2018 Model Bank Winner for Commercial Payments: Axis Bank

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23 April 2018
Alenka Grealish

Abstract

Celent recognizes Axis Bank as the 2018 Model Bank: Commercial Payments for its Remittances Powered by Blockchain-Based Technology initiative.

Axis teamed with Ripple to be the first mover in India to offer real-time payments enabled by blockchain. The result is real-time, cross-border retail and commercial remittances with timing and pricing transparency.

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Insight details

Sector
Banking, Corporate Banking, Retail Banking
Content Type
Reports
Focus
Blockchain, Digital, Industry Trends, Innovation & Emerging Technology
Location
Asia-Pacific, EMEA, LATAM, North America