Central Banking

Danish payments report details challenging shift to real time

'Straksclearing' has run into a few issues since launch

national-bank-of-denmark
The National Bank of Denmark

Since the launch of ‘Straksclearing', Denmark's real-time retail payments system, the number of issues observed has risen, illustrating the challenges of the shift to real time, the National Bank of Denmark's annual payments report shows.

Published June 9, the report notes some of the "system incidents" are likely start-up issues. "However, the incidents in the Straksclearing illustrate the challenges of real-time settlement and highlight the importance for the system owner and operator of

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