Cross-border payments network RTGS.global has introduced 23 new currencies to its platform, enabling instant settlement between participating financial institutions through a single API connection.
An estimated $3 trillion to $5 trillion in daily payments remain vulnerable to Herstatt Risk, where one counterparty might fail to pay the other, leading to delays, inefficiencies, and risks that have long impeded global money movement.
To address these challenges, RTGS.global operates as a messaging and orchestration layer, functioning continuously and avoiding time zone cut-offs, correspondent chains, and traditional business hour limitations, even in markets that have historically been underserved by global banking infrastructure.
This recent expansion is a result of a strategic partnership with TransferMate, an embedded B2B payments infrastructure as a service provider. This collaboration allows institutions using RTGS.global to access a broad range of major currencies and local domestic payment rails through a single integration with the RTGS.global API.
“Imagine the global flow of money as a vast network of highways,” says Marcus Treacher, executive chairman and CEO of RTGS.global. “For decades, much of the world’s cross-border payments have been stuck in traffic—delayed, circuitous, and risky. We’ve now built the motorway, complete with major intersections and rules, enabling banks and payment companies to move money quickly, safely, and reliably. This solution has been proven in real-world scenarios, is ready for scaling, and provides a collective uplift for all participants.”