Kusuma Ayu Kinanti joined Bank Indonesia in 2007 and has held various roles throughout her career, spanning monetary policy, communication, fintech and innovation, and currently, payment systems. An economist with an IT background, she played a key role in shaping the Indonesia Payment System Blueprint 2025 (BSPI 2025) with major initiatives such as National QR standardization (QRIS), fast payment development (BI FAST), API payments standardization (SNAP), and regulatory reform.
In her current position as a Deputy Director, Ayu oversees the evaluation, assessment, and formulation of policies related to wholesale payment systems, including BI-RTGS. She also co-leads the project Garuda team which explores the Digital Rupiah or Indonesia's Central Bank Digital Currency initiative.
From 2021 to 2024, Ayu served as an adviser at the BIS Innovation Hub in Basel, Switzerland. During her time with the BISIH, she led the operation of the BIS Innovation Network, and managed BISIH flagship events such as BIS Innovation Summit and various outreach programs.
Prior to joining Bank Indonesia, Ayu worked as a programmer in Gadjah Mada University and as an IT helpdesk and system analyst at the Federal International Finance, a subsidiary of ASTRA International Tbk, one of Indonesia's largest multifinance companies.
Ayu holds a bachelor's degree in computer science from Gadjah Mada University, Indonesia and a master's degree in economics from Warwick University, United Kingdom.
Roundtable Room 4, Sands Expo & Convention Centre, Level 4
Invite-Only
As the digital economy accelerates, the demand for faster, more affordable and transparent cross-border payments has reached a critical point. Advancing multilateral payment systems is essential to meet this growing need. With global trade and financial flows increasing, robust and efficient payment infrastructure is no longer optional—it is vital for sustaining economic growth. Project Nexus, which aims to interlink domestic instant payment systems, offers a forward-looking blueprint for the future of international payments. The insights and lessons from this initiative will be instrumental in overcoming technological and regulatory challenges to create a seamless, low-cost global payment network.
Project Nexus is the first initiative from the BIS Innovation Hub in the payments space to move towards live implementation, fulfilling a core role in supporting central banks with innovative solutions that deliver public goods. It also represents a significant commitment under the G20 Roadmap for Enhancing Cross-border Payments. The BIS continues to provide technical advisory support to the participating countries, helping them bring Nexus to life and realise its global ambition. This industry directed roundtable will build on the insights gleaned from this multi-year international project and explore how prospects for instant cross-border could be positioned as a public good, by focusing on:
1. How to maximise the benefits for all stakeholders and harness the synergy of a multilateral platform to drive greater safety and efficiency in cross-border payments.
2. How to balance the vision of low-cost, transparent and instant cross border payments with the need to ensure financial sustainability in the longer term.
Attendees looking to prepare for the discussion may refer to the reference materials below to gain further insights:
- Project Nexus: enabling instant cross-border payments (bis.org)
- Project Nexus Overview
- Enabling & scaling instant cross-border payments
- Connecting to global scalability in payments: How we can benefit and contribute to the nexus
The Festival
Get Involved
Global Platforms
Copyright © 2024 Elevandi Limited and Constellar Exhibitions Ventures Pte Ltd.