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Tag: Clearing & Settlement

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Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding

Funding:Partior, a Singapore-based fintech start-up, secured over $60 million in a Series B funding round. The round was led by Peak XV...

BIS readies for live implementation of Project Nexus in Asia

Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH). Aims to enhance cross-border payments by connecting...

Frost Bank in Texas taps Finzly for instant payments

Frost Bank Partners with Finzly for Instant Payments: Key PointsPartnership Announcement:Frost Bank has chosen fintech company Finzly to implement instant payment capabilities...

UK paytech Payset signs for Thought Machine’s Vault Payments tech

Payset to Deploy Thought Machine's Vault Payments: Key PointsExtended Partnership:Payset extends its partnership with Thought Machine. Will deploy Thought Machine’s cloud-native payments...

LGT in Liechtenstein taps Finastra for instant payments

Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions). Objective: Launch instant payment services....

Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants

Overview:Participants: Spanish banking giant Santander and payment services firm Iberpay. Scheme: One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) by the European Payments...

BIS opens call to private sector participants for Project Agorá

Objective:Collaborate with private sector financial institutions to explore tokenisation in wholesale cross-border payments. Develop a multi-currency ledger for cross-border payments using tokenised commercial...

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