Real-Time Settlement: Engineering Sub-Second Transaction Processing at Global Scale

Digital transactions underpin vast reaches of modern commerce. Such transactions are variably settled within seconds, minutes, or days; deposit accounts provide instant credit but are implicated in the payments infrastructure's slowest transactions. As settlement technology evolves, rapid settlement becomes increasingly critical for the competitiveness of financial products. A genuinely global real-time settlement service, capable of supporting a wide range of business models, is therefore desirable.