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Tag: Central Bank

BIS readies for live implementation of Project Nexus in Asia

Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH). Aims to...

ECB publishes progress update on digital euro preparation phase

ECB Digital Euro Progress Report: Key PointsPreparation Phase Progress:The ECB's digital euro preparation phase has been underway...

Al Etihad Payments prepares to launch new domestic card scheme in UAE this month

Launch of Jaywan Card Scheme by CBUAEOverview:The Central Bank of the UAE (CBUAE) is launching a domestic...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International...

BIS opens call to private sector participants for Project Agorá

Objective:Collaborate with private sector financial institutions to explore tokenisation in wholesale cross-border payments. Develop a multi-currency ledger for...

Bank of Ireland invests €34m in customer service enhancements

Bank of Ireland Investment: Bank of Ireland is investing €34 million into its telephony and customer relationship management...

Central Bank of Mauritania partners Giesecke+Devrient for CBDC exploration

Partnership Announcement:The Central Bank of Mauritania (Banque Centrale de Mauritanie) has announced a joint project with German...

UK fintech Unlimit secures new PSP licence to expand into Tanzania

UK-headquartered fintech Unlimit has received authorization as a payments service provider (PSP) by the Bank of Tanzania (BOT). ...

Qatar Central Bank to enable instant payments with new Fawran service

Qatar Central Bank's Fawran Instant Payment Service:Service Launch:Qatar Central Bank is set to launch its new instant...

Egypt’s Alexbank partners Mastercard to advance payments strategy

Mastercard and Alexbank Partnership:Collaboration Overview:Egypt-based Alexbank has partnered with global payments giant Mastercard to enhance its payment...

Unity Trust Bank appoints Colin Fyfe as new CEO

Unity Trust Bank (UTB), the UK's first trade union-owned bank, has appointed Colin Fyfe as its new Chief...

Vast Bank exits cryptocurrency market, closes crypto banking mobile app

Oklahoma-based Vast Bank has decided to exit the cryptocurrency market and shut down its crypto mobile banking app,...