Great new insight on international payments from BIS. Very proud to have contributed to the BIS Innovation Hub Singapore Nexus project together with Mark Munne, Fred Bär and Harry Kodden: how to connect fast payments systems around the world to enable efficient cross border payments.

In many countries today, domestic payments between bank accounts happen in seconds, at near-zero cost, thanks to the growing availability of instant payment systems. Project Nexus from the Bank for International Settlements – BIS Innovation Hub in Singapore, in collaboration with the Monetary Authority of Singapore (MAS) and the National Payments Corporation Of India (NPCI), offers a comprehensive vision for how we can improve the cross-border payments experience by building on the success of instant payments systems around the world. #payments #crossborderpayments #instantpayments #bisinnovationhub #paymentsinnovation

Nexus: a blueprint for instant cross-border payments (bis.org)

• Press release
• Short report
• Technical docs