What's New in Payments

IMF reports on digital currencies

IMF managing director Kristalina Georgieva

Around 100 countries are now exploring the potential development and issuance of a central bank digital currency (CBDC), and the challenges and opportunities identified by these research projects reveal a need for “increased international information-sharing of insights learned”, according to an International Monetary Fund (IMF) report... More




NFC World

Chinese researchers create highly flexible NFC circuits using transparent film based on calligraphy paper

HHighly flexible NFC circuit created using transparent film based on calligraphy paper

Researchers at the University of Science and Technology of China in Hefei have developed a pliable high-strength transparent film and demonstrated how it can be used to create NFC circuits that can still be read even after being folded or bent and could be integrated into flexible electronic and optical devices... More





What's New in Payments

More than half of Asia Pacific consumers make digital payments at least once a week

Survey graph showing percentage of Asia Pacific consumers making digital payments on named devices

Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More






What's New in Payments

Beijing offers public transport users discounts to encourage digital yuan fare payments

The Ruubypay app running on a phone

Passengers on bus, subway and suburban rail services in the Chinese capital Beijing can now receive a discount and pay as little as 0.01 yuan for their journey if they use the country’s central bank digital currency (CBDC) to pay their fares from a digital yuan mobile wallet issued by the Industrial and Commercial Bank of China... More