JOIN THE DIGITAL INTERBANK NETWORK

The Digital Interbank Network is the gateway to a fully digital banking system – it is the future of banking.

Instantaneous Payments • Private Permissioned Blockchain–Based Network
Governed By Member Banks • Supports U.S. Banks

The Digital Interbank Network is the world's first blockchain-based, real-time B2B payments network operating entirely within the existing regulatory framework of the U.S. banking system.

The Network is comprised only of FDIC insured banks transacting real-time payments and performing other banking services between their commercial customers – 24 hours a day, 365 days a year, via private permissioned blockchain.

The Network enables banks to offer a virtually unlimited range of secure, real-time services to their customers, including instantaneous blockchain-based payments, Fedwire integration and Smart Contracts.

Instant Payments

Instantaneous payments 24/7/365 between participating banks with no limits on transaction sizes or volumes.

Private Permissioned Network

Secure real-time B2B payments across Member Banks. Private permissioned blockchain is accessible only to entities allowed to view the data and transactions.

Bank Compliance-Focused

All Member Banks have established identities and utilize banks’ existing know-your-customer (KYC) and anti-money laundering (AML) processes.

Governed by Member Banks

The Network is governed by Member Banks ensuring banks remain at the leading edge of innovation in banking and financial services. Innovative use cases and new applications can be deployed and adopted swiftly and efficiently.

Compatible & Customizable

The Network’s technology is compatible with legacy banking systems, allowing Member Banks to give clients access to the latest innovations without having to redesign or fully upgrade their systems. Fedwire integration available to Member Banks. Smart contracts and other financial innovations can be implemented swiftly and cost-effectively.

Supports U.S. Banks

Banks are the backbone of the U.S Economy. The Network operates for the benefit of US regulated banks. The Network allows banks to target both local and large vertical markets.

Contact us to learn about being a Member Bank in The Digital Interbank Network.

Benefits to Member Banks Include:

Secure, real-time payments, 24 hours a day, seven days a week, 365 days a year with NO Network-imposed limits on transaction sizes or volumes.

The Network enables member banks to expand tech offerings and stay competitive.

The Network’s technology is compatible with legacy banking systems, allowing member banks to give clients access to the latest innovations without having to redesign or fully upgrade their systems.

Private permissioned blockchain is secure – data is not stored on a public blockchain.

The Network allows member banks to target both local and large vertical markets.

Each transfer on the Network is tied 1:1 to USD in segregated accounts at FDIC insured banks.

Company Overview

In 2019 Tassat launched the world’s first blockchain-based real-time B2B payments platform, TassatPay.

TASSAT: THE COMPANY

Founded in 2017
Based in New York’s Flatiron “tech” district
Won 2021 Google Cloud Award for Innovation in Financial Services

TASSATPAY: THE PLATFORM

Initial launch in 2019
Over $500 Billion in real-time transactions to date
Tassat has added Smart Contracts and Fedwire functionality to make TassatPay a one-stop-shop for B2B Payments.

THE DIGITAL INTERBANK NETWORK

Governed by Member Banks
Instant payments between member banks
Innovation and opportunity in new vertical use cases

News

02Feb

Tassat Generates Record Interest From More than 200 Banks in the Digital Interbank…

Tassat Group Inc., sponsor of the Digital Interbank Network (The Network), today announced that they are in discussions with more than…

29Dec

U.S. Banks Give Multibank Blockchains Another Try

About five years ago, U.S. banks began talking to organizations like R3, Ripple and Digital Asset Holdings and the Enterprise Ethereum…

20Dec

Digital Interbank Network Executes Real-Time Payment On Blockchain

Western Alliance Bank transferred $1.1 million digital dollars to Coastal Community Bank in an inaugural demonstration last week of a new…

Videos

Introductory Video to TassatPay & The Digital Interbank Network

Tassat Group Inc. unveiled the nation’s first real-time Digital Interbank Network (“The Network”) and the technology infrastructure behind it with a live demonstration attended by more than 100 banks from around the country on December 16, 2021. See highlights from the event here.

Quick Links

The Network

The Digital Interbank Network is the gateway to a fully digital banking system – it is the future of banking.

The Digital Interbank Network is not a bank and does not provide deposits or other banking products. The Digital Interbank Network makes no representation regarding the products issued by its customers using The Network’s technology.” Copyright © 2022. All rights reserved.