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AXOS bank provides its clients access to blockchain payments
May 05, 2022
Tassat Group Inc., a leading provider of private blockchain-based, real-time payment solutions for banks, has as of late declared that digital banking pioneer Axos Bank will offer its commercial banking clients access to TassatPay, enabling instantaneous, secure, real-time payment capabilities day in and day out/365. Allowing banks to offer this assistance guarantees their B2B customers can remain competitive in the increasingly digital economy.
When coordinated, TassatPay will permit Axos Bank’s business banking clients to make real-time payments to other Axos Bank business clients signed up for TassatPay. TassatPay’s digital payments elective, provided via a private, permissioned blockchain-based platform, offers reduced costs, immediate settlement, and the highest levels of security, all within current regulatory perimeters. TassatPay’s proven platform has processed more than $400 billion in digital payments.
“Axos Bank, with its heritage of digital banking leadership and a client base that principally banks online, is a characteristic fit for TassatPay,” said Kevin R. Greene, Tassat’s Chairman, and CEO. “TassatPay’s ability to provide, real-time payments will enable Axos Bank and its clients to compete and win in the fast-growing digital economy.”
Tassat is a New York-based FinTech company that provides digital payment solutions for banks to offer to their commercial customers. It is one of the first companies to deliver a blockchain-based B2B digital payments platform vetted by a primary bank regulator and has transacted billions of dollars to date.
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