The banking industry is now experiencing more disruption than ever before. Open banking, digital acceleration and the rise of embedded fintech are all driving new competition, while the cost of doing business continues to increase. While new challenges abound, so do new opportunities: with distributed ledger technology (DLT), banks can create next-generation efficiencies and drive innovation to meet evolving customer expectations.
With Corda—the only purpose-built DLT application development platform for highly regulated industries—banks can transform cross-border payments and treasury management with digital assets, reap the rewards of industry-wide reconciliation, and streamline client onboarding with collaborative KYC solutions. From faster payments to faster lending, discover how Corda is transforming the world of banking today.
Senior Communications Consultant, Wells Fargo
Head of Innovation, ABI
Head of Blockchain & B2B Platforms, Capgemini
The Spunta Banca DLT solution, built on Corda Enterprise by SIA, NTT Data and governed by ABI – the Italian Banking Association – is live with over 100 Italian banks, representing 91% of the nation’s banks. In the first 6 months, Spunta Banca DLT has processed 204 million transactions with an automatic match rate of 97.6%, transforming the interbank reconciliation process.
Watch their CordaCon session or watch the replay of our 'Rethinking Reconciliations with Distributed Ledger Technology' webinar.
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