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Add as a preferred source on GoogleCosmos Suite Links Jack Henry Systems to 24/7 Cross-Border Payments
The payments use tokenized deposits, which remain liabilities of the issuing banks.
An integration between Cosmos Labs’ tokenization suite and Jack Henry’s core banking systems lets banks route cross-border payments using tokenized deposits at any hour, with settlement taking less than three seconds.
The suite also connects bank ledgers to Swift’s shared ledger.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.