Ghana becomes first African country to introduce universal QR code
Both smart and ‘yam’ phones can pay through QR codes.
Central Bank
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
What the Fintech? Episode 4 | Partnerships: till death do us part
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
US banks roll back lending to European companies
“We are increasingly observing an ‘America first’ attitude among large US banks.”
Singtel’s NCS and NETS to develop electronic payments platform for central banks
The firms will also create a “next-generation” suite of central banking products.
COVID-19: Weekly wrap
FinTech Futures’ weekly coronavirus news wrap.
Trump’s COVID-19 stimulus plan needs to swap checks for digital dollars
The potential for a CBDC to make such disbursements more efficient and effective is multi-faceted.
Top 10 coronavirus initiatives by governments and regulators
A brief overview of how governments and financial regulators have reacted to coronavirus.
US Federal Reserve pours $2.3 trillion into financing economy
“This funding will assist households and employers of all sizes,” says the Fed.
China calls on banks to lend more aggressively to small businesses
Analysts say cheaper loans will help the broader Chinese economy weather the current slowdown.
Japan’s $1tn stimulus offers $18,000 to small businesses
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Coronavirus exposes gaps in innovation
The pandemic has given fintechs a time to shine.
France’s central bank opens applications for digital currency experiment
Applications are due by 15 May 2020.
ECB calls for bank bonus moderation
The ECB will act against banks which don’t comply.
Russia’s PM introduces new bill for fintech sandboxes
These new sandboxes will be subject to lighter regulations.
Draft coronavirus stimulus bill considers ‘digital dollar’ to help unbanked
House Democrats have drafted a bill which, if enacted, would create a ‘digital dollar’.
Stock markets decline as coronavirus crisis worsens
A further wave of dividend suspensions and cancellation of buybacks were announced.
Central banks free up US dollar liquidity amid coronavirus pandemic
The price on the US dollar liquidity swap arrangements will go down by 25 basis points.
Aruba’s banks switch to instant payments with equensWorldline
The digitisation of payments has been “a challenging project” for the island.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
New Zealand’s central bank launches new market infrastructure with Italy’s Sia
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
Sweden starts piloting e-krona on R3’s Corda platform
Sweden’s CBDC is using R3’s Corda Enterprise Blockchain platform.
Video: Top fintech stories this week – 14 February 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 11 January 2020
FinTech Future’s weekly news round-up.
BoE’s Carney says finance is too slow on tackling climate change issues
Carney is due to become the United Nations’ special envoy for climate change.
From stablecoins to central bank digital currencies
In the sCBDC model central banks would focus on their core function: providing trust and efficiency.
Bank of Mongolia picks Intellect’s Central Banking Solution
The central bank’s digital transformation is part of a national vision for the economy.
What the future of payments and cryptocurrencies will look like
Three key factors currently preclude cryptocurrency from gaining widespread payments acceptance.
Sound practices: fintech implications for banks and supervisors
The BCBS research paper identifies ten key implications and related considerations for the industry.
Central Bank of Trinidad and Tobago in tech modernisation with Simcorp
Central Bank of Trinidad and Tobago has signed for the Simcorp Dimension investment management platform.
Bank of England recovers from IT issues
Resolves technology communications problems following a regular internal IT update.
State Bank of Pakistan completes major core banking tech upgrade
Moving from Temenos’ Globus G11 to T24 R15.
Central banking and fintech: a brave new world?
This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilising force for the UK economy, inspiring others in the world of central banking.
Bank of Lithuania to offer regulatory sandboxes for fintechs, calls for public feedback
Fintech companies will soon be able to test their products in Lithuania by creating customised regulatory sandboxes under the supervision of Bank of Lithuania.
Top fintech stories this week – 2 June 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Sweden’s central bank goes live on Intellect Quantum system
Sweden’s central bank, Sveriges Riksbank, has finally gone live on Intellect Design Arena’s Quantum Collateral Management Solution (QCMS). The bank signed for the system back in 2013. QCMS provides automation of market operations and intraday liquidity provision, and Intellect says Riksbank will benefit from real-time control, multiple collateral pools and “better cover” over the exposure […]
Central Bank of Armenia revamps tech with Intellect Design Arena
India-based software vendor Intellect Design Arena is to provide its Intellect Quantum Central Banking System (QCBS) to Central Bank of Armenia.
TCS Bancs wins AU$13.6m core banking system contract with Reserve Bank of Australia
Reserve Bank of Australia (RBA), the country’s central bank, has made a decision to overhaul its core banking technology with TCS Financial Solutions’ Bancs system.
