Instant payments
CNB’s Aleš Michl on tackling inflation, Friedman’s legacy and ditching DSGE
Czech governor speaks about policy mistakes, targeting M2, diversifying into equities and gold, and ending interest on minimum reserves
Three plans for digital payments: India, UK, and BIS
Das, Bailey, and Carstens discuss complementary tech, commercial bank innovation, and common platforms
Digital payments ‘indispensable’ in driving development – Tombini
BIS Americas chief says central banks should continue promoting FPS and CBDCs
SNB launches instant payments system
Swiss central bank says system will enable “final settlement” within seconds, 24/7
DNB study sounds alarm over youngsters’ payment habits
“Fun” justifications for big purchases storing up trouble for future, says research
Palau building blockchain government bond platform
Contract won by Japanese company that co-developed Cambodia’s digital currency
Hungary’s central bank orders faster action over Apple Pay glitch
Lenders deflecting customer complaints is unacceptable, says central bank
Payments Benchmarks 2024 – model banks analysis
Breakdowns of key data from the payments benchmark shed light on how the function is governed
Payments Benchmarks 2024 report – towards tokenisation
Benchmarks highlight optimism on tokenisation, hostility to crypto and efforts to upgrade RTGS
Non-banks in RTGSs: greater efficiency or more risk?
Policy-makers and practitioners from central banks in Brazil, Hungary, Israel, Romania, Rwanda and the US share their perspectives
Central Banking Awards 2024 ceremony honours best in field
Shirakawa receives lifetime award and Brazil is named central bank of the year
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
RBA report looks at cross-border payments
Multilateral platform would be more scalable than bilateral links, Australian central bank says
Moldovan instant payments system used over 100,000 times
Central bank says new system’s use will expand to businesses this year
ECB says iPhone is currently incompatible with digital euro
Apple users may have worse digital euro payments experience – Cipollone
Laos and Brunei join Asian cross-border payments initiative
Laotian and Thai central banks also launch new cross-border payments link
Slight majority of US consumers ‘warm’ to CBDC, survey says
Respondents most interested in free use and widespread market adoption, Philadelphia Fed finds
Denmark to join eurozone’s T2 and Tips systems
National Bank of Denmark expects to fully transition by April 2025
Central Banking Awards 2024: third group of winners revealed
Climate model wins economics award; DNB, Fed and Central Bank of Kenya also recognised
National Bank of Moldova launches instant payments system
US government backs initiative as Moldovan policy-makers seek links with western nations