Innovation Hub media releases

Read media releases issued by the BIS Innovation Hub.

Displaying 41-50 of 63
Media release 30 Sep 2021
Central banks and the BIS explore what a retail CBDC might look like
Seven central banks and the BIS take forward their work on retail central bank digital currencies and analyse policy options and practical implementation issues. New set of reports explores how CBDCs could best meet users' future needs through developing…
Media release 28 Sep 2021
Multi-CBDC prototype shows potential for reducing costs and speeding up cross-border payments
mBridge project builds on initial experimentations from the Hong Kong and Thailand central banks; Platform can be an alternative to complexities and inefficiencies of the correspondent banking system; * Joining up national digital currencies in common…
Media release 02 Sep 2021
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements
Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks. System aims to allow direct transactions between institutions, reducing costs and increasing…
Media release 24 Aug 2021
BIS Innovation Hub and HKMA investigate how tokenized green bonds can improve sustainable investment
The Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority joined forces with the tech industry. Aim is to build a prototype digital infrastructure that can enable green investments and help issuers…
Media release 28 Jul 2021
BIS Innovation Hub and Monetary Authority of Singapore publish proposal for enhancing global real-time retail payments network connectivity
Project Nexus will allow countries to link real-time national payment systems with minimal adaptations. Proposed blueprint includes technical standards, operational guidelines and common functionalities. Model builds on the successful connection of…
Media release 09 Jul 2021
International cooperation is essential for central bank digital currencies to improve cross-border payments
CBDCs can help to enhance cross-border payments when authorities coordinate internationally. Implications extend beyond national borders, highlighting the need for multilateral collaboration on macro-financial consequences and interoperability…
Media release 25 Jun 2021
BIS Innovation Hub and Bank of Italy announce shortlist and judges for the G20 green and sustainable finance challenge
Announcement of the shortlisted finalists and judges for the G20 green and sustainable finance challenge
Media release 16 Jun 2021
Bank for International Settlements and Nordic central banks launch Innovation Hub Nordic Centre
Bank for International Settlements and four Nordic central banks launch the BIS Innovation Hub Nordic Centre. Expansion marks the fifth Innovation Hub Centre to be opened in the past two years. Nordic Centre to help advance Innovation Hub's work on…
Media release 11 Jun 2021
Bank for International Settlements and Bank of England launch Innovation Hub London Centre
Bank for International Settlements and Bank of England launch the BIS Innovation Hub London Centre. Expansion marks the fourth new BIS Innovation Hub Centre in two years. The London centre will help advance Innovation Hub's work on priority themes.
Media release 10 Jun 2021
Bank for International Settlements Innovation Hub, Swiss National Bank and Bank of France collaborate for experiment in cross-border wCBDC
The BIS Innovation Hub, Swiss National Bank, Bank of France and a private sector consortium will collaborate in a wholesale CBDC (wCBDC) experiment. Project will investigate the potential benefits and challenges of wCBDC in settling cross-border payments…

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