Payments are at the heart of global finance. Today, they are undergoing one of the most profound transformations in decades, driven by digital currencies, instant settlement systems, regulatory innovation, and the rise of new players such as Big Tech. At the same time, risks—from cyberattacks to the collapse of major crypto platforms—are reshaping the way institutions and regulators think about resilience and trust.
Our latest deep-dive report, The Future of Payments and Cross-Border Finance, provides a comprehensive analysis of the five forces shaping payments:
- Digital Currencies (CBDCs, stablecoins, tokenized deposits)
- Instant Settlement Infrastructure (RTGS modernization and 24/7 cross-border linkages)
- Big Tech in Finance
- Geopolitical and Regulatory Shifts
- Resilience and Risk Factors
Through case studies (Pix in Brazil, UPI in India, mBridge multi-CBDC platform), scenario analysis, and lessons from crisis such as Terra-Luna/FTX, we highlight the strategic implications for central banks, regulators, financial institutions, and investors.
The report outlines not only the emerging opportunities—such as efficiency gains, financial inclusion, and new business models—but also the critical risks that require urgent policy coordination and industry readiness.
Read the full report here:
The Future of Payments and Cross-Border Finance: Navigating Transformation Amid Risk and Opportunity
