SINGAPORE, March 16, 2022 /PRNewswire/ -- Nium, a global leader in modern money movement, today introduced a new brokerage payments solution that offers international financial institutions (FIs) a faster and more cost-effective method of settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities. When compared to transactions settled via the SWIFT International Payments Network, Nium lowers settlement costs for Financial Institutions by up to 90% for international brokerage account transactions.

Global brokerage firms are seeing increased retail investor interest in overseas equities markets, particularly in the United States. Until now, transaction settlement for financial...