OMFIF – Future of Payments 2024
Summary
The formation of a new generation of payment systems with a focus on digital money and innovations in this area.
Key findings include the preference for linking instant payment systems (IPS) over connecting central bank digital currencies (CBDCs) for cross-border payments. The report discusses the role of cash tokenization and the support of this concept by the Bank for International Settlements (BIS), as well as the prospects of instant payment systems like Nexus.
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