Payments & Transfers

Payment infrastructure, instant payments, cross-border transfers, remittances and FX.

Illustration of cross-border payment flows and local settlement

Local settlement remains a hurdle for cross-border payments

Faster global payments have not eliminated local settlement difficulties for many companies, according to Money20/20 panellists cited by Payments Dive.

2 h ago · 1 min read

Industry Guide

The Future of Cross-Border Payments

Cross-border payments are evolving through better data, connected domestic payment systems and new settlement assets. This guide explains how those changes work, what they can improve and why regulation, liquidity and recipient access still matter.

2 h ago · 8 min read

Diagram showing a cross-border payment moving through funding, currency conversion, settlement and local payout

Industry Guide

How Payment Institutions Operate

Payment institutions move money without operating as conventional deposit-taking banks. This guide explains their licences, payment flows, safeguarding arrangements, revenue models and the regulatory differences across six major jurisdictions.

2 h ago · 8 min read

Diagram showing a payment moving from a customer through a payment institution, settlement bank and payment network to a recipient.

Payments & Transfers

CPMI examines central banks’ role as new payment systems reshape risk

A new CPMI report examines how fast payments, non-bank providers, stablecoins and tokenised arrangements are changing payment systems. It identifies policy choices for central banks while reaffirming central bank money’s role as an anchor of trust.

2 h ago · 2 min read

Illustration of central bank money connecting different payment arrangements