CBDCs are reshaping national payment systems - central banks are piloting digital versions of fiat currencies to modernise payments, which are expected to improve security, efficiency, and ...

The Central Bank of Kuwait (CBK) has issued a circular to all local banks regarding the updated working hours for the Kuwait ...

The government has abolished the payments regulator and will move responsibilities to Financial Conduct Authority ...

Kenya’s Cabinet has approved a proposal by saccos to integrate into the national payment system (NPS) in a move aimed at reducing over-reliance on bank loans and taking over financial products and ...

Fees for international payments currently average 1.5% for businesses and all the way up to 6.3% for remittances. Payments can take up to several days to reach recipients. This system hinders global ...

TASS/. Washington’s sanctions won’t affect the operation of the Russian payment system, a source in the press service of the National Payment Card System (NSPK) told TASS, adding that it will ...

Iran is proactively developing independent payment systems that facilitate trade using national currencies. This strategic pivot aims to create a robust financial infrastructure that can operate ...

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The Deputy Governor of the Central Bank said that today amid a rapidly shifting frontier, the country needs to both catch up ...

The Treasury Department's Office of Inspector General on Friday said it was launching an audit of the security controls for the federal government's payment system, after Democratic senators ...