Fintech Finance

AUGUST 14, 2024

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.

Liquidity Management 95

Liquidity Management Treasury Multi-Currency Cross-Border Payments 95

Fintech News

NOVEMBER 5, 2024

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.

Settlement 108

Settlement Blockchain Cross-Border Treasury 108

Fintech News

NOVEMBER 5, 2024

Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. Partior’s platform addresses key inefficiencies in global payments by cutting settlement times, lowering costs, and improving transparency.

Cross-Border Payments 123

Cross-Border Payments Cross-Border Multi-Currency Real Time Payments 123

Fintech News

OCTOBER 20, 2024

The new services allow for 24/7 real-time settlement of payments and utilise smart contracts to increase security and transparency. These tokens are designed to streamline liquidity management within companies operating across multiple markets, rather than just cross-border transactions.

Blockchain 112

Blockchain Innovation Liquidity Management Multi-Currency 112

Fintech News

JULY 14, 2024

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.

Cross-Border 106

Cross-Border Correspondent Bank Multi-Currency Settlement 106

Fintech News

AUGUST 12, 2024

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. DBS Treasury Tokens aim to address the needs of large corporations like Ant International, which operate across multiple markets.

Treasury 90

Treasury Blockchain Cross-Border Payments Multi-Currency 90

Finovate

NOVEMBER 7, 2024

Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.

Real Time Payments 52

Real Time Payments Cross-Border Payments Payment APIs and Integration Cross-Border 52