15 Jan 2020
- Digitisation and the trend towards cashlessness has led some central banks to consider the introduction of a central bank digital currency (CBDC);
- Many central banks have determined that developments in technology (fast-payments innovations in particular) mean that many of the potential benefits of CBDC can be satisfied in other ways and...
6 Jan 2020
On September 2019, EMVCo published the White Paper on Payment Account Reference (PAR);
PAR is a new data element that is assigned to each unique PAN and used to link a payment account represented by that PAN to its affiliated payment tokens;
The purpose of PAR is to allow systems that need to uniquely identify a card or cardholde...
MARKETINSIGHTS Giving you the latest global and domestic developments
affecting the payments landscape in Australia today.