Nomos Digital
Nomos addresses the issues of cost of settlement and cost of liquidity with a unique system based solution. We eliminate the need for legal intermediaries in the cross-border payment process but retain the role of correspondent banks who become connectivity aggregators and supply credit, treasury and liquidity services. Existing respondent banks need not invest in any new connectivity or technology to get the benefit of reduced costs, full transparency, and near-real time cross border payments. Suitable for high value, retail payments and remittances, the service platform is forward and backward interoperable with CBDC’s and stablecoins easing the way to future forms of money. The service platform delivers synchronised PvP settlement, establishes dynamic real-time payment corridors, improved and yet simplified compliance, and is capital and liquidity efficient. Launching in 2025, the system is capable of fully attaining the FSB cross-border payment objectives as set out in Oct2021 including cost, speed, transparency and usage across all payment categories and supported currencies (limited only by central bank support).
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