WESTERN ALLIANCE BANCORPORATION American Banker, a leading industry information resource, talked with Western Alliance Bank CFO Dale Gibbons for a story Dec. 29, 2021, on the rise of banks and blockchains.
About the many benefits for business banking customers, including added security, Gibbons said to American Banker Technology Editor Penny Crossman, "You'll be able to transfer funds to anyone else within the network 24 hours a day, 365 days a year, and not have to wait for the banks to be open…Funds can be made readily available to them on a Saturday."
This conversation followed the bank's earlier announcement it will implement a fully integrated digital banking platform for customers, which will include a digital token powered by the TassatPay Network and a private Ethereum blockchain.
Western Alliance Bank will launch the new platform for customers later this year.
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Western Alliance Bancorporation published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 15:47:02 UTC.
