Major banks, including Citi, HSBC, and Standard Chartered, began using SWIFT's digital ledger for cross-border payments.
1 report, 1 independent
Updated Sep 7
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Major banks, including Citi, HSBC, and Standard Chartered, began using SWIFT's digital ledger for cross-border payments.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- ACI Worldwide integrated its hub with SWIFT's blockchain ledger.Sub-event
Banks are utilizing SWIFT's ledger to develop shared tokenized deposit networks for cross-border payments.1 source
Keep exploring
The entities involved
-
Citigroup
American investment bank and financial services corporation
-
HSBC
British multinational bank
-
SWIFT
Belgian payments services society
Related events
- HSBC and Morgan Stanley were identified as global financial institutions.
- The largest banks, including JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup, are reportedly working on a tokenized deposit network while the Clarity Act moves through the Senate.
- Citigroup and Morgan Stanley are noted as major financial services players.