Day 2
10:15
10:45
Boiler Room
Rails
Talk
Settle 27
Instant payments at the border
Linking instant payment schemes across borders: what works today, what breaks, and who pays for FX.
Abstract
Instant payment schemes now run in most major economies, but linking them across a border is still slow work. Lukas Brandt covers the corridors that work today and the ones that break.
He spends the second half on foreign exchange: who quotes the rate, who carries the risk and who pays when a payment fails halfway.
Best for
Bank