The Future of Financial Settlement Isn't Faster, It's Fundamentally Different

The financial industry loves to talk about speed. Real-time payments. Instant settlement. Same-day ACH. But making a horse-drawn carriage go faster doesn't turn it into a car. The problem with traditional financial settlement is that it was built for a world that no longer exists. The unfixable problem Traditional financial infrastructure is a patchwork of batch processing systems, correspondent banking relationships and siloed databases that were state-of-the-art when telex machines roamed the earth. Eve ...