All posts tagged "Payments"
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588Big PictureCPMI Publishes Stage 2 Report on Enhancing Cross-Border Payments
The report identifies 19 building blocks where further joint public and private sector work could enhance cross-border payments.
July 14, 2020 -
1.1KChinaPBOC Partners with Didi Chuxing to Test Digital Currency
The PBOC has established a partnership with ride-hailing firm Didi Chuxing to test its digital currency in payments.
July 10, 2020 -
1.1KEurope16 Banks Announce Initiative to Digitalise Payments Across EU
The unified payment solution for consumers and merchants across Europe will encompass a payment card, digital wallet, and online and P2P payments.
July 6, 2020 -
1.0KAML / KYCSingapore Authorities Probe Two Companies with Wirecard Links
Citadelle Corporate Services is said to have handled Wirecard monies without a trust business licence. Senjo Group is said to have falsified accounts.
July 5, 2020 -
582Asia-PacificBSP Approves New Payment System Oversight Framework
The BSP will be empowered to designate a payment system as systemically important, and replace its operator for a failure to satisfy regulatory obligations.
July 3, 2020 -
444Big PictureCBDCs Could Amount to ‘Sea Change’ for Payments: BIS
Covid-19 has highlighted unequal access to payment services for low-income and vulnerable groups. CBDCs present an opportunity to address this shortcoming.
June 25, 2020 -
1.3KEnforcement
BaFin Efficacy Called into Question for Wirecard Handling
Last February, BaFin responded to whistleblower allegations and critical media reports by banning short-selling in Wirecard and filing criminal charges against journalists.
June 22, 2020 -
1.1KAsia-PacificBOT Unveils New Project to Use CBDC for B2B Payments
A CBDC prototype developed by Digital Ventures will be integrated with systems at industrial conglomerate Siam Cement PCL and its suppliers.
June 19, 2020 -
1.1KBig PictureVideo: Libra Missteps, CBDC Opportunities, Digital Yuan: Douglas Arner
Douglas Arner explains how Bitcoin, Libra, China's digital currency project, and Covid-19 have each played a role in catalysing what will be a fundamental reorientation of monetary and payment systems.
June 19, 2020 -
310AML / KYC
PBOC Promises Crackdown on Illegal Overseas Gambling
Payments industry stakeholders are directed to strengthen customer identification, report suspicious transactions, and improve surveillance.
June 16, 2020
