Payment Systems Broadcast #2 The Bank of England’s RTGS CHAPS Renewal Programme

With: | John Jackson, Bank of England | James Southgate Bank of England For session #2 of The FMI Broadcast, John Jackson and James Southgate from The Bank of England joined FNA to offer an exclusive insight into the bank’s ambitious RTGS renewal programme, exploring the RTGS of the future. The session covered: ⭕ The factors leading to the CHAPS renewal programme ⭕ The efficiency of cross-border payments ⭕ The Bank of England’s vision for the future system, looking beyond 2024 ⭕ The future of the SWIFT messaging system, ⭕ Distributed Ledger Technology and DLT-based FMIs ⭕ The future of CHAPS and its tiered access scheme ⭕ The most anticipated feature of the new CHAPS system ⭕ The renewal programme’s impact on consumers and merchants