For October, banks and SFV operators won't have to pay settlement fees when using the FPS for payments from corporates and merchants.
September 27, 2023The FSB is developing recommendations to promote alignment and interoperability across data frameworks applicable to cross-border payments.
September 26, 2023The paper says improving regulatory interoperability can improve the efficiency, security and inclusiveness of cross-border payments, benefiting businesses and individuals.
September 26, 2023The RBI plans to start allowing the use of CBDC in the call money market, which is used for short-term interbank borrowing.
September 8, 2023In the next phase, a PoC will continue testing the Regulated Liability Network for consumer domestic payments involving retail CBDC.
September 7, 2023The update also discusses the FSB's work to address NBFI risks, implement its recommendations on crypto regulations, and respond to climate-related risks.
September 6, 2023Clare Rowley explores how the LEI is uniquely positioned to strengthen the fight against international financial crime.
September 1, 2023NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.
August 31, 2023The inclusion of the SBV has increased the Regional Payment Connectivity group from five to six ASEAN central banks.
August 28, 2023Bank Indonesia, Bank Negara Malaysia, and Bank of Thailand will strengthen cooperation to promote the use of local currencies in bilateral transactions.
August 25, 2023