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HomeBankingRTGS.global signs pilot agreements for settlement service with three new banks

RTGS.global signs pilot agreements for settlement service with three new banks

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  • RTGS.global, a cross-border settlement fintech, enters pilot agreements with three new banks.
  • The banks involved are Alif Bank and Bank Arvand from Tajikistan, and Universal Capital Bank from Montenegro.
  • Through the partnership, these banks aim to streamline traditionally cumbersome cross-border processes using RTGS.global’s network.
  • RTGS.global CEO, Jarrad Hubble, emphasizes the demand for frictionless cross-border payments, noting that it’s currently quicker to fly money globally than move it cross-border.
  • The company will closely collaborate with the three banks to address historic and emerging challenges in payments and liquidity management.
  • RTGS.global has previously conducted pilots with MDO Humo in Tajikistan and Credo Bank in Georgia.
  • The company reports significant interest from Central Asia, especially in the Commonwealth of Independent States (CIS), where 39% of the world’s cross-border payment traffic reportedly flows through the region.

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