- PAYMENT AND SETTLEMENT SYSTEMS IN INDIA: VISION – 2021
Strategy · 5 May 2019
Building on Vision 2018, the document aims to push India further towards a “less-cash, less-card” economy by expanding digital payment options (like UPI, IMPS, NEFT), scaling acceptance…
- Project mBridge: Connecting economies through CBDC
Solution · 5 June 2024
Project mBridge reached the minimum viable product (MVP) stage in mid-2024. The project aimed to explore a multi-central bank digital currency (CBDC) platform shared among participating central banks…
- DCASH: Towards A Digitally Inclusive Future
Blog · 27 August 2025
In this blog published by the Eastern Caribbean Central Bank,Karina A Johnson reflects on the outcomes of its pioneering DCash pilot, describing the initiative as a foundational step toward a more…
- Jens Weidmann: Banking union and regulatory reforms - mission accomplished?
Speech · 21 November 2014
Keynote speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, at the 24th Frankfurt European Banking Congress, Frankfurt am Main, 21 November 2014.The views expressed in this speech are…
- Michelle Doyle-Lowe: Effective oversight is vital to the smooth operation of our payments system
Speech · 25 February 2025
Remarks by Ms Michelle Doyle-Lowe, Deputy Governor of the Central Bank of Barbados, at the World Bank Payments Oversight Training Seminar, Bridgetown, 25 February 2025. The views expressed in this…
- Nina Stoyanova: Banks and business
Speech · 2 December 2020
Speech by Ms Nina Stoyanova, Deputy Governor and Head of the Banking Department of the Bulgarian National Bank, during the video conference "Banks and Business", organized by the Capital newspaper, 2…
- Project Meridian FX: exploring synchronised settlement in FX
Solution · 25 April 2025
Project Meridian FX has successfully demonstrated that cross-border foreign exchange (FX) transactions can be settled safely and efficiently by connecting wholesale payment systems, such as Real-Time…
- Promoting the harmonisation of application programming interfaces to enhance cross-border payments: recommendations and toolkit
Report · 15 October 2024
CPMI Papers | 15 October 2024PDF full text (2,812kb) | 46 pagesThe electronic exchange of payment data is vital to contemporary commerce and finance. Application programming interfaces (APIs) are…
- Raghuram Rajan: IDRBT Banking Technology Excellence Awards - Governor's remarks
Speech · 18 July 2016
Remarks by Dr Raghuram Rajan, Governor of the Reserve Bank of India, at the 12th IDRBT (Institute for Development and Research in Banking Technology) Banking Technology Excellence Awards function…
- Bank of England, Monetary Authority of Singapore and Bank of Thailand to Explore Synchronised FX Settlement Across Borders
News · 13 November 2025
The Bank of England, Monetary Authority of Singapore, and Bank of Thailand have launched a joint initiative to explore synchronised settlement mechanisms for foreign exchange transactions. Building…
- BCRA-Transfers 3.0
Solution Documentation · 30 November 2025
BCRA uses an interoperable monitoring layer to oversee the Transferencias 3.0 ecosystem. This allows the regulator to track real-time fund flows across different digital wallets and banks to ensure…
- Let's speak the same language: a formally defined model to describe and compare payment system architectures
Report · 15 April 2025
The authors propose a formally defined model to represent three key functions of payment system architectures: issuance/withdrawal, holding and transfer of funds; using a precisely defined syntax.…
- The National Bank of Cambodia Formally Joins the Regional Payment Connectivity Initiative
News · 8 April 2025
Cambodia's central bank has officially joined the Regional Payment Connectivity initiative, bringing the total ASEAN signatories to nine. Announced in Kuala Lumpur during the Malaysia-Cambodia…
- Bangladesh Bank to launch an interoperable payment system with Gates Foundation support
News · 15 September 2025
The FCA has unveiled a key partnership and launched two techsprints to advance open finance, building on the foundations of open banking. As part of its wider digital innovation agenda, the FCA’s new…
- Building Digital Payments Ecosystems: Digital Financial Infrastructure, Access to Finance, and the UN Sustainable Development Goals
Report · 3 September 2025
We are now at that halfway point in terms of the United Nations Sustainable Development Goals (SDGs), with the 2030 target getting ever closer. This article examines how digital payments innovations…
- Digital Finance, COVID-19 and Existential Sustainability Crises: Setting the Agenda for the 2020s
Report · 12 February 2021
This paper examines how the digital financial infrastructure that emerged in the wake of the 2008 Global Financial Crisis is being tested and leveraged to meet some of the financial, economic and…
- Harvesh Seegolam: Opening of the informative session on the MauCAS and the SADC and COMESA cross-border payment systems
Speech · 16 December 2020
In this 2020 address, Governor Harvesh Seegolam outlines a transformative vision to elevate the Mauritian payment ecosystem to global standards. Recognizing that traditional banking "silos" hindered…
- Project Aurum: a prototype for two-tier central bank digital currency (CBDC)
Solution · 20 October 2022
The BIS Innovation Hub has completed its first retail central bank digital currency (CBDC) system. Project Aurum was carried out by the Innovation Hub's Hong Kong Centre in partnership with the Hong…
- 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…
- Call for Information: Big tech and digital wallets
RFP · 15 July 2024
Digital wallets represent one of the most significant ways in which big technology firms are playing an important role in the payments landscape. The PSR and the FCA are looking to gather focused…
- Point-of-sale proof of concept
Solution · 15 May 2024
The Bank of England conducted a point-of-sale proof of concept to test whether a potential UK digital pound could be used for everyday in-store payments using existing payment infrastructure. The…
- 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…
- 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…