South African Reserve Bank

15 results about this entity

Period: 26 Oct 2010 - 16 Mar 2023

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South Africa's real-time low value payments platform launches

/payments

South Africa's real-time low value payments platform launches

South Africa in beginning the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segment.

Central banks develop prototypes for cross-border CBDC interoperability

/crypto

Central banks develop prototypes for cross-border CBDC interoperability

The Bank for International Settlements and the central banks of Australia, Malaysia, Singapore and South Africa have developed two prototypes for a shared platform that could enable international settlements using digital currencies issued by multiple central banks.

Central banks to develop prototypes for cross-border CBDC settlement

/crypto

Central banks to develop prototypes for cross-border CBDC settlement

The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use of central bank digital currencies (CBDCs) for international settlements.

South African Reserve Bank commences CBDC feasibility study

/crypto

South African Reserve Bank commences CBDC feasibility study

The South African Reserve Bank is to conduct a feasibility study for a general-purpose retail central bank digital currency (CBDC)

SARB issues dark warning over screen-scrapers on Black Friday

/security

SARB issues dark warning over screen-scrapers on Black Friday

The South African Reserve Bank has warned consumers against the use of screen-scraping EFT payments, as bargain hunters flock online for the annual Black Friday shopping spree.

/payments

South Africa ditches paper cheques

The South African Reserve Bank (SARB), Financial Sector Conduct Authority (FSCA), Payments Association of South Africa (PASA) and the Banking Association South Africa (BASA) are jointly communicating to the public that the issuing and the acceptance/collection of cheques will cease, effective from 31 December 2020.

South African central bank hits out at banknote recall scammers

/payments

South African central bank hits out at banknote recall scammers

The South African Reserve Bank (Sarb) has warned the public that it is not withdrawing banknotes and coin because of Covid-19, as criminals carrying fake IDs go house-to-house to collect 'infected' notes.

/startups

South African Reserve Bank to host 12 demo day startups

The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions.

South African Reserve Bank to run fintech demo day

South African Reserve Bank to run fintech demo day

The South African Reserve Bank is calling on fintech firms to pitch their products to an audience of central bankers, regulators and local institutions at a demo day in October.

DNB: DLT substantively inferior to current market infrastructure tech

DNB: DLT substantively inferior to current market infrastructure tech

Following three years of experimentation, the Dutch Central Bank has concluded that blockchain technology fundamentally fails to pass muster as a realistic replacement for current financial market infrastructures.

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.

South Africa's central bank mulls cryptocurrency regulations

South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

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