Moscow Metro reports on face biometric ticketing adoption

Woman on Moscow Metro using face biometric ticketing

Passengers travelling on the Moscow Metro and Moscow Central Circle services in the Russian capital paid for a total of around 32m journeys using the network’s FacePay biometric contactless fare payment system and more than 220,000 new users registered to use FacePay during 2022, Moscow Metro reports... 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