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Impel Introduces SWIFT, SEPA Alternative via XDC Network

Words by CrowdFund Insider

Avg. 1 Min read

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Impel and the XDC Network (XinFin) recently announced the launch of Impel, an alternative solutions platform for quickly and securely “sending ISO 20022-compliant financial messages.”

It includes the option “to add $XDC as collateral for instant settlement and a bridge to the R3 Corda platform for future-facing banks and Fintechs.”

Impel was created as “a cost-effective alternative to legacy financial messaging solutions, like SWIFT and SEPA, providing an interoperable standard for financial data exchange while also streamlining settlement and reconciliation.” - Troy S. Wood, CEO and Founder of Impel

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