Brazil begins rollout of contactless mobile identity cards

Paper version of Brazil's digital national identity card

Residents of six Brazilian states and the country’s Federal District can now generate a digital national identity card that they can store on their Apple or Android smartphone and use to verify their ID for multiple uses including accessing public services and contactless cross-border travel to other South American countries within the Mercosur region... More



What's New in Payments

BIS reports on CBDCs in emerging markets

BIS graph showing motivations for CBDC projects in emerging market economies

Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More