About
Empowering instant global transactions with central bank reliability.
Fnality: real-time wholesale payments for banks/businesses. Decentralized Payment Systems, fully backed by central banks. 24/7 availability, risk reduction. Sterling Fnality Payment System (£FnPS) is the world's 1st regulated DLT payment system.
Use Cases
Real-Time Cross-Border Payments
Enables banks and businesses to instantly settle international transactionswithout currency risk using centralized-backed digital cash.
Intraday Liquidity Optimization
Allows financial institutions to manage and optimize their liquidity activelythroughout the day for efficient capital use.
Risk Reduction in Wholesale Payments
Reduces settlement risks for banks by guaranteeing 1:1 central bank fund backingand atomic settlement in real time.
24/7 DLT-Based Settlement for Businesses
Businesses can leverage continuous, decentralized ledger technology payment settlements even outside traditional banking hours.
Key Features
DLT-based Wholesale Payment Systems
- Fnality defines the future of payments for banks and businesses, fully backedby funds held at central banks.
- Their network of decentralized Payment Systems enables real-time peer-to-peerpayments.
- The Sterling Fnality Payment System (£FnPS) is the world's first fullyregulated, DLT-based payment system.
- Fnality's solution empowers participants to unlock 24/7, DLT-based settlementof digital cash.
- Each Fnality Payment System can interoperate seamlessly with legacy orDLT-based business applications for instant atomic settlement of DvP.
Impact and Innovation in Financial Markets
- Fnality aims to fundamentally change wholesale financial markets by delivering1:1 backed funds at central banks, real-time atomic settlement, 24/7availability, active intraday liquidity optimization, risk reduction, and trueinteroperability.
- The £FnPS is a foundational step towards a global network of payment systemsenabling real-time PvP settlement cross-border.
- Fnality is backed by 20 leading financial institutions, developing solutionsdesigned by and for banks.
- They address long-standing problems and create new revenue opportunities infinancial transactions.
- Fnality is defining the future of decentralized wholesale finance, withinsights on sustainable consensus mechanisms and revolutionary cross-chainswaps.
Headquarters
🇬🇧 London, UK
Website
fnality.com
20
leading financial institutions backing Fnality
24/7
DLT-based settlement availability