Evolution of payments systems: national versus international

Evolution of payments systems: national versus international

  Tue 4 Oct 2022 12:00 - 13:00

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.

12:00-13:00 (London)
07:00- 08:00 (New York)
19:00- 20:00 (Singapore)


Abdulaziz O. AlAfaleg
Managing Director
Saudi Payments
Tim Masela
National Payment System Department
South Africa Reserve Bank
Dirk Schrade
Deputy Head of the Payments and Settlement Systems
Deutsche Bundesbank

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 folusho.olutosin@omfif.org directly for membership details or register your interest below and we’ll be in touch.

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