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DBS Launches Blockchain-Powered Treasury Tokens Pilot With Ant International for 24/7 Treasury and Liquidity Management

Fintech Finance

DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.

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Nium Boosts Cross-Border Payment Efficiency with Partior

Fintech News

Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. Featured image credit: Edited from Freepik The post Nium Boosts Cross-Border Payment Efficiency with Partior appeared first on Fintech Singapore.

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DBS Drives Innovation with Blockchain Services for Institutions

Fintech News

DBS Token Services includes solutions like Treasury Tokens, which facilitate instant multi-currency intra-group transactions for large companies, unaffected by traditional currency cut-off times or non-banking hours. This was successfully piloted with Enterprise Singapore and the Singapore Fintech Association.

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OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

Fintech News

Melvyn Low Melvyn Low, Head of Global Transaction Banking, OCBC, said, “In this collaboration with Ant International, we will leverage our joint blockchain capabilities to enable faster, seamless multi-currency clearing and settlement for Ant International’s intra-group treasury and liquidity management.

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DBS Launches Blockchain-Based Treasury Tokens With Ant International

Fintech News

DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International.

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Temasek-backed Partior Ledger Expands Following US$60M+ Series B Investment

Fintech News

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

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Ripple Partners With Clear Junction to Enhance UK and EU Cross-Border Payments

Fintech Finance

A host of new currencies are scheduled to be switched on for Ripple customers later this year. Clear Junction is a great fit for Ripple,” said Cassie Craddock, Managing Director, Europe at Ripple. The post Ripple Partners With Clear Junction to Enhance UK and EU Cross-Border Payments appeared first on Fintech Finance.