Bank for International Settlements (BIS)

211 results about this entity

Period: 19 Mar 2007 - 29 Apr 2024

/payments

Bank of England finds new use cases for DLT in synchronised setttlement

The Bank of England and the Bank for International Settlements have successfully completed a DLT-based pilot to assess the use of synchronous settlement in central bank money.

/sustainable

BIS provides more detail on Project Gaia

Project Gaia seeks to help analysts search corporate climate-related disclosures quickly and efficiently.

/regulation

BIS Innovation Hub opens in Paris and Frankfurt

The Bank for International Settlements has opened its European Hub, located in both Paris and Frankfurt, with a focus on decentralised finance, wholesale CBDC, cyber security and green finance.

/payments

NextGen Nordics 2023: Speakers announced!

NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.

/payments

PVP faces a number of barriers to broad adoption - BIS

This final report – issued as part of the G20 cross-border payments programme – focuses on facilitating increased adoption of payment versus payment (PvP) to reduce foreign exchange (FX) settlement risk and improve cross-border payments.

/payments

Central banks see future for global instant payments via mobile phones

Central banks in Italy, Malaysia and Singapore have laudeed successful tests of cross-border instant payments via mobile phones.

/payments

Central banks conclude cross-border CBDC experiment, Project Icebreaker

Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks of Israel, Norway, and Sweden, has successfully concluded a study on the potential benefits and challenges of using retail central bank digital currencies (CBDC) in international payments.

/payments

BIS invites comments on ISO 20022 harmonisation proposals

The Bank for International Settlements has opened a consultation on proposals to harmonise the use of the ISO 20022 financial messaging standard in cross-border payments transfers.

/payments

BIS seeks nominees for cross-border payment taskforce

The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) today invited firms that offer cross-border payment services, payment system operators and relevant industry associations to nominate senior representatives to serve on a newly established task force on cross-border payments interoperability and extension (the "PIE task force").

/crypto

BIS chief floats unified programmable ledger to turbocharge payments innovation

A unified programmable ledger could unleash an explosion of innovation in payments and money comparable to the arrival of the smartphone, according to Bank for International Settlements general manager Agustín Carstens.

/crypto

BIS Nordics invites vendors to submit tech for offline CBDCs

The Nordic arm of the Bank for International Settlements innovation hub, is inviting technology suppliers to submit ideas for implementing offline functionality in a future central bank digitial currency.

/regulation

BIS boss says Big Tech financial rules are "not fit for purpose"

A senior board member at the Bank for International Settlements has called for a co-ordinated regulatory response to restrict the incursions of Big tech firms like Amazon, Apple and Google into financial services, arguing that the current rules are "not fit for purpose".

/regulation

BIS Innovation Hub sets sights on stablecoin monitoring

The Bank for International Settlements has set out the plans for its Innovation Hub network in 2023, including work on the systemic monitoring of stablecoins.

/payments

BIS explores multilateral platforms for cross-border payments

Multilateral platforms – cross-border payment systems that are multi-jurisdictional by design – could enhance cross-border payments by reducing the need for intermediaries and allowing payment service providers in different jurisdictions to transact directly with each other.

/crypto

Bank Governors endorse Basle Committee limit on bank exposure to crypto assets

The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 16 December to endorse a finalised prudential standard on banks' cryptoasset exposures and the Committee's work programme and strategic priorities for 2023–24.

/security

Global regulators raise 'issues of concern' over banks' cyber resilience

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.

/security

BIS Innovation Hub launches new prototype CBDC

Tourbillon is a new project which aims to explore how to improve cyber resiliency, scalability, and privacy as a prototype CBDC. The project has been launched by BIS Innovation Hub’s Swiss Centre.

/crypto

Binance chief downplays CBDC threat to crypto

Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.

/crypto

BIS and three central banks to test cross-border CBDCs using DeFi protocols

The Bank for Inernational Settlements is working with three central banks to explore cross-border CBDC trading and settlement using DeFi protocols.

/payments

BIS and four central banks hail pilot trials of CBDCs in cross-border FX transactions

The Bank for International Settlements (BIS) and four central banks have completed a successful pilot of the use of central bank digital currencies (CBDCs) by commercial banks for foreign exchange transactions across borders, as part of Project mBridge.