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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

This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquidity management and Just-in-Time multi-bank payments for financial institutions.

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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 launch builds on DBS’s significant experience with blockchain technology.

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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

According to Partior, its global unified ledger allows financial market participants, including banks and payment service providers, to join its network and access real-time, cross-border, multi-currency clearing and settlement.

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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.