A look at Nexus, a Bank for International Settlements-backed project aiming to link domestic smartphone-based payment systems for instant cross-border payments (Andy Mukherjee/Bloomberg)

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Andy Mukherjee / Bloomberg:
A look at Nexus, a Bank for International Settlements-backed project aiming to link domestic smartphone-based payment systems for instant cross-border payments  —  A protocol to move money across borders quickly at a low fee will be the best thing to happen to instant payments — until the next best thing comes along.

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