Ripple joins BIS cross-border payments task force

The BIS Committee on Payments and Market Infrastructures has actually revealed the subscription of its cross-border payments interoperability and extension taskforce. According to the BIS, the PIE job force will also enhance cross-border payments by improving access to payment systems, extending payment system running hours and developing links in between different payment systems. The BIS also highlighted that engagement in between personal and public sectors is a crucial component for the G20 cross-border payments program.

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According to the BIS, the PIE task force will also enhance cross-border payments by enhancing access to payment systems, extending payment system running hours and producing links in between different payment systems. The BIS also highlighted that engagement in between public and private sectors is a crucial element for the G20 cross-border payments program. The BIS acknowledged that enhancements to payment systems require global coordination and cooperation in between stakeholders in both the private and public sectors.

The Bank for International Settlements (BIS) has just recently announced a cross-border payments interoperability and extension (PIE) job force which includes the blockchain-based digital payment network, Ripple. On Aug. 9, BIS announced the members of the PIE job force that will work to “enhance cross-border payments and fulfill the quantitative targets for cross-border payments endorsed by the G20.” The job force belongs of the BIS Committee on Payments and Market Infrastructure (CPMI). The BIS Committee on Payments and Market Infrastructures has actually announced the subscription of its cross-border payments interoperability and extension taskforce. For additional details, look here https://t.co/yDQmdOmp9m pic.twitter.com/8G9UpOaDtL— Bank for International Settlements (@BIS_org) August 9, 2023