This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. Real-time settlement negates the need for batchsettlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades.
One of those is real-time settlements, which have done away with the need for batchsettlements of the past, PYMNTS reports. Blockchain infrastructure can help link data to specific invoices, too, setting up possibilities for automation.
Real-time settlements have done away with the need for the batchsettlement, which had previously been the norm for treasury departments. PYMNTS writes that blockchain data has helped with storing data.
In a joint letter to ASX, the regulators expressed their deep concerns about the potential for operational incidents, such as the CHESS batchsettlement failure, to affect the ability of CHESS to reliably service the Australian equities market until CHESS is replaced. But they are necessary.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content