Subscribe to DTO
Get the latest intelligence on digital trade, cross-border payments and transaction banking. Delivered to senior professionals in 80 countries.
Browsing: CrossBorderPayments
DBS and Citi have demonstrated the potential for 24/7 cross-border USD payments by completing a weekend transaction between Singapore and the U.S. using tokenised deposits on the Swift Digital Ledger. Settled within minutes instead of up to two business days, the transaction highlights how tokenised money on established banking infrastructure could improve liquidity management, reduce time-zone and weekend delays, and give corporate treasurers faster access to funds across markets.
KB Kookmin Bank has launched an import export corporate payment service built on Kinexys by J.P. Morgan’s Blockchain Deposit Account…
SOOHO.IO, a leading innovator in digital financial infrastructure, and Partior, the live global settlement network for USD, SGD and EUR,…
Royal Bank of Canada has formally established Global Transaction Banking (GTB) as a single, unified business, a move that sharpens…