PayCommerce customers and members benefit from a risk screening solution for Anti-Money Laundering, Know Your Customer and Counter-Terrorist Financing compliance.
The PayCommerce network leverages its federated ledger to enable real-time, instant payments, clearing and settlement integration for its banking consortium. The federated ledger is a hybrid, integrating both distributed and centralized ledgers, which enable faster payments across networks via its messaging platform.
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PayCommerce is an open cross-border payments network that enables both disbursements and acceptance transactions through a single point of connectivity for its members.
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