Payments
RBNZ opens payment system to non-banks
Second phase will accept applications from payment service providers and overseas deposit-takers
Central Banking Awards 2025: final winners announced
Last group of awards includes governor of the year and lifetime achievement
US dollar dominance: beyond the ‘exorbitant privilege’
Biagio Bossone argues that dollar ‘seigniorage’ extends into the very structure of global finance and its ‘exorbitant privilege’ is worth up to $804 billion annually
Central Banking Awards 2025: third group of winners released
Paraguay recognised for market infrastructure and IMF for work on AI, as green and FMI awards also unveiled
People: Sarah John to become BoE’s COO
Plus: Bank of Russia’s former deputy governor joins commercial lender VTB
Eurozone outlines payment verification system
ECB says new service will build on work by Portuguese and Latvian central banks
Working group minutes: facing up to CBDC adoption challenges
Participants at Cape Town meeting saw drawbacks to digital currency versus other payment methods
Fintech Benchmarks 2025 – executive summary
Benchmarks shed light on research priorities, progress with CBDC and use of cloud
Moldova joins Single European Payments Area
Central bank hails “historic decision” that it says will save citizens €12 million annually
Fintech Benchmarks 2025 report – supervising security
Benchmarks highlight how technological advancement needs to go hand in hand with tougher security
Fed researcher unveils card fraud simulation model
Author says paucity of data means simulation is increasingly important in study of payment fraud
Digital euro could aid EU competitiveness – Cipollone
ECB board member argues for CBDC as bank says national card payment schemes are declining
Iraq to develop CBDC as part of wider digitisation drive
Central bank governor says e-payment methods will gradually supplant paper money
Preference for cash ‘can inhibit digital payment innovations’
Panellists at Central Banking Spring Meetings discuss hurdles and opportunities in sector
Fed researchers unveil more secure payment system model
Byzantine fault tolerant system can process 110,000 transactions per second
RBI unveils exclusive internet domains for banks and non-banks
Central bank also proposes additional authentication factors for cross-border payments
Norges Bank considers joining T2
Norwegian central bank says it anticipates deal could be reached this year
Rwanda and Ghana to connect payment systems
Rwandan central bank governor reveals plans to increase financial inclusion with CBDC, microfinance
India reports hundredfold growth in digital payments since 2012
Central bank’s deputy governor says cross-border payments remain expensive and slow, however
Central banks need to step up their crisis management plans
Patrick Honohan argues that robust preparation can better protect reputations in the event of a crisis
Vietnam and Laos launch local currency settlement framework
Central banks also set up cross-border QR payments link