The network will service commercial banks, central banks, loan associations, credit unions, brokerage firms and other financial institutions. Further, the network will also be able to conduct “regional real-time gross settlement,” the announcement added.
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Apollo’s Knox Wire Will Be Ready for Early 2022 Debut
Apollo Fintech announced its Knox Wire network will debut on Saturday, Jan. 15, and will offer same-day, cross-border payments for approximately 20,000 institutions. So reports PYMNTS.
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