Central Banking

Logica implements Chile RTGS system

Logica announced on Thursday the successful implementation of its Real-Time Gross Settlement (RTGS) System for the Banco Central de Chile (BCC), Chile's Central Bank.

The system provides Chile with a modern payment infrastructure, which confers stability to and confidence in the national banking system by eliminating systemic risk and increasing operational efficiency, crucial for attracting inward investment.

The RTGS infrastructure also enables Chile's commercial banks to offer a wider range

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