Correspondent Bank Distributed Ledger Technology (DLT) Innovation 
Finextra
JUNE 30, 2025
A new way of settling transactions Firstly, when we talk about digital currency we are referring to the registration of a fiat currency (such as the pound) on a Distributed Ledger Technology (DLT)-based network with a 1:1 relationship to the fiat currency. Digital currencies can be issued by central banks (aka.
PYMNTS
NOVEMBER 27, 2019
The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! DLT would also help in terms of cross-border payments, he said.
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PYMNTS
APRIL 1, 2019
At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions. These shortcomings make the cross-border payment industry ripe for disruption and innovation. Ripple has xRapid, its cross-border payments solution.
PYMNTS
APRIL 3, 2019
These shortcomings make the cross-border payment industry ripe for disruption and innovation. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change. By way of concrete examples, the authors cited xRapid.
PYMNTS
OCTOBER 24, 2019
Despite a desire for innovation, 42 percent of FIs cited struggles to improve legacy systems as the greatest challenge facing payments today, although last year, 36 percent said their companies need to update legacy infrastructure. Of course, there is no Zelle or Venmo of B2B payments (yet). Real-Time Challenges.
The Payments Association
MAY 14, 2025
Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation May 12 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? Yet much of the system still hinges on a half-century-old correspondent banking model and a fragmented regulatory landscape.
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