Partior and LSEG DiSH to build round-the-clock bank settlements
- —The MSB solution connects correspondent banks with digital settlements via LSEG DiSH trust accounts
- —Banks will be able to manage liquidity 24/7 without pre-funding nostro/vostro accounts
- —Industry testing is underway, with commercial bank onboarding from Q1 2027
- —J.P. Morgan (Kinexys), Deutsche Bank and Standard Chartered are taking part in the project
Why it matters: The initiative could cut costs and delays in cross-border payments, accelerating the adoption of blockchain settlements in traditional banking.
Source: PR Newswire Blockchain