Mobile banking
Kenyan president reappoints Njoroge as governor
Governor has been a fierce defender of Central Bank of Kenya’s independence
Zambia deputy governor emphasises importance of female financial inclusion
Survey data reveals extent of gender disparity in market
Bank of Uganda poised to take control of mobile money services
Deputy governor stresses need for regulation in financial institutions
Kenya’s financial inclusion rate passes 80%
Mobile banking has helped inclusion rates increase by over 200% over the last 13 years, but the technology has also introduced new risks
Bank of Mexico and Amazon to co-operate on mobile payments system
Central bank aims to tackle low banking levels through digital payments
Danish mobile phone use cuts cost of P2P payments
Widespread adoption of technology fosters more efficient operations
Sub-Saharan Africa could be fintech hub – IMF author
Wider adoption of mobile banking provides platform for further developments, says Amadou Sy
The role of e-cash in China
The use of e-cash stored on integrated circuit cards notably reduces cash handling fees and increases security. It also offers greater convenience notwithstanding the rise of mobile payments
Thailand and Cambodia join forces on QR code network
Central banks to pilot QR code network for retail payments
Payments and market infrastructure development: Reserve Bank of Australia
The RBA has spearheaded the development of an upgraded retail payment system that includes real-time settlement
Fed launches banknote app for children
App provides details of security features, mimicking raised intaglio print through vibrations
Mexico unveils measures to foster financial inclusion
Plan intends to promote digital payments, facilitate access to credit and deepen capital markets
Mozambique sources new payments IT provider after dispute
Payment dispute pushes central bank to speed up unification of payment systems; US-based firm chosen to supply computer system for interbank network
Beyond payments: central bank digital currency
The issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond the zero lower bound
Mobile phones boost financial inclusivity in Cambodia – paper
Phone users more likely to open financial accounts and invest using microcredit
Payments changes far more important than bitcoin, Carstens says
Work on card and mobile phone payments is of “immense importance” – BIS general manager
HKMA launches new faster payments system
New system will reduce transaction time and scrap interbank fees
Number of bank accounts in Malawi up 64 % in six months – governor Kabambe
Digital financial services reducing the number of people unbanked in Malawi, says governor
Cameroon faces risks from microfinance links to banks – IMF staff
Rise of mobile banking is making microfinance sector more vulnerable, report says
PBoC warns businesses not to reject cash
Businesses are being given one month to rectify their practices
Singapore central bank aims to eliminate cheques but not go cashless
MAS board member reveals new details of scheme to allow payments by QR codes
Singapore and India launch fintech co-operation scheme
The countries plan to establish real-time payments links
Sarb launches its first app-based quarterly bulletin
User feedback reveals current format is cumbersome and “static”; central bank partners with external firm to create new app
Mobile money taking off in Rwanda – report
Central bank documents an increase in both users and volume of transactions across mobile financial services