Story thread · 4 reports / 3 sources

24/7 Money Means Treasury Needs to Figure Out Its Weekend Plans

pymnts.com · 10dShare

The banking day is disappearing faster than the treasury operating model built around it. Citi on Thursday (Sept. 3) said it processed live U.S. dollar transactions with First Abu Dhabi Bank and OCBC using Swift’s blockchain-based ledger, extending an industry push toward cross-border payments that can operate continuously rather than stopping at traditional banking cutoffs. […] The post 24/7 Money Means Treasury Needs to Figure Out Its Weekend Plans appeared first on PYMNTS.com .

First report: Citi’s Services Business Pioneers Live Transactions on Swift’s Ledger, Collaborating with FAB and OCBC to Redefine Always-On Global Payments — financialpost.com, 12d