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The BIS Committee on Payments and Market Infrastructure (CPMI) has announced that it has moved forward with progressing the adoption of its harmonised ISO 20022 data requirements.
cross-border payments, ISO 20022, instant payments, online payments, digital payments
The Bank of England and BIS Innovation Hub have created a prototype system for real-time monitoring of stablecoins' liabilities and backing assets.
regulation, stablecoin, digital assets, compliance, data analytics
The BIS and seven central banks have partnered with the private sector to explore tokenisation's impact on the monetary system.
tokenization, central bank, distributed ledger technology, cross-border payments
The Bank for International Settlements (BIS) Innovation Hub Singapore Centre has developed the Nexus concept of a multilateral network connecting multiple domestic instant payment systems (IPS).
instant payments, real-time payments, Monetary Authority of Singapore (MAS), PayNow, PromptPay