Bank for International Settlements (BIS) - News, Articles & Research

BIS Innovation Hub opens in Paris and Frankfurt

The Bank for International Settlements has opened its European Hub, located in both Paris and Frankfurt, with a focus on decentralised finance, wholesale CBDC, cyber security and green finance.

29 March 2023

News/payments

NextGen Nordics 2023: Speakers announced!

NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.

27 March 2023

Company announcement/payments

PVP faces a number of barriers to broad adoption - BIS

This final report – issued as part of the G20 cross-border payments programme – focuses on facilitating increased adoption of payment versus payment (PvP) to reduce foreign exchange (FX) settlement risk and improve cross-border payments.

27 March 2023

News/payments

Central banks see future for global instant payments via mobile phones

Central banks in Italy, Malaysia and Singapore have laudeed successful tests of cross-border instant payments via mobile phones.

23 March 2023

News/payments

Central banks conclude cross-border CBDC experiment, Project Icebreaker

Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks of Israel, Norway, and Sweden, has successfully concluded a study on the potential benefits and challenges of using retail central bank digital currencies (CBDC) in international payments.

06 March 2023

News/payments

BIS invites comments on ISO 20022 harmonisation proposals

The Bank for International Settlements has opened a consultation on proposals to harmonise the use of the ISO 20022 financial messaging standard in cross-border payments transfers.

02 March 2023

Company announcement/payments

BIS seeks nominees for cross-border payment taskforce

The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) today invited firms that offer cross-border payment services, payment system operators and relevant industry associations to nominate senior representatives to serve on a newly established task force on cross-border payments interoperability and extension (the "PIE task force").

27 February 2023

News/crypto

BIS chief floats unified programmable ledger to turbocharge payments innovation

A unified programmable ledger could unleash an explosion of innovation in payments and money comparable to the arrival of the smartphone, according to Bank for International Settlements general manager Agustín Carstens.

23 February 2023

News/crypto

BIS Nordics invites vendors to submit tech for offline CBDCs

The Nordic arm of the Bank for International Settlements innovation hub, is inviting technology suppliers to submit ideas for implementing offline functionality in a future central bank digitial currency.

21 February 2023

News/regulation

BIS boss says Big Tech financial rules are "not fit for purpose"

A senior board member at the Bank for International Settlements has called for a co-ordinated regulatory response to restrict the incursions of Big tech firms like Amazon, Apple and Google into financial services, arguing that the current rules are "not fit for purpose".

08 February 2023

News/regulation

BIS Innovation Hub sets sights on stablecoin monitoring

The Bank for International Settlements has set out the plans for its Innovation Hub network in 2023, including work on the systemic monitoring of stablecoins.

08 February 2023

Company announcement/payments

BIS explores multilateral platforms for cross-border payments

Multilateral platforms – cross-border payment systems that are multi-jurisdictional by design – could enhance cross-border payments by reducing the need for intermediaries and allowing payment service providers in different jurisdictions to transact directly with each other.

19 January 2023