The Making Of A Modern Clearing Bank: A More Efficient Model For Payments Certainty And Managing Risk
The Role of a Modern Clearing Bank in Scaling Global Payments
Clearing banks’ vital role in the payments ecosystem is often misunderstood. The “
Making Of A Modern Clearing Bank: A More Efficient Model For Payments Certainty And Managing Risk,”
a PYMNTS and The Bank of London collaboration, explains how modern clearing banks are removing friction in global transaction management while helping speed transaction processing at scale.
Inside the June Playbook
- $1.6T: Annual global B2C transaction value, including salaries and interest payments
- 30%: Share of U.S.-based firms that have experienced significant payment delays
- $2.8T: Annual global C2B transaction value, including cross-border Commerce and offline tourism spend