Central Bank

WannaCry Hits Russian Banks
WannaCry Hits Russian Banks
May 22, 2017  |  Security & Fraud

The WannaCry cyberattack that caused headaches across the globe last week compromised some of Russia’s banks, reported Reuters, citing the Central Bank of Russia. According to...

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Global Payments Cybersecurity Task Force A Go
Global Payments Cybersecurity Task Force A Go
September 19, 2016  |  B2B Payments

With the pressure of cybercrime mounting in the financial services space, several central banks of the globe are joining together to figure out a strategy....

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China Cuts Small Business Loan Rates
China Cuts Small Business Loan Rates
November 23, 2015  |  International

China’s central bank cut rates last week on a short-term lending facility that is traditionally used to provide liquidity to commercial (usually small) business lenders,...

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China’s Central Bank Says Tighter Rules Will Help Innovation
China’s Central Bank Says Tighter Rules Will Help Innovation
September 16, 2015  |  News

The Chinese Central Bank is tightening rules for eCommerce companies using third-party payment services to curb illegal transactions and boost innovation. The move comes at...

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In Russia’s Wake, Belarus Wants Visa And MasterCard Alternatives
In Russia’s Wake, Belarus Wants Visa And MasterCard Alternatives
January 19, 2015  |  Europe

Just days after Russia’s central bank said both MasterCard and Visa are back in its good graces, the payment-card giants are being prodded by the...

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India’s RBI Hobbles Mobile Payments
India’s RBI Hobbles Mobile Payments
December 10, 2014  |  Mobile Commerce

While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating...

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