May 31, 2023 Announces its Banks Working Group is very excited to announce the formation of its global Banks Working Group.

Comprising over a dozen market-leading commercial banks from across the Americas, EMEA and APAC regions, this Group has been formed to help drive industry innovation in the payments and liquidity management space, contributing to the transformation that emerging regulation and central bank guidance are requiring.

Topics to be discussed include the continuing lack of transparency in cross-border settlements, the need for inefficient and costly pools of liquidity to sit in nostro and vostro accounts around the world, and the implications of the trend toward real-time settlement. Watch our short Banks Working Group explainer video by Alan Verschoyle-King, our Head of Business Development, EMEA, below.

The Banks Working Group will meet on a regular basis to continue to achieve three main goals:

  1. Gather market-leading institutions to talk openly about the pain points they face in global settlement
  2. Discuss the value proposition, and how we can help to address these pain points
  3. Identify market-leading, fast-moving institutions that would like to work with us to move through a PoC/pilot process and become banks on our network.

We would be delighted to welcome other forward-thinking banks as new members of our Group.

Request a demo
Join our Pilot
Speak to an expert

Get In Touch