Central Bank

Liberia’s Lost $100M Found In Central Bank

Liberia’s Lost $100M Found In Central Bank
Liberia’s Lost $100M Found In Central Bank
March 01, 2019  |  Cross-border Payments

Two of Liberia’s central bank officials have been detained over widespread malpractice at the bank related to $104 million in missing bank notes. Get the...

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
January 15, 2019  |  B2B Payments

Concerns over IT and cyber risk may be speed bumps for FinTechs desiring a national stage, as the Fed eyes access to the nuts and...

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China Puts Visa, Mastercard Applications On Hold
China Puts Visa, Mastercard Applications On Hold
January 14, 2019  |  Cross-border Payments

China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar...

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China To Help Private Businesses With Lower-Cost Credit
China To Help Private Businesses With Lower-Cost Credit
January 07, 2019  |  Cross-border Payments

Lawmakers in China are looking at ways to help private businesses that are having a hard time refinancing debt, reported Reuters. Get the Full Story...

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EU Works To Quell Chaos Post-Bank Failures
EU Works To Quell Chaos Post-Bank Failures
January 07, 2019  |  Banking

Launched in 2016, the Single Resolution Board (SRB) aims to make sure that the failure of one major bank does not impact the EU’s entire...

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Russian Central Bank Ends FX Competition
Russian Central Bank Ends FX Competition
December 28, 2018  |  B2B Payments

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. According to...

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Sweden’s Central Bank Favors Digital Currency
Sweden’s Central Bank Favors Digital Currency
October 26, 2018  |  Europe

As the Riksbank seeks to adapt to a society that is turning to cashless payment methods, the Swedish central bank is considering issuing a digital currency....

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WhatsApp Caves To India Payments Data Demands
WhatsApp Caves To India Payments Data Demands
October 09, 2018  |  Legal & Regulation

WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data...

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