The History of Paper Money

The History of Paper Money

With the world increasingly moving to cashless and contactless payments, the use of paper money is dwindling fast. But how many of us have thought about how the use of paper money came into being in the first place? Here, we take a look at the history of paper money...
What are CHAPS payments?

What are CHAPS payments?

What are CHAPS payments? Complete Guide The Clearing House Automated Payment System (CHAPS) is one composed of more than 30 direct participants and over 5000 financial institutions. Here, we take a look at the history of CHAPS, who it is designed for and the benefits...
What is Faster Payments? A Complete Guide

What is Faster Payments? A Complete Guide

WHAT IS FASTER PAYMENTS? A COMPLETE GUIDE TO FPS The Faster Payments Service (FPS) is an extremely popular method of making fast, effective and reliable payments in the UK. As the name suggests, payments made through FPS are much quicker than other methods,...
VIRTUAL IBANS: EXPLAINER

VIRTUAL IBANS: EXPLAINER

Virtual IBANs: Your Complete Guide Virtual IBANs are one of the many payment solutions that Clear Junction provides access to. Indeed, they rank among our most popular and readily utilised services and it is easy to see why: virtual IBANs help banks and financial...
What is Bacs? Complete Guide to Bacs Payments

What is Bacs? Complete Guide to Bacs Payments

What is Bacs? Complete Guide to Bacs Payments Bacs (or BACS) is an acronym that stands for Bankers’ Automated Clearing System. Put simply, it is a network of banks and building societies that are part of the Bacs payment services scheme and is a convenient means for...

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The 2022 Digital Currencies 360 Event

The 2022 Digital Currencies 360 Event

The Clear Junction team recently attended The Payments Association’s Digital Currencies 360 event that took place at the Business Design Centre in London on 22 March 2022. By all accounts the event was a huge success and testament to the recent evolution of digital...

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The History of Cryptocurrency

The History of Cryptocurrency

In a little over a decade, we have gone from the creation of the first decentralised cryptocurrency to a market that is now worth more than $3 trillion. So, how did we get here? In this blog, we try to answer that very question by tracing the history of...

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The History of Paper Money

The History of Paper Money

With the world increasingly moving to cashless and contactless payments, the use of paper money is dwindling fast. But how many of us have thought about how the use of paper money came into being in the first place? Here, we take a look at the history of paper money -...

read more