Thank you for the opportunity to participate in today’s policy panel on Central Banking and the Future of Payments. The global payment system is being reshaped in ways few could have imagined a decade ...

Financial crimes exert enormous direct costs on society by supporting a wide range of criminal predicate offences, including fraud, trafficking, illegal trade in arms and terrorism. Such crimes ...

Also known as instant or real-time payments, fast payments are characterized by the instant transmission of the payment message and by the immediate availability of funds to the beneficiary on a ...

Policymakers in many countries aim to increase the uptake of retail digital payment systems. This Note examines whether interoperability can help achieve this goal. We provide a conceptual framework ...

Ukraine’s military intelligence (HUR) disabled Russia’s SPB fast payment system, which is used to transfer funds supporting the war in Ukraine, a source in the agency told the Kyiv Independent on Sept ...

Also known as instant or real-time payments, fast payments are characterized by the instant transmission of the payment message and by the immediate availability of funds to the beneficiary on a ...

MANILA, Philippines — The Philippines is emerging as a key player in the Association of Southeast Asian Nations (ASEAN) ’s efforts to build a seamless, inclusive and secure cross-border payment system ...