Insights
How remittances to Africa can be made cheaper, faster and boost financial inclusion
Globally, the number of people who need to make low value cross-border remittances has grown rapidly since 1990. Today there are more migrant workers than ever before, not to mention global nomads and international students. Given that more than 11 million African...
Clear Junction’s 2023 Journey: A Year of Innovation and Growth
As the curtains fall on 2023, Clear Junction reflects on what can only be described as an extraordinary year. Not only did we celebrate our 7th birthday, but we revelled in seven years of evolution, growth, and becoming a beacon of trust for payment service...
Clear Junction Earns Prestigious Spot in The Fintech Power 50 for 2024
Standing out among the multitude of innovative fintech companies is no small feat. However, Clear Junction has proven itself to be a trailblazer by securing a coveted spot in The Fintech Power 50 for 2024. Unveiled at Fintech Connect in London, this recognition...
Fraud is getting smarter – but some simple steps can help you avoid it
Fraudsters are relentless in their pursuit of other people’s money, and there’s no depth they won’t sink to in order to get it. The online scams and schemes that fraudsters devise are frighteningly sophisticated, and getting smarter all the time. Banks and other...
Clear Junction Launches Confirmation of Payee Service
Earlier this year, the Payment Systems Regulator (PSR) published a new rule that encouraged banks and building societies to adopt Confirmation of Payee (CoP) in a bid to reduce the number of individuals and businesses who fall victim to authorised push payment...
Clear Junction acquires cryptoasset firm Altalix
Clear Junction, a global leader in cross-border payments solutions for regulated institutions, has today announced the acquisition of Altalix, a UK-based fintech company providing fiat-to-crypto gateway solutions. Altalix was one of the first UK businesses to...
Clear Junction gets ISO 27001-certified
London, UK. 29 August 2023: Clear Junction, the global cross-border payments solution leader, has today announced it has been granted ISO 27001 certification, the highest global standard that corporates can achieve for information security. With this globally...
Which Banks Use CHAPS?
As one of the most popular, effective and efficient payment systems in the world, it is hardly surprising that CHAPS involves more than 30 banks who are considered direct participants. In addition, there are many more financial institutions who access the system...