China has released an action plan to promote the use of the yuan and its own payment system in international trade, as it seeks to reduce its dependence on the dollar amid an escalating trade war ...

Two significant developments highlight this evolution: the ongoing progress of the Real-Time Rail (RTR) payment system and the vibrant discussions at the 2025 Payments Canada SUMMIT. These ...

Countries in the Nordic region are leading the way in digital payments, with cash usage across the region falling to below 10%, and digital mobile payment ... a bank’s IT system goes down ...

A pair of Democratic lawmakers in New York are asking the state’s Department of Financial Services to halt X owner Elon Musk from starting a payment system on his platform. Assemblyman Micah ...

But this is not simply a matter of economic calculations. Far more importantly, the GPN and QRIS are a manifestation of sovereignty over our national payment systems. Areas of economic sovereignty ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of ...

The European Union’s framework for systemically important payment systems (PSs) and central securities depositories/securities settlement systems (CSDs/SSSs) has ...

A pair of Democratic lawmakers in New York are asking the state’s Department of Financial Services to halt social media company X owner Elon Musk from starting a payment system on his platform.

This book makes a practical contribution to increased understanding of payment system design and management and of the relationship between the payment system and monetary policy.

This paper develops a composite risk indicator to evaluate the criticality of participants in a large value payment system network, combining liquidity risk and interconnections in one approach, and ...

In order to facilitate the broad and safe adoption of fast payment systems (FPS), operators and implementers have a variety of tools at hand. With the rise of point-of-transaction innovations and ...