On May 28, 2018, the Payments Policy Department of the Reserve Bank of Australia (RBA) produced a report that assesses the Reserve Bank Information and Transfer System (RITS), which operates as...
The UK’s Payment Systems Regulator (PSR) has issued a reminder to the financial sector that its competition powers extend well beyond the eight institutions it oversees directly, after revealing...
On May 18, 2018, the Bank of England released two staff working papers, no. 724 and no. 725, which outline the research currently being undertaken by staff in relation to central bank digital...
On May 17, 2018 the National Bank of Ukraine (NBU) published a report on payment cards for daily cashless operations, which highlights that Ukrainians are increasingly adopting payment cards for...
Federal U.S. regulators have sought to assuage concerns that new due diligence rules for financial institutions could prove overly onerous and result in de-risking of customers.
In his speech on May 10, 2018, Ernest Addison, the governor of the Bank of Ghana (BoG), announced the official launch of the mobile money interoperability project, which aims to modernise the...
On May 9, 2018, the European Payments Council (EPC) released a statement from John Maynard, the chair of the Mobile Proxy Forum (MPF), on the upcoming standardised proxy lookup (SPL) service, which...
On May 9, 2018, Danmarks Nationalbank, the Danish central bank, published a report on the assessment of the country’s national retail payment systems, namely Sumclearing, Intradagclearing and...
UK regulators have said the long-awaited consolidation of two interbank fund transfer systems will be transformative for the country’s payments sector.
On April 22, 2018, the Banking Supervision Department of the Bank of Israel announced the publication of draft amendments to directives that apply to credit card companies and card payment...
On April 22, 2018, the Bank of Israel published the 2016-17 Red Book, which presents the major developments that took place during this time period with regard to national regulation and...
On October 18, 2017, the Payment System Act B.E 2560 (2017) was published in th Thai Government Gazette, upon its aproval by the National Legislative Assembly. The act purposes to centralise the...
Cross-border payments firm TransferWise has become the first non-bank financial firm to open a settlement account at the Bank of England and connect directly to a UK interbank system.
On April 17, 2018, the Open Banking Implementation Entity (OBIE) published a statement informing the public that regulated entities are now able to offer both customers and businesses new Open...
On April 13, 2018, the Reserve Bank of Australia (RBA) published its half-yearly financial stability review, aiming to assess the current status of the financial system and the risks that could...
Malaysian authorities are pushing ahead with efforts to transform the country’s digital payments sector, demanding fair and open access to payment infrastructure for non-bank financial services...

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