BIS, PBOC To Launch Renminbi Liquidity Arrangement For APAC Central Banks
The Bank for International Settlements (BIS) has partnered with the People’s Bank of China (PBOC) …
FATF Acts To Diminish Russia's Influence On Organisation
In a move that could be seen as hesitancy, the anti-money laundering (AML) organisation has …
Israel And Hong Kong Central Banks Partner With BIS To Study Cybersecurity Of Retail CBDC
A new partnership with the Bank for International Settlements (BIS) Innovation Hub aims to double …
India’s Central Bank Lifts Ban On New Customer Onboarding At Mastercard
The Reserve Bank of India has lifted a one-year ban on Mastercard onboarding new card …
P27 Test To Start Year-End With Swedish Banks
Thirteen Swedish banks are planning to start testing the Nordic payments platform before the end …
Australian Watchdog Sues Mastercard For Alleged Abuse Of Market Power
Australia’s consumer watchdog has opened a Federal Court case against Mastercard, accusing the payments giant …
SWIFT Nears Completion Of Cross-Border CBDC Payments Study With Capgemini
SWIFT, the global interbank messaging system, has almost completed its latest round of experiments on …
New Zealand: New Retail Payments Act To Impose Interchange Controls On Visa, Mastercard
A new payments act passed earlier this month will ensure that interchange fees in New …
Crypto 'Not Practical' For Payments, But CBDC Could Offer Solution, Says BoE's Bailey
Andrew Bailey, governor of the Bank of England (BoE), has cast doubt on the idea …