Tassat
Tassat is a New York-based technology company that provides blockchain-based solutions for commercial banks, enabling real-time, secure payments.
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Tassat Group Inc. is a New York-based technology company specializing in private permissioned blockchain-based solutions for commercial banks. Their flagship product, TassatPay, enables banks to provide their customers with instantaneous, secure, real-time payments 24/7/365. TassatPay has become a leading platform in the banking industry for B2B customers, having processed nearly $500 billion in secure transactions. Tassat focuses on providing a secure and compliant platform for B2B payments, addressing concerns about open public blockchains in regulated environments.
Tassat's commitment to innovation is evident in their addition of Smart Contracts and Fedwire functionality to TassatPay, making it a comprehensive solution for B2B payments. The company has been recognized for their work, winning a Google Cloud Customer Award for Innovation in Financial Services in 2021. Tassat continues to develop solutions that utilize the benefits of blockchain technology while adhering to industry regulations, positioning them as a key player in the future of financial services.
Mission
Tassat is a leading provider of private permissioned blockchain-based solutions for commercial banks, specifically focusing on enabling real-time, secure B2B payments. Their mission is to empower banks and businesses with the tools and technology to compete and thrive in the increasingly digital economy by providing instantaneous settlements, enhanced efficiency, and a platform that seamlessly integrates with existing banking infrastructure.
Culture
Tassat promotes a culture of innovation, driven by a world-class team with deep knowledge of core banking systems. They are committed to security and compliance, as demonstrated by their successful completion of the SOC2 Type 2 Examination. This focus on innovation and excellence is further evident in their pursuit of real-time payment solutions that adhere to corporate ESG targets and their partnerships with established institutions. Tassat appears to value collaboration and teamwork, working with both state and federally regulated banks to build a more efficient and secure future for financial services.
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