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Observations on a Year of Payments

A year ago, payments expert Jeremy Light started a substack called ‘Agenda: Payments’ with the aim of helping readers around the world keep track of national payment landscapes and payment themes. He has recently posted data on reader response to 50 articles written across nine broad categories, giving an indication of where their focus and interest lie.

Switzerland: Cash to be Enshrined in the Constitution

Swiss lawmakers have unanimously voted to enshrine the right to use cash i…

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Cash Payment Habits and Infrastructure for Resili…

In times of crisis, cash is increasingly recognised for its resilience. At an IMIA organised roundtable, Päiv…

UK Cash Down But Not Out

A survey by UK ATM network LINK found that people under 45 in the UK tend …

CBDC News

Reuters reports that China’s State Council is considering allowing the use…

Editors Choice

Brazil Loses $148 Million To Hackers in Less Than Three Hours

In Brazil, hackers have gained access to funds worth BRL 800 million ($148 million), held in accounts at the Banco Central do Brasil (BCB). They achieved this by exploiting the valid credentials of an employee associated with the BCB’s instant payment network Pix. The implications and consequences of this incident have led to doubts about the cybersecurity of Brazil’s financial system.

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