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Digital Transformation of Ledgers Powers FinTechs and Money Mobility

  • Ledgers are being transformed with the use of advanced technologies, such as the cloud and artificial intelligence.
  • Blockchain has decentralized record keeping and improved automation in ledger-based activities, enabling new efficiencies in money movement.
  • FinTechs are helping banks overcome the limitations of legacy systems by offering new payment rails and services.
  • Outsourcing ledger functions allows FinTechs to avoid the challenges of tracking money mobility, ensuring real-time updates and reconciliation.

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