Tagged: cpmi

Cross-Border Payments and Market Infrastructure Report from BIS Says Current Challenges with International Money Transfers will be Addressed at G20

July 15, 2020 @ 10:50 pm By Omar Faridi |

The emergence of new Fintech industry participants such as the Facebook-led Libra project have made it clear that the existing, global cross-border payments system can be improved. A Bank for International Settlements (BIS) committee report on Payments and Market Infrastructure (CPMI) has noted that countries… Read More

Fintech can Promote Greater Financial Inclusion but Certain Challenges Must be Addressed: Report

April 15, 2020 @ 7:20 am By Omar Faridi |

Financial technology (Fintech) can promote greater financial inclusion by facilitating faster and cheaper digital payments. However, these opportunities come with their certain challenges, according to a report published by the World Bank and the Committee on Payments and Market Infrastructures (CPMI). The report covers the… Read More

Read more in: Fintech, Global | Tagged cpmi, england, financial inclusion, uk, united kingdom, world bank