Ep597: Making CBDCs work – the challenge of interoperability

Pallavi Thakur, Director for CBDC & Interoperability, Swift

Central bank digital currencies (CBDCs) are gaining momentum. But as central banks around the world explore the use of this digital money, what does it mean for payments, especially cross border payments? Enabling interoperability alongside emerging innovations is a key focus for Swift, and a key challenge for banks and financial services providers with many central banks focusing primarily on domestic use. Robin Amlôt of IBS Intelligence speaks to Pallavi Thakur, Director for CBDC and Interoperability at Swift