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...

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MARKETINSIGHTS Giving you the latest global and domestic developments 

affecting the payments landscape in Australia today.

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