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12 Results from /retail, "South African Reserve Bank"

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South Africa's real-time low value payments platform launches

South Africa in beginning the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segment.

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Central banks develop prototypes for cross-border CBDC interoperability

The Bank for International Settlements and the central banks of Australia, Malaysia, Singapore and South Africa have developed two prototypes for a shared platform that could enable international settlements using digital currencies issued by multiple central banks.

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Central banks to develop prototypes for cross-border CBDC settlement

The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use of central bank digital currencies (CBDCs) for international settlements.

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South African Reserve Bank commences CBDC feasibility study

The South African Reserve Bank is to conduct a feasibility study for a general-purpose retail central bank digital currency (CBDC)

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SARB issues dark warning over screen-scrapers on Black Friday

The South African Reserve Bank has warned consumers against the use of screen-scraping EFT payments, as bargain hunters flock online for the annual Black Friday shopping spree.

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South African central bank hits out at banknote recall scammers

The South African Reserve Bank (Sarb) has warned the public that it is not withdrawing banknotes and coin because of Covid-19, as criminals carrying fake IDs go house-to-house to collect 'infected' notes.

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South African Reserve Bank to run fintech demo day

The South African Reserve Bank is calling on fintech firms to pitch their products to an audience of central bankers, regulators and local institutions at a demo day in October.

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DNB: DLT substantively inferior to current market infrastructure tech

Following three years of experimentation, the Dutch Central Bank has concluded that blockchain technology fundamentally fails to pass muster as a realistic replacement for current financial market infrastructures.

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South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

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Cryptocurrencies, sandboxes and blockchain experimentation top Sarb fintech agenda

The South African Reserve Bank has set out the primary objectives of its recently-established fintech task force, assigning priority to cryptocurrency regulation, sandbox and accelerator assessments, and blockchain experimentation.

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South African central bank sets up full-time fintech unit

South Africa's Reserve Bank has established a three-man fintech unit to monitor the impact of new technology developments on deposit taking, payments, lending, insurance, and investments.

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Southern Africa plans Sepa-style payments harmonisation

A project run by central banks of the 15-member Southern African Development Community aims to complete a pilot project harmonising the payment infrastructures of the four Rand Monetary Area countries within two years.