On 8 July 2026, the Financial Stability Board’s Deputy Secretary General, Martin Moloney, told an OMFIF audience that the G20 Roadmap for Enhancing Cross-border Payments is approaching its finish line without having reached its destination. The G20 cross-border payments targets on cost, speed, transparency and access were set in 2021, and most of them fall…
Last updated: June 2026 A payment service provider that reads the PayNow Generation 2 study as a press release will be a step behind when the implementation roadmap lands at the end of 2026. On 25 June 2026, the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) set out four…
Last updated: March 2026 Introduction CESOP reporting is a mandatory quarterly obligation for European payment service providers handling cross-border transactions above the 25-payment threshold – missing the deadline or submitting inaccurate data can result in supervisory action and penalties. If you work in payments or compliance at a European financial institution, CESOP likely sits on…