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Research and Markets: Opportunities and Risks in the Russian Cards and Payments Market to 2024

Research and Markets: Opportunities and Risks in the Russian Cards and Payments Market to 2024 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
The report provides detailed analysis of market trends in the Russian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, and direct debits during the review-period (2016-20e).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country s competitive landscape, including market shares of issuers and schemes. ....

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Do We Need 'Public Money'? - Speech By Jon Cunliffe, Bank Of England, Deputy Governor, Financial Stability, Given at the OMFIF Digital Money Institute, London

Do We Need âPublic Moneyâ? - Speech By Jon Cunliffe, Bank Of England, Deputy Governor, Financial Stability, Given at the OMFIF Digital Money Institute, London
Date
13/05/2021
The Bank of England has issued banknotes for over 300 years. Jon Cunliffe talks about future of money in the UK in an increasingly digital world.
Speech
I want to talk today about whether we need ‘public money’. I should make clear that I am not talking here about public spending but rather about the form of money itself: by ‘public money’ I mean money issued by the state to its citizens for everyday use. ....

United Kingdom , Miranda Hewkin Smith , Julian Schelle , George Barton , Ben Dovey , Christina Segal Knowles , Andrew Hauser , David Copple , Jon Cunliffe , Lee Foulger , Andrew Bailey , Cormac Sullivan , Central Bank Digital Currency , Financial Policy Committee , Monetary Policy Committee , Pounds Sterling , Faster Payments System , Big Tech , United Kingdom Fintech Week , Task Force , Big Techs , Payment System Regulator , Financial Policy , Shiv Chowla , Ridheema Manek , Nicholas Butt ,

Cross-Border Payments Fintech Wise Now Offering Hong Kong Residents Option to Send Money Using Only Mobile Phone Numbers

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Cross-Border Payments Fintech Wise Now Offering Hong Kong Residents Option to Send Money Using Only Mobile Phone Numbers
UK-headquartered Fintech firm
Wise, previously doing business as TransferWise, has introduced a feature allowing Hong Kong residents to receive money from overseas by simply using their cell phone number (through the
Faster Payments System or FPS).
With this new feature from the cross-border Fintech Wise, recipients are able to share their name and either their cell phone number, email address or a unique FPS ID with the sender so that the transaction can be completed. This makes the payments process easier because users need not exchange complicated bank account details and codes. ....

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Global Payments Newsletter, April 2021 | Hogan Lovells

Surveys and Reports
Regulatory Developments
United Kingdom: FCA publishes feedback statement on Open Finance
Some of the key findings that the FCA draws out in its feedback statement are:
A legislative framework would be needed for open finance to develop fully, both to provide any statutory right to data access and to support a regulatory framework.
In addition to the regulatory framework, the following building blocks would be needed for a sustainable open finance ecosystem to develop – either in support of voluntary adoption or to support future legislation:
consumer protections informed by an ethical framework;
a liability model;
an implementation entity that is funded and governed equitably; and ....

New York , United States , United Kingdom , Republic Of , Saudi Arabia , South Korea , French Republic , Randalk Quarles , Hogan Lovells , Rachel Kent , Kay Swinburne , Al Kelly , Axis Bank , Sales Organisation , Financial Market Authority , Financial Action Task Force , International Settlements , Saudi Central Bank , Monetary Authority Of Singapore , Committee On Payments , Jp Morgan , European Commission Retail Payments Strategy , York Metropolitan Transit Authority , Financial Services Compensation Scheme , Basel Committee On Banking Supervision , Ministry Of Economy ,

Belarus may join Russia's Fast Payment System in mid-2022

Belarus may join Russia's Fast Payment System in mid-2022
eng.belta.by - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eng.belta.by Daily Mail and Mail on Sunday newspapers.

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