RBI recognises SRPA as the SRO for digital payment firms, strengthening governance and compliance for Payment System ...

The RBI has recognised the Self-Regulated PSO Association (SRPA) as an SRO for payment system operators, marking a key step ...

Bangladesh Bank has published a draft regulation aimed at modernising the country's fast-growing digital payment ecosystem, ...

The move follows the RBI’s Framework for Recognition of Self-Regulatory Organisations for Payment System Operators issued in October 2020 and the Omnibus Framework for Recognition of SROs for ...

Any shortfall in this account will attract a penalty equivalent to either the prevailing Standing Lending Facility rate – currently 11.50% – or Tk30 lakh, whichever is lower ...

The omnibus framework contains broad parameters such as objectives, responsibilities, eligibility criteria, governance ...

MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) is seeking tougher penalties for payment system operators that fail to meet regulatory reporting standards, aiming to strengthen a key ...

The Saudi Central Bank (SAMA) announced the release of an updated draft of the “Oversight Framework for Payment Systems and ...

Prize Ai Technologies is launching a pilot program in Australia to integrate digital payments and automated reporting for ...

SRPA will now operationalise its governance, compliance, and supervisory mechanisms in alignment with the RBI’s framework ...

You can think of payments as more than just transactions; they also shape trust, loyalty, and long-term value. Players stay engaged when payments are quick, secure, transparent, and flexible. Most ...

The Bangladesh Bank introduced the long-awaited interoperable payment system on 1 November without two market-leading MFS (Mobile Financial Service) operators, bKash and Nagad. The interoperable ...