Interbank Network
Time 2022-09-14 12:12:31Web Name: Interbank Network
WebSite: http://www.interbanknetwork.com
ID:314688
Keywords:
Interbank,NetworkDescription:
Skip to contentJOIN THE DIGITAL INTERBANK NETWORK
The Digital Interbank Network is the gateway to a fully digital banking system – it is the future of banking. Learn more Press ReleaseThe Digital Interbank Network is the world's first blockchain-based, real-time B2B payments network operating entirely within the existing regulatory framework of the U.S. banking system.
The Network is comprised only of FDIC insured banks transacting real-time payments and performing other banking services between their commercial customers – 24 hours a day, 365 days a year, via private permissioned blockchain.
The Network enables banks to offer a virtually unlimited range of secure, real-time services to their customers, including instantaneous blockchain-based payments, Fedwire integration and Smart Contracts.
Instant Payments
Instantaneous payments 24/7/365 between participating banks with no limits on transaction sizes or volumes.
Private Permissioned Network
Secure real-time B2B payments across Member Banks. Private permissioned blockchain is accessible only to entities allowed to view the data and transactions.
Bank Compliance-Focused
All Member Banks have established identities and utilize banks’ existing know-your-customer (KYC) and anti-money laundering (AML) processes.
Governed by Member Banks
The Network is governed by Member Banks ensuring banks remain at the leading edge of innovation in banking and financial services. Innovative use cases and new applications can be deployed and adopted swiftly and efficiently.
Compatible & Customizable
The Network’s technology is compatible with legacy banking systems, allowing Member Banks to give clients access to the latest innovations without having to redesign or fully upgrade their systems. Fedwire integration available to Member Banks. Smart contracts and other financial innovations can be implemented swiftly and cost-effectively.
Supports U.S. Banks
Banks are the backbone of the U.S Economy. The Network operates for the benefit of US regulated banks. The Network allows banks to target both local and large vertical markets.
Contact us to learn about being a Member Bank in The Digital Interbank Network.
Contact usBenefits to Member Banks Include:
Company Overview
In 2019 Tassat launched the world’s first blockchain-based real-time B2B payments platform, TassatPay.TASSAT: THE COMPANYFounded in 2017
Based in New York’s Flatiron “tech” district
Won 2021 Google Cloud Award for Innovation in Financial Services
TASSATPAY: THE PLATFORMInitial launch in 2019
Over $500 Billion in real-time transactions to date
Tassat has added Smart Contracts and Fedwire functionality to make TassatPay a one-stop-shop for B2B Payments.
THE DIGITAL INTERBANK NETWORKGoverned by Member Banks
Instant payments between member banks
Innovation and opportunity in new vertical use cases
News
Latest in Crypto Hiring: Morgan Stanley Exec Jumps Ship to Crypto
Blockchain-based solutions provider for commercial banks adds former leaders from Bank of America Merrill Lynch, London Stock Exchange.
Read moreTassat Announces Key Appointments Amid Demand for Blockchain-Based Banking Solutions
Tassat® Group Inc., the leading provider of real-time, blockchain-based payments solutions for commercial banks and their B2B customers, today announced several…
Read moreTassat Generates Record Interest From More than 200 Banks in the Digital Interbank…
Tassat Group Inc., sponsor of the Digital Interbank Network (The Network), today announced that they are in discussions with more than…
Read moreVideos
Introductory Video to TassatPay & The Digital Interbank Network
Play Video about Interbank LaunchTassat Group Inc. unveiled the nation’s first real-time Digital Interbank Network (“The Network”) and the technology infrastructure behind it with a live demonstration attended by more than 100 banks from around the country on December 16, 2021. See highlights from the event here.
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HomeAboutBenefits To BanksCompany OverviewNewsVideosThe Network
The Digital Interbank Network is the gateway to a fully digital banking system – it is the future of banking.
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