BIS

BIS Innovation Hub, APAC and African banks test digital currencies

CIO Tech Team

Results will inform development of global and regional platforms for improving cross-border payments.  The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, Monetary Authority of Singapore and South African Reserve Bank will join forces to test the use of central bank digital currencies (CBDCs)…

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BIS Innovation Hub and MAS pushes out global real-time retail payments network connectivity

Lilia Guan

Model builds on successful connection of Singapore and Thailand’s national payment networks. The Bank for International Settlements Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) today published a proposed blueprint for enhancing global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus ,…

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