July 29, 2021
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