The new start date is aligned with the ECB's decision to delay the launch of T2. The new 20 March 2023 start date is "definitive", SWIFT said.
October 28, 2022The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022A two-tier prototype system was developed to test intermediated CBDC as well as stablecoins backed by CBDC in the interbank system.
October 25, 2022The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.
October 11, 2022The experiments show SWIFT can enable central banks to connect their CBDC networks to all other payment systems in the world through a single gateway.
October 6, 2022Banks can clear USD, GBP, EUR, CAD and JPY through the RTGS system starting from 4 September. CNY clearing will be allowed "soon".
September 2, 2022The RBI carried out a review of payment system charges, which consumers complain are “high and non-transparent”.
August 19, 2022The FSB's recommendation that the LEI should be used more widely in payments will catalyze increased global LEI adoption, says GLEIF's Clare Rowley.
August 9, 2022CPMI received "numerous promising proposals" for new solutions that may be capable of processing FX transactions that currently settle on a non-PvP basis.
August 2, 2022Payment-related operational incidents have impacted banks, their customers, as well as other financial institutions, including in the securities sector.
July 31, 2022