Webinar - Payments and Settlements Systems - RTGS, SWIFT, LVTS, CLS

Webinar – Tuesday November 1, 10:00 AM PDT / 1:00 PM EDT

This webinar focuses on the entire payments and settlements process: beginning with the making of a payment and ending with the payment being received by the beneficiary and settled in a manner that makes it final and irrevocable.

We will explore the nature of a payment and the many ways that these funds may be transmitted from the payer to the receiver, depending on the parties’ physical location and their requirements, as well as the settlement that occurs between the intermediaries handling the payment so as to ensure that the transaction cannot be legally challenged.

We cover the full range of major payment & settlement systems including; Payment systems, Real Time Gross Settlement (RTGS), Large Value Transfer Systems (LVTS), Deferred net settlement, Continued Linked Settlement (CLS), SWIFT financial messaging and, Correspondent banking.

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Use coupon code 335840 and get 10% off on registration

Webinar - Payments and Settlements Systems - RTGS, SWIFT, LVTS, CLS

Join Citadel Advantage’s STANLEY EPSTEIN on Tuesday November 1st, 10:00 AM PDT / 1:00 PM EDT.

Understand the payments and settlements process through this webinar: beginning with the making of a payment and ending with the payment being received by the beneficiary and settled in a manner that makes it final and irrevocable.

This webinar will explore the nature of a payment and the many ways that these funds may be transmitted from the payer to the receiver, depending on the parties’ physical location and their requirements, as well as the settlement that occurs between the intermediaries handling the payment so as to ensure that the transaction cannot be legally challenged.

DETAILS HERE>>

CLS wins legal battle in settlement 'patent' dispute

From Finextra

“The US Supreme Court has found in favour of CLS Bank in a long-running patent dispute with Alice Corporation over the abstract notion of intermediated settlement.

In its opinion statement, the Supreme Court said: "We hold that the claims at issue are drawn to the abstract idea of intermediated settlement, and that merely requiring generic computer implementation fails to transform that abstract idea into a patent-eligible invention."”

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