Inter-bank Payment Systems

Global Concepts' expertise is rooted in a fundamental understanding of the operations, technologies, rules and regulations surrounding inter-bank clearing and settlement.

This expertise allowed us to assist the United Kingdom's Cheque and Credit Clearing Company to devise and implement an electronic clearing and settlement mechanism, Inter-Bank Data Exchange (IBDE). It has helped major clearing houses to streamline their operations, quantify their risk exposures and explore the costs and benefits of new business opportunities. Because of our expertise in this area, we have also supported financial institutions and technology companies in the development and analysis of new payment products and technologies.

Our expertise in inter-bank clearing and settlement serves as a catalyst for payments system modernization and change. Our whitepapers have helped to change settlement practices in the and to lay the foundation for Electronic Check Presentment and image exchange among banks.