Tagged: settlement risk

Bank for International Settlements Shares Report on Facilitating Increased Adoption of Payment versus Payment (PvP)

April 3, 2023 @ 12:37 pm By Omar Faridi |

This final report – issued as part of the G20 cross-border payments program – focuses on facilitating increased adoption of payment versus payment (PvP) “to reduce foreign exchange (FX) settlement risk and improve cross-border payments.” It analyzes “the causes of non-PvP settlement, takes stock of… Read More

Read more in: Fintech, Global | Tagged bank for international settlements, bis, cross-border payments, Cross-Border Transactions, fintech adoption, fintech trends, foreign exchange, g20, payments, research, Research Report, settlement risk

ErisX Announces Settlement Service for OTC Digital Currency Transactions

September 12, 2022 @ 10:48 pm By Omar Faridi |

ErisX, a Cboe Global Markets (Cboe: CBOE) company, announced it has introduced the ErisX Settlement Service, a solution designed “to help remove settlement risk for over-the-counter (OTC) crypto transactions.” The offering expands ErisX’s suite of tools for institutional investors, “enabling them to settle OTC trades… Read More

Read more in: Blockchain & Digital Assets, General News | Tagged cboe, chicago, Crypto Transactions, erisx, otc, over the counter transactions, settlement risk, united states, us