Page 11 - Settlement Systems News Today

In view of the end of the financial year 2022-23, the Reserve Bank of India (RBI) has directed all banks to keep their branches open till the working

With the annual closing of accounts scheduled for March 31 as the financial year 2022-23 is ending, the Reserve Bank of India (RBI) has directed all banks to keep their branches open till working hours of the above-mentioned date.In a letter to ...

Luxembourg and EU moved forward with blockchain and Distributed Ledger Technology. EU DLT Pilot Regime applies to all traditional financial instruments within the meaning of MiFID II 3 issued, recorded, transferred stored using blockchain or distributed ledger technology

The move comes after more than two years of proof-of-concept experiments by the BoJ around the digital yen, even as China's digital yuan continues to lead the CBDC race globally

A significant proportion of these products include Uganda’s leading exports to the African continent

The Chief Executive of Ghana Interbank Payment and Settlement Systems, Mr Archie Hesse, has urged the public to sign on to GhanaPay to experience the convenience and efficiency that comes with the mobile service. According to him, the service was designed to give the user maximum utility. GhanaPay is similar…

The Delhi HC ruled that Payment Aggregators (PAs) fall under the definition of Payment Systems and can therefore be regulated by the RBI.

PhonePe, one of the pioneers in India’s digital payments ecosystem, is on track to meet the RBI’s card tokenization deadline. While speaking at an industry event, its founder Sameer Nigam said regulation is welcome.

Ghana Seeking To Deepen Ties With Kenya In New Ruto Era – Vice President Bawumia

Ghanas digital financial services industry, most notably the market for mobile money services, has grown significantly during the pandemic. To achieve full digital financial inclusion, however, the country still must build capacity, skills, trust, and security.