Arf won the PAY360 Award for its use of blockchain in financial services
ZUG, Switzerland, 7 October 2022 /PRNewswire/ — The VQF-regulated global settlement banking platform won the Silver PAY360 Award in the “Best Use of Crypto and/or Blockchain in Financial Services” category.
The PAY360 winners were announced at the awards ceremony in Londonon October 5. Arf, the banking platform for cross-border settlements, received the silver award in the category “Best Use of Crypto and/or Blockchain in Financial Services”.
The PAY360 Awards is the year’s most prestigious event in the UK payments industry. Hosted by The Payments Association, the largest payments community, it celebrates innovation and collaboration by recognizing companies that have made significant advances in payments.
“We are honored by this award given by the leaders of the UK payments industry,” said Arf CEO Ali Erhat Nalbant.
“Arf’s technology uses blockchain and certified digital assets to provide real-time cross-border settlement with zero upfront funding. For licensed money services companies and financial institutions around the world, we are solving the decades-long problems of cross-border payments. We are pleased to be recognized as one of the leading the players in the industry.”
By bringing the best of Web3 technologies and traditional finance together, Arf is positioned at the center of the development of cross-border payments. The firm will continue to develop cutting-edge technology to provide global treasury management and working capital lines of credit for financial institutions and licensed money services businesses worldwide.
Arf recently received approval from the Financial Services Standard Association (VQF) through its unit in Zug, Switzerland. The company also announced the launch of Inherited credit limit in April, which gives MSB immediate access to transactional working capital credits, and allows any corridor to be refinanced in real time.
About Arf
Inheritance is a global settlement banking platform that provides real-time fiat-to-fiat cross-border settlement, stablecoin-based lines of credit and global treasury management for financial institutions and licensed money services businesses (MSBs).
Media contact: [email protected]
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