Remove Distributed Ledger Technology (DLT) Remove Real Time Gross Settlement (RTGS) Remove Transactions
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Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Fintech Finance

The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England , have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions. Meridian FX will test the usability of the SO for different types of assets and technologies.

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The Corporates Betting On Blockchain To Reshape Capital Markets Infrastructure

CB Insights

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees.

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Key considerations for the adoption of digital currencies

Finextra

They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. This can concern payments, conditional payments (a DLT based version of a letter of credit) and the post-trade settlement of securities and derivates (including margin calls).

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The Blockchain Companies Poised To Transform Capital Markets Infrastructure

CB Insights

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. We started on the process of seriously thinking through what it looks like to add value to transactions, even if you don't control the underlying rails.".

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Basware Integrates Solutions With SAP App Center

PYMNTS

The SAP App Center is a fully digital enterprise marketplace where people can try, buy, manage and deploy trusted partner applications that extend existing SAP technology and solutions. The prototype uses SAP’s Payment Engine application to initiate, process, clear and settle transactions.

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Revamped UK Payment System Embraces Blockchain

PYMNTS

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). The BoE’s Real-Time Gross Settlement (RTGS) system handles transactions worth about 500 billion pounds — almost one-third of Britain’s annual economic output.