Blockchain investment. (Source: Shutterstock)
Denver-based fintech CUSO CULedger announced it has expanded a partnership with an enterprise software firm that is supplying a blockchain platform for its new EFT product.
CULedger said the move will integrate its upcoming electronic funds transfer product, CU Pay, with open-source settlement capabilities on the Corda blockchain platform from enterprise blockchain software firm R3. That in turn will reduce cybersecurity and fraud risks, as well as streamline processes, cut costs and improve the member experience, the organizations said.
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