News & Insights
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...
Why London Remains at the Heart of European Fintech
London has long been known as the financial capital of the world, despite the presence of other major hubs across the globe, such as New York, Hong Kong and Frankfurt. Here, we look at why London remains at the heart of European fintech in particular and whether...
VIRTUAL IBANS: EXPLAINER
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 institutions reduce costs, increase...
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Company News
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...
PayOp Enhances Merchant Offering and Payment Methods
Clear Junction has recently partnered with PayOp to provide them with access to additional payment methods across the UK and EU. The new relationship will enable PayOp to improve its merchant offering and expand its client base in various countries. We are excited...