Evolution of payments systems: national versus international
Central banks around the world are grappling with the question of whether a payments system owned and operated nationally is preferable to using large-scale international payments systems. OMFIF is producing a report based on in-depth interviews with a variety of central banks to assess the relative strengths of national and international payments systems, based on a number of criteria, including functionality, technical resilience, protection from fraud and cyberattack, ease of cross-border payments and cost-effectiveness.
The findings of the report will be presented at a launch, followed by a discussion with expert panellists and a short Q&A.
Some early analysis of the themes can be seen here.
07:00- 08:00 (New York)
19:00- 20:00 (Singapore)
Abdulaziz O. AlAfaleg
National Payment System Department
South Africa Reserve Bank
Deputy Head of the Payments and Settlement Systems
In partnership with:
This virtual discussion is part of the OMFIF Digital Monetary Institute. The OMFIF Digital Monetary Institute is a high-level forum which convenes key policy-makers, technology experts, investors and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here. Please contact firstname.lastname@example.org directly for membership details or register your interest below and we’ll be in touch.