BNP Paribas Pilots Real-Time Corporate Payments on the Blockchain for Large Corporate Clients
BNP Paribas, one of the world’s top banks, announced that it has processed real-time payments for two of its longstanding corporate clients, Amcor, a global leader in packaging solutions, and Panini Group, an international leader in collectables and trading cards using blockchain technology. BNP Paribas has successfully processed and cleared payments in....
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Bank-to-bank Blockchain payment firsts keep coming with news that France’s BNP Paribas successfully sent multiple transactions this week. Acting on behalf of Italian client Panini Group and Australian company Amcor, the bank sent real-time Blockchain-based payments from bank accounts located in Germany, the United Kingdom and the Netherlands. BNP wants ‘real-time cash management’. “The payments were fully processed and cleared in a few minutes highlighting the real potential of this innovative technology which eliminates delays, unexpected fees and processing errors, paving the way for....