Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has entered into a strategic agreement with Partior to explore participation in their blockchain-based platform for clearing and settlement, a collaboration that will offer Emirates NBD’s clients 24x7 availability, and faster, more seamless payment flows.
Partior's Head of Product, Atul Bhuchar discusses how Partior is spearheading seamless, real-time cross-border and domestic multi-currency payments among banks, by integrating DeFi principles like programmability, atomic settlement, and interoperability.
Today, Partior, the global unified ledger market infrastructure for clearing and settlement, released its Transforming Financial Market Infrastructure paper, outlining its approach to addressing challenges inherent in the current payment infrastructure, and redefining cross-border money movements as we know it.
Blockchain-powered global ledger, Partior, ranks among the top five finalists for the G20 TechSprint Challenge for cross-border payments, in the emerging market and developing economies (EMDE) currencies category.