How it works

The Fnality Payment Systems will enable real-time peer-to-peer settlement in a digital cash asset backed by central bank money.

We are developing Fnality Payment Systems in major currencies to create a global digital finance ecosystem. This system enables real-time, 24/7 settlement in central bank money and facilitates the movement of cash and collateral across borders and currencies.

A Central Bank Money-Backed Payment System

Participants in the Fnality Payment System hold funds in a central bank account, providing 1-to-1 funds with the credit risk characteristics of central bank money. This digital representation allows for 24/7 availability, real-time settlement, and programmability of money for various business applications.
A Global Payment Network

Multiple Fnality Payment Systems interoperate to enable real-time treasury optimisation, active liquidity management, and T+0 cross-border settlement on a PvP basis. Transactions are validated by consensus, eliminating the need for a centralised settlement agent and eliminating credit counterparty risk.
A Decentralised Financial Ecosystem

Fnality offers the central bank money cash leg for settlement of assets across various platforms, essential for tokenised asset markets. Our payment rail enhances institutional usability, making global financial markets faster, cheaper, and safer. Fnality’s universal interoperability protocol allows seamless integration with existing and emerging financial market infrastructures.

Fnality enables participants to use settlement balances directly at the central bank for real-time, cost-effective, and secure wholesale payments, addressing market challenges.

A globally interconnected payment system. Always available

Our mission is to build the next generation of financial market infrastructure that removes barriers to the free flow of money between participants, partner business platforms, and across borders.
Participants are abled to transact and settle with improved speed, efficiency, and cost, all while ensuring resilience and safety.

Seize the benefits

Fnality is leveraging a cutting edge technology to build institutional-grade regulated payment systems to enhance global finance.

Distributed ledger technology (DLT) forms the backbone of our system, enabling a decentralised, peer-to-peer model that is secure, resilient, and efficient. Unlike conventional centralised systems, the Fnality Payment Systems operate via a distributed network of nodes, each contributing to the transparency, safety, and immutability of every transaction.

Security

Fnality Payment Systems are distributed settlement platforms on a private Ethereum network, featuring multiple security layers. Node communication is encrypted, and all transactions are signed with the participant’s private key. The system continually updates its security protocols to counter evolving cyber threats, using advanced cryptographic techniques to protect data both in transit and at rest.

Distributed Architecture

Each Fnality Payment System uses a decentralised ledger, enhancing security against fraud and unauthorised access. Transactions are recorded, verified, and encrypted across network nodes, ensuring data immutability and resilience through distributed consensus. This system prevents individual points of failure and mitigates cyber threats.

Regulatory compliance

Our commitment to security and risk management includes compliance with central bank regulations. We conduct regular audits to align our systems with current regulatory standards and best practices, maintaining user trust and contributing to financial ecosystem stability.

Fnality Services

Fnality Services is the operational support and product delivery division of the Fnality Group. Its duties include offering daily operational support for every Fnality Payment System, licensing software products, and facilitating inter-system agreements

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