KUALA LUMPUR: Bank Negara Malaysia (BNM), in collaboration with the Bank for International Settlements (BIS) and four other central banks, is advancing Project Nexus to enhance the efficiency of instant payment systems (IPS) for seamless cross-border transactions globally, with full operation expected by 2027.
BIS is an international financial institution based in Switzerland.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
