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BIS – Faster Digital Payments: Global and Regional Perspectives

Summary
The BIS report explores the advancement of digital payments globally and regionally, highlighting key developments and challenges. This document discusses the rapid evolution of digital payment systems and their impact on global financial ecosystems. It examines regulatory changes, economic conditions, and technological innovations that drive the adoption of faster payment solutions. The report also addresses cybersecurity and privacy concerns, providing insights into how different regions are adapting to the digital transformation in payments.
Region: Global 
Published: January 2025 
Author(s): Bank for International Settlements 
Language: English 
Tech drivers: Cybersecurity and privacy 
Social drivers: Pandemics 
Geopolitical drivers: Economic conditions Regulatory changes 
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