- The transformative power of innovation in the financial system.
Speech · 4 September 2024
Central banks have a duty to innovate and build technology - Cecilia Skingsley, Head of the BIS Innovation Hub. Speaking at the opening of the Bank of Mauritius Innovation Hub, Skingsley underscored…
- Central Banks prioritise legacy instant payment systems over CBDCs
Survey, News · 30 November 2024
According to the latest Future of Payments survey by the Official Monetary and Financial Institutions Forum (OMFIF), central banks increasingly favor legacy instant payment systems, like the US…
- Colombia's digital inclusion strategy is bolstering financial inclusion
News · 7 August 2024
The Central Bank of Colombia (Banrep) is leading a large-scale digitalization project to strengthen financial inclusion , especially for women and the most remote communities. The Colombian…
- Currency Research hosts landmark payments industry events in February 2025
Event · 17 February 2025
Currency Research is hosting two major payments conferences back-to-back in Paris this February, offering leaders from central banks’ payment divisions, regulatory bodies, payment service providers…
- EBAday 2025 convenes banking leaders for payments innovation summit in Paris
Event · 27 May 2025
This event brought together payments and transaction banking professionals for a comprehensive summit addressing instant payments implementation, financial crime prevention, and cross-border…
- Finextra's NextGen Nordics 2025 to address digital resilience and innovation
Event · 13 February 2025
Scheduled for April 29 in Stockholm, the event will focus on key developments in financial services, including Digital Operational Resilience Act (DORA) compliance, EU's Instant Payment Regulation…
- Nexus Global Payments (NGP) launches as operational entity to transform cross-border payments
News · 3 April 2025
A consortium of five central banks from India, Malaysia, the Philippines, Singapore and Thailand has formally established NGP in Singapore. This milestone transforms the initiative from a BIS…
- RBI’s unified payment interface (UPI) to be extended to 20 countries
1 June 2024
The RBI has said that it intends to extend its instant payments system to 20 countries in the next five years, with the project scheduled for completion by 2029. The financial authority will work…
- Project Nexus finalizes detailed plan to link domestic instant payment systems (IPS) globally and gears up for live implementation.
News · 1 July 2024
The Bank for International Settlements (BIS) and partners have announced the completion of a comprehensive blueprint for phase three of Project Nexus, which will allow ready participants to work…
- European Union (EU) adopts instant payments regulation.
News · 26 February 2024
The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will allow people to…
- BIS Committee on Payments and Market Infrastructures (CPMI) reports to G20 on fast payment system interlinking and APIs to provide insights and recommendations to enhance cross-border payments.
News · 15 October 2024
The CPMI has published two reports offering insights into enhancing cross-border payments by facilitating the interlinking and interoperability of payment systems. The report on the interlinking of…
- Bank for International Settlements (BIS) releases details of planned cross-border payments proof of concept (POC)
13 February 2025
The BIS Innovation Hub has released an interim report on Project Rialto, a groundbreaking initiative aimed at transforming the $800 billion retail cross-border payments market. In collaboration with…
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