How can regulators spur Paytech innovation in smaller developed markets to ensure that consumers and businesses in the domestic market are not missing out on new offerings?

With only 0.12% of the world’s population but 8% of the world’s unicorns, Israel enjoys an abundance of local research and development in the high-tech sector. Many of these global Paytech initiatives are developed by Israel-based teams, yet many of their innovations are not offered domestically.

Oded Salomy, Director of the Payment and Settlement Systems Department, asks what measures should be taken—if any—and how far regulators should go to lower domestic barriers to entry for Paytech firms – as published in October 2021 issue of Central Bank Payments News

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Red Book

​The "Red Book" is a report about the payment and settlement systems in Israel. The report comprises three ​main points of focus: an overview on the payment and settlement system in Israel, a description of the main trends and developments in the area and presentation of the relevant statistical data.

Financial Statements

The Bank of Israel's discussions and financial accounts published once a year alongside the Bank of Israel Balance Sheet, Statement of Profit and Loss for December 31 and notes and explanations to the financial statements.

The Clearing House Committee

​The annual report of the Clearing House Committee reviews the committee's activity for the purpose of regulating the transfer of instruments and settlements between the banks, and the activity at the clearing houses against the background of changes in regulations and developments in the economy.