Can payment systems across multiple jurisdictions (or "multilateral platforms") improve cross-border payments? This article by Cecilia Skingsley and Giuseppe Bruni provides an update on the work to investigate if there could be a role for multilateral pla…

Extended and aligned payment system operating hours and improved access to payment systems are two foundational building blocks to enhance cross-border payments. We have just published two reports on these topics as part of the G20 cross-border payments p…

SLA and payment scheme managers interested in enhancing #crossborderpayments are invited to nominate representatives to a newly established #CPMI task force. Work will feed into the development of a service level template - a deliverable under the #G20 cr…

Pandemic has been a booster for digital and contactless payments & cash in circulation reached a decade high. Find out more in the CPMI Red Book statistics. Congrats to Anneke Kosse, Ilaria Mattei & colleagues for this interesting piece! . #payments #digi…

"FIGI month" will be kicked-off in just a couple of hours. If you are not registered yet, go ASAP to ! . #digitalpayments #financialinclusion #payments #fintech #regtech #remittances #cyberrisks #digitalid #emoney #mobilemoney

. and the WINNERS are! Congrats to the teams Atomic Wire, Mojaloop and The Isonauts (Virtusa & AWS) for winning the Bank for International Settlements – BIS Innovation Hub & SWIFT hackathon! Their solutions synchronise foreign exchange payments, bridge t…

Cross-border payments - let's push the frontiers! Last chance to register and join us at our event on Thursday / Friday this week!. Speakers include central bank governors and executive board members as well as C-level representatives from the key players…

Only a few days left! Register ASAP and join us on Thursday/Friday! Let’s jointly push the frontiers of #crossborderpayments! . #digitalpayments #fintech #financialinclusion #remittances #g20 #compliance #amlcft #cbdc #stablecoins

Are you a developer in payments? We want YOU and your team to join us on our journey to enhance #crossborderpayments. The ISO20022 #hackathon, hosted by the #BISInnovationHub and SWIFT, invites participating teams to develop and showcase solutions that im…

Let's push the frontiers of payments towards a global payments area! Make sure your voice is heard and share your insights! Deadline for industry responses in a bit more than a week! . #payments #globalpayments #crossborderpayments…

RT @BCoeure: A. Carstens also discusses account-based vs token-based access and makes a strong plea for #CBDC to preserve the two-tiered fi….

7 out of 8 central banks in advanced stages of #CBDC work are in EMDEs. Their focus is generally on CBDC for domestic payments, but larger EMDEs with ongoing pilots do also consider cross-border payments efficiency as important. Check out the results of t…

Must-read blog by International Monetary Fund's Kristalina Georgieva and Tobias Adrian on the #G20 #roadmap to enhance #crossborderpayments. As they put it so aptly, the G20 roadmap is "not simply one more report, but a set of conc…

Victoria Cleland, Bank of England's Executive Director for Banking, Payments and Innovation and Chair of the CPMI Cross-border payments Task Force: Faster, cheaper, more transparent, and more inclusive cross-border payment services…

The #G20 has endorsed the roadmap to enhance #crossborderpayments: "The #pandemic has reaffirmed the need to enhance global cross-border payment arrangements to facilitate cheaper, faster, more inclusive and more transparent payment transactions, includin…

Enhancing #crossborderpayments is a #G20 priority. The Financial Stability Board #FSB published today a roadmap, developed with the Committee on Payments and Market Infrastructures #CPMI and others, which aims to make a REAL difference in addressing the e…

Very topical paper on #supervision relating to #correspondentbanking by Rodrigo Coelho, Rastko Vrbaski, Jonathan Fishman & Amer Hassan, featuring many practical examples. The papers finds that legal and regulatory frameworks are consistent with #internati…

RT @suerf_org: #SUERFpolicynote "Inclusive payments for the post-pandemic world" by @RaphAuer, @Jon__Frost, @tom_lammer, Tara Rice and Ambe….

Covid-19 has accelerated the shift to #digitalpayments. This trend offers opportunities and challenges (eg for #financialinclusion, #governmentpayments #cbdc #digitalid #cash). Raphael Anton Auer, Jon Frost, Amber (Watson) Wadsworth, Tara Rice and I are d…

We just published new #correspondentbanking data. The decline of correspondent banks continues (-3% in 2019, -22% between 2011 and 2019), while volume/value of #crossborderpayments continued to grow over the last eight years (ie higher concentration). Cov…