DeFi Intel

Emirates NBD goes live on Partior DLT settlement network

Emirates NBD announced it is live on the Partior network, the DLT based clearing and settlement network for cross border payments, making it the first bank in the MENAT region on the network. Partior pre dates the BIS Project Agorá and has some similarities in that it uses blockchain to expedite correspondent banking, but without…

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Emirates NBD is the first MENAT bank live on Partior, clearing eligible US dollar payments in real time with J.P. Morgan as settlement and beneficiary bank.

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