Liquidity management – the rise of the virtual account
Virtual accounts have now gained an amount of traction, with lots of discussion and successful case studies.
Virtual accounts have now gained an amount of traction, with lots of discussion and successful case studies.
While real-time data remains an ideal, the cash management process needs first to adapt to expanded ecosystems and networks.
Business as usual is no longer an option. You can bank on that.
EdgeVerve Systems, a product subsidiary of Infosys, has launched a blockchain framework targeted at the financial services sector. Called EdgeVerve Blockchain Framework, it is a permissioned ledger that allows banks to deploy blockchain-based services for “varied” business areas. EdgeVerve says it can “scale to the levels needed to support international, cross-border transactional business”; and therefore […]