What's New in Payments

BIS reports on CBDCs in emerging markets

BIS graph showing motivations for CBDC projects in emerging market economies

Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More
















NFC World

Chile explores m-transit

Chile’s Minister of Transport and Telecommunications is attending the Mobile World Congress this week to investigate the potential for introducing mobile transportation ticketing within the next few months, Chilean publication Emol reports... More


NFC World

Chile to get NFC in 2012

The Chilean unit of South Korean electronics manufacturer LG expects some retail stores and perhaps public areas like transport to start experimenting with NFC early next year, Sang Park, marketing manager for mobile communications with LG Electronics, has told BNamericas... More