FinTech, Central Banking & Cross boarder Payments Series
A guide to important principles, regulations and concepts in cross boarder, central banking and FinTech systems and architecture.
What are PFMI? The Principles for Financial Market Infrastructures (PFMI) are a set of guidelines published by the Committee on Payment and Settlement Systems (CPSS), which ...
Understanding Bilateral Settlement: A Key Component of Financial Market Infrastructures In the world of financial markets, settlement is a critical process that ensures the ...
A Key Component of Financial Market Infrastructures In the world of financial markets, settlement is a critical process that ensures the exchange of cash or securities betwe...
Gridlock Buster Algorithm: A Solution to Real-Time Gross Settlement System Congestion Real-time gross settlement (RTGS) systems are designed to facilitate the rapid and secu...
A common mistake made by tech companies entering the FinTech space for the first time is to use double or float variables instead of BigDecimal. This article explains why this is an important mista...
What is RTGS? Real-Time Gross Settlement (RTGS) is a type of payment system that enables the transfer of funds between banks in real-time, with immediate settlement and fina...
Banking Industry Architecture Network (BIAN) The banking industry is undergoing a period of unprecedented transformation, driven by technological advancements, shifting cust...
Two-Phase Commit (2PC) The Two-Phase Commit (2PC) is a protocol used to ensure atomicity and consistency in distributed systems, particularly in database transactions. It&rs...
TOGAF: A Framework for Enterprise Architecture In today’s fast-paced and ever-changing business landscape, organizations must be able to adapt quickly to new technolog...