AEREDIUM(@aeredium):In 2020 the G20 set a target: 75% of cross-border payments credited within one hour by 2027. The Financial Stability Board's latest progress report puts the real figure at 35.4%. That is up 1.9 points in a year. At that pace the 2027 target lands some time in the 2040s. The FSB says as much itself, in more diplomatic language. Twenty years of faster messaging has not made the money arrive any sooner. What would?

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AEREDIUM@aeredium

2026.10.09 13:08

In 2020 the G20 set a target: 75% of cross-border payments credited within one hour by 2027. The Financial Stability Board's latest progress report puts the real figure at 35.4%. That is up 1.9 points in a year. At that pace the 2027 target lands some time in the 2040s. The FSB says as much itself, in more diplomatic language. Twenty years of faster messaging has not made the money arrive any sooner. What would?