Citi’s Services Business Pioneers Live Transactions on Swift’s Ledger, Collaborating with FAB and OCBC to Redefine Always-On Global Payments
· Financial Post
NEW YORK -- Citi announced today that it has successfully processed live transactions on Swift’s blockchain-based ledger, marking a significant milestone in its strategy to deliver always-on, cross-currency, and interoperable payment solutions for its institutional clients. As the first U.S. bank to conduct live native ledger transactions, Citi has collaborated with First Abu Dhabi Bank (FAB) and Oversea-Chinese Banking Corporation (OCBC) on this global initiative. Read More
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