In this episode, we discuss the complexities and advancements in cross-border instant payments, focusing on OLO, the European One-Leg-Out scheme, its implications for the SEPA area, and the challenges of adoption. We also explore global initiatives, like SWIFT's GPI and BIS' Nexus project, how these relate to the G20 roadmap for cross-border payments, and how everything could fit together for a bright future of global instant payments.
Chapters
00:00 Exploring Cross-Border Payments
05:37 Understanding OLO and Its Impact
11:31 Challenges in Adoption and Implementation
17:59 Global Initiatives and Innovations
24:21 The Role of BIS and Future Directions
30:23 Connecting the Dots: OLO, Swift, and Nexus
