China's central bank plans to fast-track the development of a cross-border yuan payment system by 2026 as part of efforts to ...

Digital payments are often presented as a way to bring more people into the financial system. Mobile wallets, online ...

The Payment Systems Regulator (PSR) has published a policy statement (PS25/2) on its new compliance monitoring framework, setting out the scope of its monitoring work, its approach to compliance ...

Earlier this year, Payments Canada reportedly conducted a public consultation on proposed changes to Rule H6, which provides the framework for processing bill payment remittances via the Automated ...

In today's digital landscape, ensuring the reliability of payment systems is essential to maintaining trust and operational efficiency. Shivansh Chandnani, along with his co-author Ajay Nagrale, ...

Russia is spearheading BRICS’s push for a cross-border payment system using national currencies and digital assets. The initiative aims to strengthen BRICS’s financial infrastructure and reduce ...

Policymakers in many countries aim to increase the uptake of retail digital payment systems. This Note examines whether interoperability can help achieve this goal. We provide a conceptual framework ...

ASEAN's drive towards regional economic integration includes developing a cross-border digital payment system for seamless financial transactions and promoting the use of local currencies, aiming to ...

Around the world, governments are paying renewed attention to Digital Public Infrastructure (DPI), which is the foundational ...

Bank Indonesia Governor Perry Warjiyo has stressed that reforms to strengthen the payment system industry are a crucial ...

The Central Bank of Nigeria (CBN) has commenced the development of a new framework for the country’s payments ecosystem. The apex has unveiled the Nigeria Payments System Vision 2028 (PSV 2028). The ...