The new platform will enable Credicorp Capital to handle transaction volumes with greater stability as well as improve digital asset management across LatAm regions
The new service will enable payment service providers (PSPs) operating in SEPA to process incoming and outgoing international credit transfers through RT, says EBA Clearing
These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FPS in the Bank of England’s RTGS system
The scheme is expected to allow financial institutions to leverage the benefits of domestic instant payment systems globally while continuing to use existing rails and enabling outgoing flows
Global payments company Volante Technologies has secured US$66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology investing arm of Sixth Street