Malaysia completes blueprint for connecting domestic instant payment systems globally

KUALA LUMPUR, July 1 (Xinhua) -- Malaysia's central bank said Monday that Project Nexus has completed a comprehensive blueprint for connecting domestic instant payment systems (IPS) globally, and is preparing for work towards live implementation.

Bank Negara Malaysia (BNM) said in a statement that the Bank for International Settlements (BIS) and its partners have completed the comprehensive blueprint for Phase I