Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.
February 11, 2021The rules prohibit platform operators from abusing their market dominant positions through behaviour designed to reduce or restrict competition.
February 10, 2021The development of the new system, known as Retail Pay, was backed by a $8mn grant from the Korea International Cooperation Agency.
February 5, 2021The venture will be able to obtain necessary licences for network management activities, for compliance with local regulations.
February 5, 2021The UK model provides lessons to help ensure Hong Kong's open banking ecosystem is able to realise its full potential, say Finastra's Eran Vitkon and Shweta Jain.
February 2, 2021CBDCs need to be linked to a digital identity in order to be useful in achieving financial inclusion, said BIS general manager Agustín Carstens.
January 29, 2021Customer reserve funds must be deposited either at the PBOC or with an eligible commercial bank, and transferred only through a clearing institution.
January 28, 2021Authors should submit research papers by 27 January 2021. Industry expert responses to questions should be submitted by 8 February 2021.
January 26, 2021Six thematic priorities have been set out: suptech and regtech; next-generation FMIs; CBDCs; open finance; green finance; and cyber security.
January 24, 2021If the PBOC identifies a non-bank payment institution as a monopoly, it can advise the State Council's antitrust committee to take action to break up the firm.
January 22, 2021