The Nexus Scheme Organisation (NSO), a new entity to be formed by the five central bank partners in Project Nexus, will manage its live implementation.

The Nexus Scheme Organisation (NSO), a new entity to be formed by the five central bank partners in Project Nexus, will manage its live implementation.

The Nexus Scheme Organisation (NSO), a new entity to be formed by the five central bank partners in Project Nexus, will manage its live implementation.

Project Nexus aims to enable cross-border payments by connecting multiple domestic instant payment systems (IPS) globally. The project has produced a comprehensive blueprint for standardising the way that domestic IPS connect, lowering the obstacles for countries that wish to offer instant cross-border payments.

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