News & Insights
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...
What Are NFTs? Non-Fungible Tokens Explained
Non-fungible tokens (NFTs) are units of data that are stored on a blockchain. This essentially guarantees that a given digital asset is unique and cannot be interchanged with something else. In recent times, there have been several reports of some NFTs being sold...
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Company News
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...
Paynet to provide remittance services from Europe into Moldova
Clear Junction has recently started providing solutions to Paynet to support its vision to provide cross-border payment services. The partnership helps Paynet provide remittance services, specifically those from Europe into Moldova. We are delighted to announce...
Clear Junction Launches New Partnership Programme
Clear Junction has recently launched a brand new partnership programme which rewards individuals and businesses for successfully identifying new clients. The programme makes it easy for referees to forward details of businesses that might benefit from our banking...