The multilateral platform aims at connecting domestic payment systems.
KUALA LUMPUR: Bank Negara and the central banks of Indonesia, the Philippines, Singapore and Thailand have come to an agreement on the shared goals for establishing Project Nexus, a multilateral platform aimed at connecting domestic payment systems.
Singapore-based Bank for International Settlements (BIS) innovation hub head Maha El Dimachki emphasised on the importance of the five partners’ unified vision in ensuring the project’s success.
