News & Insights
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...
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...
Overcoming the challenges you’ll face as an acquirer
Clear Junction has developed a range of banking and payments solutions to help acquirers overcome many of the challenges they face. As acquirers operate within a typically neglected sector, the experience, understanding and expertise our team brings helps them...
What are CHAPS payments?
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 of one of the most popular high-value...
Digital currency fraud prevention tips
Cryptocurrency trading and investments have become increasingly popular in recent years. With first time investors and crypto enthusiasts lured in by the soaring value of bitcoin, financial institutions are becoming increasingly aware of a rise in fraud victims...
What is Faster Payments? A Complete Guide
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, particularly if both the sending and receiving bank are...
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Company News
New Open Banking Vendor Service Launched
Clear Junction has recently launched a new open banking vendor service that is based on the use of e-money accounts for merchants. The service complements the PIS offering of open banking vendors and is expected to further fuel the adoption of open banking...
Nova Poshta Streamlines Its Cross-Border Payments Services
Clear Junction has partnered with the Nova Poshta group to provide a range of cross-border payments services to its main payment arm. The partnership is indicative of Clear Junction’s interest in expanding its services on a global scale. We are pleased to announce...
Latest Sanctions Screening Audit Results
As a licensed financial institution, Clear Junction is dedicated to ensuring we uphold our responsibilities, especially those regarding facilitating payments on behalf of our clients. Here, we share some of the results of our latest audit, which specifically...