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Streamlining cross-border payments hasn’t yielded desired benefit, FSB says

By Neil Roland ( October 9, 2025, 23:09 GMT | Insight) -- A 2020 Financial Stability Board effort to streamline cross-border payments hasn’t yet translated into “tangible improvements” for end users at the global level, a report by the regulatory coordinator for the Group of 20 economic powers said. “It is unlikely that satisfactory improvements at the global level will be achieved in line with the 2027 Roadmap timetable,” the Basel-based FSB reported Thursday.A 2020 Financial Stability Board effort to streamline cross-border payments hasn’t yet translated into “tangible improvements” for end users at the global level, a report by the regulatory coordinator for the Group of 20 economic powers said....

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