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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 project will provide insights on how operators of real-time gross settlement (RTGS) systems could enable interoperability with new payments technologies, such as distributed ledger technology (DLT).

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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 solution integrates into R3’s Corda distributed ledger platform to support interaction of the solution with existing RTGS systems.

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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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The Blockchain Companies Poised To Transform Capital Markets Infrastructure

CB Insights

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. Fill in your details here to get more information. First name. Company Name. Phone number.

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SAP, R3 Back Blockchain For Real-Time Gross Settlement

PYMNTS

Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct.

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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.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

Financial institutions (FIs) are increasingly automatically routing transactions that would have once been moved via the Bulk Electronic Clearing System (BECS) Direct Entry to NPP, while businesses are replacing real-time gross settlement (RTGS) transactions with NPP as well, the report noted.

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