Bahamas: Governor's Speech on Actions to Be Taken Towards Modernisation of Payments System

On March 18, 2019, the governor of the Central Bank of the Bahamas delivered a speech titled "The Bahamian Payment System Modernisation: Advancing Financial Inclusion Initiatives", which focused on the need for new policies and regulatory reforms to address best practices in the digital supply of financial services, consumer protection and cybersecurity.

The initiative for digitisation and transformation of the payments system is aimed at:

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