atomic settlement

Jul

Partior raises US$60 million in Series B round

JPMorgan estimates that global corporates move nearly US$23.5 trillion across countries each year, equivalent to roughly 25% of global GDP. Since they rely on what the bank calls “sub-optimal wholesale cross-border payment processes,” annual transaction costs for the companies have reached US$120 billion. This is where atomic settlement comes in…

May

Asia Payments Research

Why atomic settlement could be a game-changer in cross-border payments

This commentary was written in collaboration with Banking Circle. The majority of cross-border payments are currently carried out via telegraphic transfers supported by SWIFT’s network of correspondent banks. These transfers are often criticized for being slow and expensive. A transfer can take several days to complete, while the World Bank…

Apr

Asia Payments Research

The future of cross-border payments in Asia is atomic

Defining atomic settlement Atomic settlement refers to exchanging assets between two parties in a single transaction, typically instantaneously and often without intermediaries. This can be particularly useful in cross-border payments, as it allows for faster and cheaper transactions compared to traditional methods that rely on a more comprehensive network of…

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