The Digital Euro Association (DEA) is delighted to announce its partnership with RTGS.global, which is building a financial market infrastructure (FMI) for the digital age. RTGS.global makes inter-bank liquidity visible, enabling wholesale cross-border payments to become faster and more efficient, while reducing settlement risk. The DEA’s partnership with RTGS.global will include, amongst others, joint educational efforts around digital currencies, knowledge exchange, and furthering the DEA’s mission of encouraging new ideas and forward-thinking in the field of digital money.

“Through our partnership with RTGS.global, we look forward to the exchange of insights regarding wholesale CBDCs gained from RTGS.global’s innovative developments in wholesale cross-border and interbank payments. This partnership further strengthens our portfolio of technology partners working on CBDC infrastructure solutions, and will positively contribute towards the discussion around a digital euro”, said Conrad Kraft, Executive Director of the Digital Euro Association.

“The trials and tribulations associated with cross-border transactions are well known. As demand increases, we need a way to speed up transaction processes while mitigating settlement risk. We should be aiming to match the speed of domestic payments, or any of the other digital services that we consume day-to-day. To make this a reality, cross-industry collaboration is essential. As such, we are delighted to become part of the DEA to help shape the future of digital money in Europe and further afield,” said Andrew Smith, CTO, RTGS.global.