Stay connected with the latest Nexus updates
Nexus Global Payments Appoints Technical Operator
Press Release: 09 February 2026
- PayNet and NETS joint venture awarded contract to be Nexus Technical Operator, concluding the procurement process.
Nexus Global Payments appoints first Board Chair and expands network with the addition of Indonesia
Press Release: 02 February 2026
- Mr. Jose Beltran is appointed as the inaugural Board Chair of Nexus Global Payments.
- Indonesia joins as the sixth jurisdiction in Nexus.
- The European Central Bank announces its continued work on the feasibility of potential connection of TIPS to Nexus and to work in parallel to complete necessary legal arrangements and agreements.
- The Latin American Reserve Fund (FLAR), a regional financing arrangement for Latin America, signs a Memorandum of Understanding with Nexus Global Payments to facilitate exploratory work for future connectivity.
Nexus Global Payments welcomes inaugural Chief Executive Officer to lead operationalisation of instant cross-border payment scheme
Press Release: 11 August 2025
- Nexus Global Payments (NGP) appoints Andrew McCormack as Chief Executive Officer (CEO) following a successful global search process.
- NGP is a not-for-profit organisation established by initial first mover central banks—Reserve Bank of India, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore, and Bank of Thailand—to operationalise and manage the Nexus multilateral instant cross-border payments scheme.
Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme; search for technical operator commenced
Press Release: 03 April 2025
The first mover central bank partners in Project Nexus – Reserve Bank of India, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore, and Bank of Thailand – have formally incorporated Nexus Global Payments (NGP) in Singapore to operationalise and manage the multilateral instant cross-border payments scheme.
NGP has appointed Benjamin Lee as the Interim Director.
NGP is commencing a procurement process to appoint a Nexus Technical Operator (NTO) to undertake the technical build and run the day-to-day operations of the Nexus scheme.
Nexus Global Payments (NGP) today announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalise and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.