Victoria says faster, cheaper, more transparent, and more inclusive cross-border payment services would have widespread benefits for citizens across the globe both directly and through supporting economic growth, international trade and global development.
She looks at how the G20 group of leading economies has prioritised action in this area.
And she outlines some of the key developments already underway in the Bank of England to support the international agenda in this area.
Cross-border payments – innovating in a changing world
Find out more about cross border payments.