Fuse rebrands as Lorum, positioning as a specialist correspondent institution focused on institutional clearing and treasury infrastructure.
Global payment networks and schemes have continued to evolve, supporting faster and more connected transaction flows worldwide. At the same time, the institutional structures responsible for clearing and settlement have largely remained embedded within business models centred on lending, balance-sheet management, and yield optimisation.
Fuse announced its rebrand as Lorum, reflecting the company’s transition into a specialist correspondent institution focused on institutional clearing and treasury infrastructure for regulated financial institutions.
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For decades, clearing functions have primarily operated inside full-service banks whose core business depends on deposit-taking and lending. When clearing is subordinated to balance-sheet priorities, institutions may experience slower settlement timelines, reduced transparency, and less predictable reconciliation processes. As organisations expand across markets, they are often required to manage fragmented correspondent relationships, local payment rails, and duplicated compliance structures.
The rebrand to Lorum follows a period of growth in transaction volume, geographic reach, and institutional usage. It clarifies the company’s role within the financial ecosystem as a provider of clearing and treasury infrastructure, rather than a front-end payments platform.
From Fuse to Lorum: Clarifying an Institutional Mandate
The transition from Fuse to Lorum reflects the company’s evolution from early infrastructure development into a dedicated institutional clearing and treasury partner. As the platform expanded across markets and regulatory jurisdictions, the original name no longer fully represented the scope or focus of its institutional role.
Everyone wants to talk about fixing SWIFT or replacing it with stablecoins, but SWIFT is just the messaging layer,” said George Davis, co-founder and CEO at Lorum. “The real friction is the chain of custody at the start and end of a payment. That is where timelines slip, controls get messy, and costs spiral. Lorum exists to fix the edges, not the network.
Unlike traditional banks, Lorum does not operate a retail banking or lending business. Its mandate is narrowly defined: to act as a specialist correspondent institution supporting clearing, cash management, and treasury infrastructure for regulated clients.
Institutional Clearing and Settlement Challenges
Many modernisation efforts in global payments focus on improving transaction initiation or messaging layers. However, the mechanics of clearing and settlement – including custody, safeguarding, and reconciliation – continue to be handled by institutions whose incentives are not always aligned with fast and predictable settlement outcomes.
When clearing functions are embedded within lending-focused institutions, organisations may encounter:
• settlement timelines influenced by internal liquidity management,
• limited real-time visibility across markets,
• manual or fragmented reconciliation processes,
• operational complexity as correspondent relationships scale.
Institutions expanding internationally often face increasing complexity as a result, managing multiple clearing arrangements with varying controls, timelines, and reporting frameworks.
Lorum approaches clearing from a different starting point: treating clearing as a standalone institutional function that benefits from dedicated infrastructure and governance.
A Specialist Correspondent Institution for a Multi-Market Environment
Lorum provides correspondent clearing and treasury infrastructure through a unified network spanning more than 30 markets. Through a single relationship and integration, regulated institutions can access local payment rails, multi-currency clearing, and named account structures without establishing separate banking relationships in each jurisdiction.
The platform supports institutions by enabling them to:
• clear and settle funds locally in major and domestic currencies,
• operate named customer and operational accounts across markets,
• centralise treasury and cash management functions,
• retain ownership of customer relationships and product design.
By consolidating these capabilities, institutions can reduce operational overhead while maintaining predictable settlement processes and intraday control.
Local Rails, Named Accounts, One Network
Through local licensing and direct access to domestic payment schemes, Lorum enables institutions to operate with named customer accounts in each supported market. Funds are collected and disbursed locally while remaining part of a single, consolidated treasury structure.
This model supports regulatory clarity and local safeguarding requirements, while helping institutions avoid the increasing complexity associated with fragmented correspondent banking arrangements.
For many organisations, market expansion can be managed through a single correspondent clearing relationship rather than the creation of new clearing structures in each country.
Built for Regulated Institutions and Operational Control
Lorum serves regulated institutional clients exclusively. It does not offer retail or consumer-facing payment products.
The company maintains the regulatory authorisations required to provide clearing, account infrastructure, and safeguarding services in the markets it supports. Lorum Finance (DIFC) Ltd is authorised by the Dubai Financial Services Authority (DFSA) and operates within established regulatory frameworks across its jurisdictions.
Institutional treasury teams require consistent control, auditability, and transparency. Lorum provides:
• real-time visibility into balances and flows,
• structured governance and reporting,
• bank-grade audit trails,
• operational controls designed for institutional scale.
These features reflect Lorum’s role as core financial infrastructure rather than a transactional application.
Industry Perspective
“Discussions about modernising payments often focus on front-end changes,” added Davis. “Clearing and custody frameworks play a critical role in determining how reliably and predictably money moves between institutions. Lorum’s focus is supporting that institutional layer.”
By concentrating on clearing and custody rather than transaction initiation, Lorum positions its platform as a foundational component within institutional financial operations.
Supporting Institutional Financial Platforms
Lorum supports a range of regulated institutional use cases, including:
• payroll and employer-of-record platforms,
• regulated fintechs and payment service providers,
• trading and investment platforms,
• global marketplaces operating complex payout models.
Across these use cases, institutions require reliable local settlement, centralised treasury oversight, and regulatory alignment across markets.
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