The e-CNY app now allows foreigners to top up their digital wallets using global payment networks Visa and Mastercard.
September 27, 2023UOB will restrict payments to and from Myanmar accounts, card transactions for Myanmar individuals and banks, and close Myanmar banks’ nostro accounts.
August 10, 2023The move allowed travellers to pay for goods and services across China, where mobile payments are needed for most basic necessities.
July 22, 2023The PoC tested a theoretical CBDC and bank deposit tokens on a shared multi-entity distributed ledger to enable domestic and cross-border payments.
July 10, 2023Banks and other card issuers will have to provide options for customers to freely choose which card networks processes their payments.
July 6, 2023The RBA seeks to prevent any one debit network from being given routing priority at issuance for domestic transactions.
June 24, 2023Project Rosalind explored how a universal and extensible API layer could connect central bank and private sector infrastructures and facilitate retail CBDC payments.
June 19, 2023The RBA had set an expectation that merchants would be offered least-cost routing by end-2022, but the industry did not meet this timeline.
May 24, 2023HSBC, StanChart, BOCHK, CCB, ICBC, Hang Seng Bank, Alipay, Ripple, Visa, Mastercard and ZA Bank are among those involved in HKMA's pilot.
May 19, 2023FS-ISAC member firms including Barclays, CME Group, Mastercard and Santander are participating in the so-called 'Locked Shields' exercise this year.
April 20, 2023