Tag: Central Bank
Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...
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 enhance cross-border payments by connecting...
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 since November, with good progress...
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 card scheme named Jaywan through...
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 Payments Limited (NIPL).
Aim: Create...
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 cross-border payments using tokenised commercial...