Ripple announced on September 23rd the creation of the first interbank group for global payments based on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada are the founding members of the network, known as the Global Payments Steering Group (GPSG). CIBC will also join the GPSG as a new member.
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INTIX will enable financial institutions to increase visibility and control on your payment transactions independently of formats, semantics, channels, database, … including those managed in blockchains.