Remove Liquidity Management Remove Multi-Currency Remove Treasury
article thumbnail

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.

article thumbnail

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.

article thumbnail

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

Fintech News

This demonstrates how blockchain can support evolving treasury and liquidity needs. With the corporate treasury function becoming increasingly strategic and a key driver of a business’ bottom-line, this demonstration of how blockchain can help global businesses better meet their evolving treasury and liquidity needs is very timely.”

article thumbnail

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.

article thumbnail

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.

article thumbnail

Citi Changes Its TTS Management Team

PYMNTS

Citi has named Stephen Randall as the TTS global head of liquidity management services in the London office, the company has announced. As a senior executive and contact for Citi’s major clients, Randall will be tasked with a leadership role in the partnership with Citi Treasury. He succeeds Mark Smith in the role.

article thumbnail

Waking Banks Up To What SMEs Really Want

PYMNTS

Smaller companies today are trading internationally and are becoming multi-banked businesses with FX needs. This customer segment also expressed a lack of liquidity management services from their banks, too. Why is everybody saying that liquidity [management] is not for the little guys? Cantor added.