Fnality CEO: "Banks Are Finally Warming Up to Blockchain"
Michelle Neal, CEO of Fnality International, claims big banks are increasingly embracing blockchain, particularly for global payments. Speaking at a fintech summit, Neal emphasized that real-time settlements and cost efficiencies are turning even the most conservative institutions into believers. Fnality is expected to roll out a dollar-based payments system in the U.S. early next year, a development that could challenge legacy wire services like SWIFT and Fedwire.
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