Three of Japan’s largest banking groups have signed up to participate in a study group that aims to build a “digital settlement infrastructure using valuable digital currencies”... More
Brazil’s central bank will turn on a national instant payments network in November that will allow consumers to make payments and transfers “in a few seconds, 24 hours a day, seven days a week, including between accounts of different institutions” using QR codes, NFC, their mobile phone number, email address or taxpayer ID... More
The Reserve Bank of India (RBI), the country’s central bank, has issued the final set of guidelines for new rules designed to enable mobile wallet users to easily make payments and transfer funds to users of competing mobile wallet services... More
The Reserve Bank of India (RBI) has released its framework for payment and settlement systems with a view to moving the country towards a “less-cash” society... More
Korean card issuers will adopt biometric recognition solutions from September following clearing from the Financial Services Commission... More
The Bank of England is consulting external experts on research designed to help set future policy which includes considering the effects of issuing its own Bitcoin-like digital currency... More
The Austrian bank’s CardMobile service allows low value transactions to be aggregated, removing the need for each transaction to be authorised individually while still keeping a full audit trail of purchases made. More
Feed for stories about Settlement.