Deep Dives

The Central Bank of Brazil has unveiled plans for its upcoming digital currency, Drex, which is set to go live in 2024. This move marks a significant step in Brazil's digital finance revolution, following the success of Pix, the country's instant payment method introduced three years

The launch of the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI) in 2016 marked a paradigm shift in India's payment ecosystem. Necessitated by the fragmented and complex nature of existing payment systems like RTGS, IMPS, and NEFT, UPI aimed to amalgamate various payment