Partnerships to Improve Payments and Settlements
Financial Market Infrastructure (FMI) RTGS.global has signed pilot agreements with two banks, MDO Humo in Tajikistan and Credo Bank in Georgia, to help streamline cross-border payments. The partnerships aim to provide significant liquidity benefits and a streamlined traditional cross-border settlement process for the banks.
Meeting the Demand for Innovative Solutions
The partnerships reflect the growing demand for innovative solutions in payments and liquidity management. According to RTGS.global executive chair Marcus Treacher, countries like Georgia and Tajikistan recognize the need to offer efficient and seamless services to customers through frictionless cross-border payments and settlements.
Expanding into New Regions and Engaging with Banks
RTGS.global is on a trajectory of growth as it expands into new regions and collaborates with central and commercial banks. The company has made several new hires this year and continues to attract interest from multinational banks to form a Banks Working Group, consisting of more than a dozen banks across the Americas, EMEA, and APAC regions.
