Central Bank

Companies, Individuals In China Can’t Discriminate Against Cash

Companies, Individuals In China Can’t Discriminate Against Cash
Companies, Individuals In China Can’t Discriminate Against Cash
July 13, 2018  |  Cash

China’s central bank said Friday (July 13) that companies and individuals have to accept cash payments, but that the rule isn’t being applied to online payments...

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India Could Relax Rules On Data With Payment Companies
India Could Relax Rules On Data With Payment Companies
July 11, 2018  |  Legal & Regulation

The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store the data of...

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Japan, Hong Kong Central Banks Link For Faster Payments
Japan, Hong Kong Central Banks Link For Faster Payments
April 11, 2018  |  B2B Payments

The central banks of Japan and Hong Kong are interconnecting their systems to support faster cross-border payments and trade between the two markets, according to...

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Some Swedes Contend Cashless Society Puts The Country At Risk
Some Swedes Contend Cashless Society Puts The Country At Risk
April 04, 2018  |  Digital Payments

While most Swedes have embraced the movement toward a cashless society, there is a growing number who are worried about the rush, with concerns being...

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Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
September 05, 2017  |  Cybersecurity

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try...

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Russian Central Bank Testing Digital Currencies
Russian Central Bank Testing Digital Currencies
June 05, 2017  |  Payment Methods

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. Get the Full Story...

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WannaCry Hits Russian Banks
WannaCry Hits Russian Banks
May 22, 2017  |  Cybersecurity

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. Get the...

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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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