Central Bank

Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments

Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments
Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments
June 24, 2020  |  Cross-border Payments

Brazil’s central bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Get the Full Story...

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Private/Public Partnerships Could Boost Central Bank Digital Currencies
Private/Public Partnerships Could Boost Central Bank Digital Currencies
May 27, 2020  |  Cryptocurrency

The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created...

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Blackrock, Pimco Tapped By Fed To Help Invest Relief Funds
Blackrock, Pimco Tapped By Fed To Help Invest Relief Funds
May 10, 2020  |  Economy

The Federal Reserve is turning to money managers BlackRock and Pacific Investment Management Co. (Pimco) to help it handle bond investments and the purchase of...

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Aruba’s Banks Move To Real Time Payments
Aruba’s Banks Move To Real Time Payments
March 05, 2020  |  Real-Time Payments

All of the banks in Aruba have switched to instant payments (IP) through the use of the Clearing and Settlement Mechanism (IP CSM) of the...

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Mastercard Gets Nod To Join China’s $27T Payments Market
Mastercard Gets Nod To Join China’s $27T Payments Market
February 11, 2020  |  Mastercard

China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion...

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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019
Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In...
February 10, 2020  |  News

In today’s top news, Chinese tech investments in the U.S. have plummeted in recent years, and ransomware cyberattacks have skyrocketed. Also, Karen Webster compares Uber’s...

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Top News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In China
Top News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In...
January 09, 2020  |  News

In today’s top news, Uber drops upfront pricing in California in response to the state’s new gig economy law, and the central bank in China...

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ECB Proposes Tiered Interest Rates To Control Digital Currency Volumes
ECB Proposes Tiered Interest Rates To Control Digital Currency Volumes
January 03, 2020  |  Cryptocurrency

Digital currencies, yes – but with limits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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