Designing next-generation instant payments systems for a globally connected economy

Global efforts to modernise financial infrastructure and expand access to financial services are driving the evolution of real-time payments systems. As regions pursue greater integration and cross-border interoperability, central banks face critical questions on how to keep payments systems secure, inclusive and adaptable. Achieving this demands a careful balance between public policy direction and private sector innovation.

OMFIF’s Digital Monetary Institute, in partnership with Mastercard, is convening a high-level private roundtable to explore the future of global payments infrastructure. The discussion assesses the frameworks and governance models required to support trusted real-time payments systems, including designing risk-aware, inclusive systems that deliver tangible benefits for end users. It also considers the role of multilateral co-operation in advancing the G20 roadmap for enhanced cross-border payments and the practical challenges markets face in achieving its objectives.