DeFi Intel

Sterling Fnality Payment System product

wholesale settlement · PageRank 0.0008

Also known as: FnPS GBP

Overview

Sterling Fnality Payment System is a distributed ledger technology (DLT) based wholesale payment system for sterling (GBP) settlements. It is designed to facilitate real-time interbank payments and securities settlement using tokenized central bank money. The system is operated by Fnality International, a consortium of financial institutions.

Within the DeFi Intel graph, Sterling Fnality Payment System connects to 1 tracked entity, most strongly to Fnality International.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

RelationConnected entityConfidence
ownsFnality International95%

Frequently asked questions

What is the Sterling Fnality Payment System?

The Sterling Fnality Payment System is a distributed ledger technology (DLT) based wholesale payment system for sterling (GBP) settlements, designed to facilitate real-time interbank payments and securities settlement using tokenized central bank money.

Who operates the Sterling Fnality Payment System?

The system is operated by Fnality International, a consortium of financial institutions.

What type of money does the Sterling Fnality Payment System use for settlements?

It uses tokenized central bank money for real-time interbank payments and securities settlement.