Central Banking

SNB's Heller to head Basel payments committee

Daniel Heller, the head of the Swiss National Bank's financial stability and oversight section, will take over from Denis Beau, a deputy director general of Banque de France's economics and international relations department, as head of the secretariat of the Committee on Payment and Settlement Systems (CPSS).

Heller already represents the Swiss central bank on the committee and also sits on the vulnerabilities group of the Financial Stability Forum. He also consults regularly to the

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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