All posts tagged "Payments"
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138Fintech / RegtechBOJ Seeks Simple CBDC Design That Promotes Competition
While the BOJ still has no plan to issue CBDC, the inability to ensure interoperability with other countries could create issues for Japan.
October 18, 2021 -
73ChinaPBOC Tightens Rules on Use of Payment Acceptance Terminals
The geographical location of bank card and barcode payment acceptance terminals must be established and monitored to ensure consistency with the merchant's registered location.
October 18, 2021 -
181Fintech / RegtechG7 Ministers Endorse Public Policy Principles for Retail CBDC
Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.
October 15, 2021 -
191ChinaPBOC Vows to Fill Gaps in FinTech Regulation
Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.
October 15, 2021 -
116InternationalCross-border Payments Roadmap Remains Firmly on Track: FSB
The FSB has published a progress report on work to enhance cross-border payments as outlined in the G20 Roadmap last year.
October 14, 2021 -
241FeatureG7 Ministers to Endorse Guiding Principles for CBDC – Report
The principles call for appropriate regulation and oversight, rigorous privacy and data protection standards, and safeguards to prevent fraud and sanctions evasion.
October 13, 2021 -
115EuropeEBA Clearing, SWIFT, TCH Collaborate on Cross-Border Payments
A POC has been completed that uses existing payment systems in the US and Europe to achieve synchronised settlements in cross-border payments.
October 13, 2021 -
135Asia-PacificLaos Central Bank to Explore CBDC Issuance
To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.
October 12, 2021 -
116InternationalCPMI Calls for Solutions to Expand PvP Settlement
Banks and fintechs are invited to share their views on potential solutions to expand PvP settlement to further mitigate FX settlement risk in global markets.
October 8, 2021 -
191FeaturePFMI Applies to Global Stablecoins, CPMI & IOSCO Confirm
The transfer function of a stablecoin arrangement is "comparable" to the transfer function performed by other types of financial market infrastructures.
October 7, 2021
