The Payments Association

OCTOBER 14, 2024

The flaws in prevailing central bank digital currency (CBDC) designs and suggestions for improving them. The designs broadly share a set of characteristics that, by and large, reflect a common set of mistaken assumptions that reveal important flaws in the prevailing CBDC proposals. What is this article about? Why is it important?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

DECEMBER 14, 2020

The Modern Central Bank Sandbox, according to the release, will help smooth out challenges in banking with things like "exclusion, KYC, SME lending, cross-border payments, AML/fraud," and will also enable them to innovate safely with effective oversight and quicker time to market.

Central Bank 93

Central Bank Cross-Border Payments Cross-Border CBDC 93

The Payments Association

MARCH 19, 2025

The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. The question is not if but how severe and far-reaching these new rules will be.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Neopay

MAY 28, 2024

The discussion focused around 6 main areas, namely: (i) regulatory and market developments and financial stability outlook, (ii) banking and anti-money laundering (AML), (iii) sustainable finance (iv) capital markets (v) asset management, and (vi) digital finance and artificial intelligence (AI).

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Money Laundering AML AI 52

Finovate

DECEMBER 22, 2023

. “At Refine intelligence, our mission is to help banks regain that superpower of really knowing their customers’ life stories, so their financial crime teams can quickly clear AML or scam alerts triggered by legitimate customer activity. We work with Risk, Financial Crime, BSA and AML teams.

Financial Inclusion 64

Financial Inclusion Automation AI Financial Crimes 64

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends 120

Payments Trends Digital Currency Distributed Ledger Technology (DLT) Cross-Border Payments 120

Fintech News

FEBRUARY 27, 2024

The Reserve Bank of Australia (RBA) also played a crucial role by exploring the concept of retail and wholesale Central Bank Digital Currencies (CBDC) through its eAUD pilot programme , which focused on a wide array of use cases and essential legal aspects.

APACS 132

APACS Regulations Stablecoins Cryptocurrency 132

Fintech News

MAY 8, 2024

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC 125

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 125

Fintech News

MAY 29, 2025

Licensed issuers must meet strict requirements in areas such as reserve asset management, redemption at par value, AML/CFT compliance, risk management, and auditing standards. Instead, the emphasis has been on the Digital Currency Electronic Payment (DCEP) system, Chinas official CBDC. million (US$2.8

Stablecoins 89

Stablecoins Regulations Issuers Digital Currency 89

The Paypers

JUNE 25, 2025

The FATF also strengthened its Recommendation 1 earlier in 2025 to encourage countries to promote financial inclusion and to reinforce the expectation that AML, CFT, and CPF controls have to be implemented through a proportionate and risk-based process.

Financial Inclusion 36

Financial Inclusion AML Financial Crimes Underserved 36

The Payments Association

APRIL 14, 2025

These assets will be subject to standards akin to those applied to traditional payment service providers, covering areas such as capital requirements, governance, operational resilience, and anti-money laundering (AML) compliance. For firms operating in or entering the crypto space, this signals a decisive regulatory pivot.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Payments Association

MARCH 18, 2025

During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Senator Lee has been among the most vocal opponents of a US CBDC, expressing concerns about potential government overreach.

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88