Cross-Border Payments and Market Infrastructure Report from BIS Says Current Challenges with International Money Transfers will be Addressed at G20
The emergence of new Fintech industry participants such as the Facebook-led Libra project have made it clear that the existing, global cross-border payments system can be improved. A Bank for International Settlements (BIS) committee report on Payments and Market Infrastructure (CPMI) has noted that countries… Read More
Read more in: Fintech, Global | Tagged bank for international settlements, bank of england, bis, cpmi, cross-border payments, digital payments, domestic payments, financial stability report, fsb, international payments, International Transactions, jon cunliffe, libra
