Cross-Border Payments Still Miss G20 2027 Target
Summary
Kima Network highlights the FSB progress report's finding that cross-border settlement remains 39.6 percentage points short of the G20's 2027 target. The announcement argues that faster messaging alone cannot make money arrive faster, underscoring the need to address deeper payment infrastructure challenges.
39.6 percentage points.
That is how far cross-border settlement sits from the target the G20 set for 2027, according to the FSB's own progress report this month.
Faster messaging has not made money arrive faster. It never was a messaging problem.
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