Financial Tribune - The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that regulated forex market is also planned to function on this platform. "Diba is a regulatory platform like Shaparak, which was developed to regulate the operation ...

Al-Monitor | Maziar Motamedi: Iran has for years had to get creative to conduct financial transactions and fight off increasing economic isolation stemming from sanctions. First there were multilateral restrictions imposed by world powers and now unilateral sanctions reimposed by the United States after President Donald Trump abandoned the Joint Comprehensive ...

Financial Tribune - Developed by the Informatics Services Corporation at the behest of the Central Bank of Iran, the banking system is planning to make use of a national cryptocurrency. The national cryptocurrency is launched by the CBI and can be transferred from person to person without intermediaries on a distribution platform, the chief executive ...

IFP - An Iranian central bank official says the country is working to create its homegrown, seamless blockchain platform, which will enable the country to create a money transfer network involving Iran and its allies. Aboutaleb Najafi, who is the CEO of Informatics Services Corporation, an executive arm of the Central Bank of Iran, said the ...

Al-Monitor | Maziar Motamedi: Russia is reportedly making preparations to establish a regional integrated payment network. Iran understandably wishes to join such an endeavor. But what will such a network look like, what will its implications be for Iran and the region, and how will it be received by other countries, especially the United States? The ...

Press TV - Iran says a cooperation agreement has been signed with a Russian provider of banking technological solutions to connect the countrys financial network with global payment systems. The agreement was signed between Irans Informatics Services Corporation (ISC) and Russias BPC Group of Companies. Based on it, the two companies would ...