Temasek, DBS, JP Morgan to launch global payments platform on blockchain

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DBS, JP Morgan, and Temasek on Wednesday announced plans to develop an open industry platform for payments, trade, and foreign exchange settlement through a newly established technology firm. Called Partior, it aims to disrupt the traditional cross-border payments “hub and spoke” model, which is typically costly and lengthy due to multiple validations of payment details by banks. … Visit Website
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