Payments System News Today

gps. the global public square. welcome to all of you in the united states and around the world. im fareed zakaria coming to you from new york. today on the program. exclusive interview with the secretary of treasury janet yellen. is inflation defeated. how likely is a recession? will americas small banks survive? are the sanctions against russia really biting? ill ask her all that and more. also highly classified documents from the pentagon. leaked on the internet. military plans in th...

The government is expected to publish the Brexit Strategy in an hours time. The white paper will set out its priorities for negotiations with the European Union after Parliament Takes the First Step Towards britain leaving the union, as mps vote overwhelmingly in favour of triggering article 50. Last night mps voted 498 to 114 in favour of approving legislation which gives the Prime Minister the power to start negotiations with european leaders. 47 labour mps, one in five, voted against the bill...

Wont be made until the end of the season, following a heavy Champions League defeat. Good afternoon and welcome to the bbc news at one. President trumps most senior diplomat is making his debut on the International Stage at the g20 summit in germany. The new us Secretary Of State Rex Tillerson is meeting russias foreign minister Sergei Lavrov this lunchtime at a time when contacts between the Trump Administration and moscow are under the spotlight. The Us State Department says mr tillerson will ...

At least 14 of the 17 directors who initially survived the ongoing purge at the Central Bank of Nigeria (CBN) have been sacked. Since he took over the apex bank, Yemi Cardoso has embarked on major reforms, which include pruning the staff number. Daily Trust had reported how some senior…

The Finance Ministry unveiled a special Rs 90 denomination coin marking the 90th anniversary of the RBI.

John emphasizes that cash is a crucial element in our financial system, indispensable in crises, vital for local economies, and a cornerstone of community banking.

Unified Payments Interface or UPI, developed by National Payments Corporation of India (NPCI), has been a runaway success and is already operational in some countries, including Singapore and the UAE. Its monthly volume in the country crossed the 100-billion mark many months ago. RBI is in discussion with more central banks in other countries. Dismissing the criticism that NPCI, set up by RBI and other financial institutions, has become a monopoly, Shaktikanta Das said, it is the best creation...

MUMBAI: The number of frauds in the banking sector during the first half of the current financial year has increased substantially to 14,483 cases, al.

By John Lee. The Central Bank of Iraq (CBI) has decided to establish the "National Company for Electronic Payment Systems in Iraq," marking a qualitative development in the country's financial infrastructure. The new company will be responsible for efficiently developing, operating, and managing national electronic payment and settlement systems, introducing new elements to enhance the

SYDNEY (Reuters) -Australia's central bank is considering a slate of new regulations for the payments system to open the use of mobile wallets, make costs more transparent and allow retailers to put surcharges on buy-now-pay-later services. In a speech on Tuesday, Reserve Bank of Australia (RBA) Governor Michele Bullock also outlined efforts to support the struggling business of moving cash around the country and plans to modernise the direct entry system used for salaries and welfare paym...