BIS and SNB co-operate on technology research hub

Swiss centre will investigate how to use digital central bank money on DLT infrastructure

BIS with flags
Dan Hinge

The Bank for International Settlements and the Swiss National Bank have unveiled details of how they will jointly research technology innovations affecting central banking.

On October 8, the institutions signed an operational agreement to work in the BIS’s innovation hub in Switzerland. Initially, the agreement will cover two research projects. One will study the integration of digital central bank money into a distributed ledger technology platform. The other will focus on tools to facilitate

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ACI Worldwide powers 26 domestic and pan-regional real-time payments schemes across six continents, including 10 central infrastructures, providing solutions to central banks, participant banks, fintechs and other payment service providers

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