<p><span>A cross-industry consortium is being launched in the UK to reimagine and test new payment rails for the global financial system, the </span><a target="_blank" href="http://email.prnewswire.com/ls/click?upn=3slWLw94I3jq-2B-2FedjFNgZAiAoWdtIUy-2BlaGW8cI-2FWMUzuooZhMweSQWGEXc0Ju1pB10i_O3XWFiAdWrzzrOIt72qAuNe9dxlo4g-2BA060UwSy-2BE-2FLtoEpk1TTaSx-2BajZQ9riiUUL1l3H92m1g8M9zx2d7O0nlydmjYVZSm4MI5p6yJr25Cnwm-2F7xsrq7WFbMX66kF9lsJOjSuqxzemMLiHLY5GoNYPUgpgX-2F5hZps31XIoFErdcqy3DHVkvu19WSoD6HMrB8EX7uMKyX0uxGyj1CyzT56Zhctu2YYQ34Yq2sKOksYCIYq-2Fxe7iTfYowmE1kTzk-2FWl8fvPqljn5rgyrJZL1noYqxPM-2BUqGE8j0jUJ-2Ft-2BTE-2FAY1vitVFeUkPgO-2BVsxPOt8nZpKqlg27T-2FK37GvQ10-2FOjs5EmSxuLlsKvyNlLaAy2jhvKOp-2BxJLK7ajIHyPkt">Digital FMI Consortium</a><span> announced. The new group – standing for 'Digital Financial Market Infrastructure (DFMI)' – is the body behind </span><a target="_blank" href="http://email.prnewswire.com/ls/click?upn=3slWLw94I3jq-2B-2FedjFNgZAiAoWdtIUy-2BlaGW8cI-2FWMVZtlhhKvsLCIbMqrRf0iYwnDuuDXvUbWjA-2BNelEXeK4Q-3D-3Dou5A_O3XWFiAdWrzzrOIt72qAuNe9dxlo4g-2BA060UwSy-2BE-2FLtoEpk1TTaSx-2BajZQ9riiUUL1l3H92m1g8M9zx2d7O0nlydmjYVZSm4MI5p6yJr25Cnwm-2F7xsrq7WFbMX66kF9lsJOjSuqxzemMLiHLY5GoNYPUgpgX-2F5hZps31XIoFErdcqy3DHVkvu19WSoD6HMrB8EX7uMKyX0uxGyj1CyzT56Zhctu2YYQ34Yq2sKOksaPHOLq8-2FGgKMP3vI2JBtzmMcZyiRsRevkHR3ZJGGC2gLfTFB-2BjifWmdBMZ6gudZLUl1YQbAjoLhxpcvxpYCkrgSEoXePqcCA5bral7Odd4I7MaGXSjY0ywdYQ5-2Bd2mTkJAZPFM5KKjes-2F7AswdK54S">Project New Era</a><span>, the UK's first privately-led Digital Sterling (dSterling) pilot, set to launch in the autumn.</span></p>