Bend the real-time payments curve in your direction

Explore what’s possible with digital currencies and faster payments.

Realize the future of next-gen payments

Today, cross-border payments involve a highly fragmented set of activities by banks in multiple countries. This process is fraught with inefficiencies and results in high fees, limited transparency and long settlement times. Banks are also grappling with how to integrate new payment types with existing cash, check and card payments.

With next-gen payment capabilities, companies can:

Transact and move digital assets
Directly and seamlessly between entities and across borders with trust.

Settle payments
In near real time globally, with less reliance on costly third parties.

House multiple payment types
On a single modern, programmable payments platform.

Innovation in payments

Next generation global financial infrastructure

OneHypernet connects the world’s foreign exchange markets – banks, corporates, and payment service providers on a unified ecosystem powered by enterprise blockchain technology. Their global payments network enables structurally cheaper and faster cross-border transactions.

CASE STUDY
Multilateral netting solution

Digital payments and embedded supply chain finance

CoreChain delivers a digital B2B payments and financing solution for any buyer-supplier network, platform, or marketplace in North America. CoreChain’s solution enables faster and more efficient digital payments eliminating back-office expenses and reducing fraud. With over $300 million in B2B payments processed and counting, CoreChain has eliminated 1,000s of hours of back-office operations and expanded operating hours with 24×7 transactions.

PODCAST
Recent news in CBDC with R3’s Austen Appleby and CoreChain’s CTO and founder/CEO talk payments networks!

Cross-border digital cash solution

Digital Cash eliminates the reliance on SWIFT and correspondent banks using cash tokens to move value between Wells Fargo entities cross-border. It results in settlement without third parties and a reduction in transfer time, costs and points-of-failure.

After successfully completing a pilot in 2020, Wells Fargo launched its internal Digital Cash solution in 2021. The solution allows Wells Fargo to complete internal book transfers of cross-border payments within its global network using tokenized cash, resulting in less transfer time, costs and points of failure.

VIDEO
Wells Fargo digital cash for global payment services

Why capital markets leaders are turning to Corda for next-gen payments

With Corda, companies can custody and move digital currencies and assets directly between entities and across borders to meet their own capital and liquidity needs. Banks can also create new services to address potential revenue losses from traditional payment services.

Interoperate with on- and off-ledger payment rails

Enable atomic delivery payment and ensure transaction finality.

Delivery versus Payment (DvP)
 

Allow financial institutions and investors to carry out simultaneous exchange and settlement of tokenized digital currencies and securities assets.

Next-gen ability

Withdraw and re-issue tokens, programmable money and more.

Where do you stand? Take the quick poll.

How far are you on your payments journey?

How far are you on your payments journey?

Connect with R3

No matter where you are on your digital asset journey, R3 can help you design, develop and deploy solutions that will provide immediate value to your customers.

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