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RTGS part 2

20:06
 
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Manage episode 380984193 series 3485485
Innehåll tillhandahållet av Paul Thomalla. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Paul Thomalla eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Dave and I thought that there was so much to discuss around RTGS that we decided that we need 2 podcasts. So here is part 2….

We are going to discuss a little of their history and dive into why RTGSs are so critical….

Before the advent of RTGS, many countries used deferred net settlement systems for interbank transactions. In these systems, payments were accumulated over a certain period, and then the net amount was settled at the end of the day or another specified time. While this method was efficient, it carried significant systemic risk. If one bank failed to meet its obligations, it could trigger a chain reaction, potentially destabilizing the entire financial system.

Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education

  continue reading

29 episoder

Artwork

RTGS part 2

Bitesize Payments

published

iconDela
 
Manage episode 380984193 series 3485485
Innehåll tillhandahållet av Paul Thomalla. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Paul Thomalla eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Dave and I thought that there was so much to discuss around RTGS that we decided that we need 2 podcasts. So here is part 2….

We are going to discuss a little of their history and dive into why RTGSs are so critical….

Before the advent of RTGS, many countries used deferred net settlement systems for interbank transactions. In these systems, payments were accumulated over a certain period, and then the net amount was settled at the end of the day or another specified time. While this method was efficient, it carried significant systemic risk. If one bank failed to meet its obligations, it could trigger a chain reaction, potentially destabilizing the entire financial system.

Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education

  continue reading

29 episoder

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