Introducing The Digital Interbank Network, sponsored by Tassat.
Tassat streamlines $50 trillion B2B bank payments market with blockchain-based solution on Google Cloud for excellence
in using cloud technologies.
Introducing The Digital Interbank Network, sponsored by Tassat.
With over $500 billion in secure, real-time transactions, TassatPay is the most trusted blockchain-based platform for U.S. banks.
Tassat’s private blockchain-based platform delivers instant settlement with no transaction limits and full audit capabilities, maximizing your balance sheet while minimizing counterparty risk. Tassat has added Smart Contracts and Fedwire functionality to make TassatPay a one-stop-shop for B2B Payments.
With TassatPay, every transaction is fully backed by deposits in trusted banking institutions.
With features built for specific industries, Tassat helps you deepen relationships with existing customers, and target new verticals.
Tassat provides a secure on-ramp to the digital economy, allowing you to offer your clients powerful new services.
With a clean, easy-to-use interface, Tassat makes your bank the place where commercial customers want to do business with their trading partners.
Tassat works with both state and federally regulated banks.
Tassat’s mission is to provide banks with the tools to compete and win in an increasingly digital economy.
Payments and Operational Efficiencies
Increased Access to Capital
Efficient Trade & Settlement Process
Efficient Payroll, Paycard and Claims Processing
Real-time approval
Automated claims processing
Faster retail shipments
© 2022 Tassat Group Inc.
Tassat is not a bank and does not provide deposits or other banking products. Tassat makes no representation regarding the products issued by its customers using Tassat technology.
Challenge:
Legacy rails and credit cards, have long settlement times and high fees which often led to credit issues
Opportunity:
TassatPay puts retailer’s trading partners on a single platform for faster retail shipments and supply chain efficiency
Result:
Faster retail shipments
Challenge:
Time delays in claims payment processing
Opportunity:
Clients using API capabilities to integrate with their own payments solutions resulting in processing time and labor costs savings
Result:
Automated claims processing
Challenge:
Highly inefficient and cumbersome mortgage processing
Opportunity:
Realtime approval of title for the release of escrow funds to the buyer, enabling timely closings
Result:
Real-time approval
Challenge:
Delayed receipt of raw materials as suppliers wait for legacy payments to arrive and settle
Opportunity:
TassatPay puts manufacturer’s supplier and customers on a single platform, eliminates payment delays, and simplifies the entire process
Result:
Faster access to raw materials
Challenge:
Delays in payroll, paycard and claims payments processing for employees, vendors and customers
Opportunity:
TassatPay’s API lets corporate treasury departments integrate real time payments to their own payments solutions
Result:
Efficient payroll, paycard and claims processing
Challenge:
Legacy rails and credit cards have long settlement times and high fees which often led to credit issues
Opportunity:
The intermediary turned into a customer-acquisition engine targeting the enrollment of 3500+ corporate customers and driving deposit growth
Result:
Efficient trade & settlement process
Challenge:
Unable to access capital due to delayed settlement of trades
Opportunity:
Blockchain technology allows for the minting of tokens to instantly send and settle payments between clients.
Challenge:
Need an integrated banking solution that allows for real-time settlement of trades
Opportunity:
Instant settlement drove hundreds of exchange clients to use the TassatPay Platform for capital efficiencies and efficiencies on digital asset exchanges
Result:
Payments and operational efficiencies