
Bank publishes payments oversight rules
Bank of England extends Core Principles in checklist for how payments systems should be run post-crisis
Indonesia’s Rochadi: cooperate to fight fakes
Bank Indonesia’s Budi Rochadi says central banks need to exchange knowledge to keep up with counterfeiters