Fnality - News, Articles & Research

Company announcement/payments

Banks complete uncleared bilateral margin payments on Fnality Payment System

Banco Santander, Lloyds Banking Group, and UBS have successfully completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS).

30 October 2024

Company announcement/crypto

Ownera and Fnality partner to interconnect digital money to the toeknisation market

Ownera, a leading provider of tokenisation interoperability networks based on the open FinP2P protocol, and Fnality, a pioneering financial market infrastructure bringing together the safety and institutional quality of central bank money with the functionality and resilience of blockchain technology, have announced a strategic partnership.

17 September 2024

News/payments

First live sterling payments passed over Fnality Payment System

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has conducted its first live transactions.

14 December 2023

News/payments

Goldman Sachs and BNP Paribas lead £77.7 million investment in Fnality

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised £77.7 million in a Series B funding round co-led by Goldman Sachs and BNP Paribas.

14 November 2023

Company announcement/crypto

Fnality and HQLAX run PoC of cross-chain repo swap settlement

Fnality and HQLAX announce the successful completion of the first proof of concept (PoC) delivery versus payment (DvP) repo settlement across the Fnality Payment System (FnPS) and HQLAX’s Digital Collateral Registry, bridging the distributed ledger technologies (DLT) of Enterprise Ethereum and R3 Corda, respectively.

05 December 2022

Finextra TV/Sibos

The distinctions of Central Digitalized Banking

Alistair Brown, Global Head of Open Banking & Payments at EPAM and Rhomaios Ram CEO Fnality International join FinextraTV at Sibos 2022 just as they have come off their round table on CBDCs, offering their thoughts on the nature of CBDCs, the distinctions between the two types of CBDC and up to date knowledge on the different versions.

18 October 2022

Company announcement/payments

Fnality and Finteum execute cross-chain FX settlement transaction

The collaboration between Fnality and Finteum has taken a step forward with the announcement of the completion of a successful proof of concept (POC) involving the first test of FX settlement transactions on a Payment-versus-Payment (PvP) basis, across the Finteum Platform, and two Fnality Payment Systems (FnPS), representing two currencies, in under 10 seconds.

04 October 2022

News/crypto

Nomura invests in Fnality

Nomura has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces.

26 September 2022

News/markets

Euroclear invests in Fnality

Euroclear has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces.

21 March 2022

News/payments

Fnality completes TestNet transaction with Santander and NatWest

Banking consortium Fnality is one step closer to launch after two major European banks successfully conducted a proof of concept showcasing the benefits of distributed ledger technology (DLT) in offering near-instant settlement in capital markets and payments.

09 February 2022

News/payments

Fnality preps go live with pledge to slash intraday liquidity costs

Backed by some of the world's largest banks, blockchain for payments consortium Fnality says it expects to reduce banks' intraday liquidity requirements by 70% when it goes live next year.

15 December 2021

News/wholesale

Rishi Sunak announces UK Treasury and BofE fintech taskforce to explore CBDC

Chancellor of the exchequer Rishi Sunak announced today the launch of new fintech taskforce to “coordinate exploratory work on a potential central bank digital currency,” led by the UK Treasury and Bank of England.

19 April 2021