
Virtual IBANs and virtual accounts: how they work and why they scale reconciliation
A virtual IBAN (International Bank Account Number) – often described as a virtual account – acts as a unique payment…

Fraud is getting smarter – but some simple steps can help you avoid it
Fraudsters relentlessly pursue other people’s money, and there’s no depth they won’t go to get it. The online scams and…

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…

Which Banks Use CHAPS?
As one of the most popular, effective and efficient payment systems in the world, it is hardly surprising that CHAPS…

Fintech and the Financial Ecosystem – Part Two
Over the past few years, there have been many examples of traditional lenders and fintechs working together to develop new…

Fintech and the Financial Ecosystem – Part One
The explosion of investment into the UK’s financial sector over the past few years has accelerated the digitalisation of finance.…

Common Scam Tactics: Fake Emails, Websites and Other Communications
Here at Clear Junction, we take the safety and security of all of our clients extremely seriously. However, despite our…

The History of Cryptocurrency
In a little over a decade, we have gone from the creation of the first decentralised cryptocurrency to a market…

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…