Emirates NBD Partners with J.P. Morgan to Revolutionize Cross-Border Payments

Emirates NBD partners with Kinexys Liink to enhance security and efficiency in payments. The collaboration uses blockchain for real-time account validation and fewer payment delays. Emirates NBD pioneers blockchain adoption, improving cross-border payment accuracy and speed. Emirates NBD, a popular banking group in the MENAT region, has disclosed a partnership with J.P. Morgan’s innovative platform Kinexys Liink, a peer-to-peer data-sharing network. By utilizing the ‘Confirm’ application, Emirates NBD aims to provide more secure cross-border payments that are efficient in today’s rapidly changing world. This will considerably enhance the current payment efficiencies for Accounts in the UAE on the Kinexys Liink network. Kinexys Liink is another blockchain solution that provides a means to verify customer account details worldwide before making any payments. As a result of this partnership, Emirates NBD will facilitate online account validation for all accounts from the UAE. This will help eliminate unnecessary expenses due to delays and the returns that accompany incorrect or outdated account information. It will also help manage operational costs and improve … The post Emirates NBD Partners with J.P. Morgan to Revolutionize Cross-Border Payments appeared first on Coin Edition .

Source: Coin Edition