Payments

Tassat Group intros multi-currency solution for banks

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June 1, 2023

Tasat Group Inc., a digital payments solutions provider for banks, has introduced multi-currency functionality on its platform. With this function, banks will be able to create and hold wallets to handle transactions of multiple currencies, starting with the G7 countries of Canada, France, Germany, Italy, Japan, U.K. and the U.S., according to a press release.

The multi-currency feature can work with any core banking system including Jack Henry, Fiserv and FIS.

"Adding multi-currency wallets to the Tassat platform paves the way for our banking partners to offer their clients a safe, low-cost way to execute real-time payments in multiple fiat currencies," Kevin R. Greene, chairman and CEO of Tassat Group, said in the release. "Commercial banking clients in the U.S. don't conduct their business solely in one currency, and we are very pleased to offer this innovation to equip commercial banks with the power to build global use cases for their B2B customers."