Core Banking Solution in 4 Weeks

One of the world’s largest financial consulting firms set out to innovate in the core banking space with blockchain technologies. 3 engineers, 4 weeks, and 1 Stellar integration later, Deloitte had a prototype that reduced transaction costs by 40%. Each transaction resolved in 5 seconds.

The prototype is intended for banking clients outside of North America. Deloitte partner Eric Piscini said, “The client was amazed by how fast and how cheap those transactions were.”

Watch the Deloitte demo

Remittances with Competitive Prices and Higher Margins

Tempo facilitates remittances from Europe to the world, a $150 billion market. Using the Stellar network, Tempo can power 600,000 transactions for $.01 in fees.

With a network of 190,000 locations in 120 countries, Tempo and their cross-border payments enable customers to pay remotely for services such as water, phone, electricity, and health insurance.

Tempo’s mission is to make transfer rates more affordable and bolster transparency in the remittance arena. With Stellar, they’re one step closer.

Read about Tempo

Connecting 5 Telcos in Nigeria

As a licensed mobile money operator, Parkway uses the Stellar network to connect Nigeria’s 5 major telcos, enabling customers of different MM services to send money to one another.

Parkway develops financial technology for 3,000 clients across Africa, including Ecobank, Wema Bank, and Diamond Bank. Their end-to-end financial solutions are used in 30 countries in sectors such as healthcare, education, and energy.