Finding better solutions to cross-border payments.

Credit union technology group CULedger has partnered with tech company Swirlds on a new system for cross-border payments, according to an announcement from the two organizations.

CULedger said it will use the company’s Hedera hashgraph platform and public ledger as part of the MyCUID global identity project to build a comprehensive system for identity and global payments. The idea is to help reduce the cost and complexity of making cross-border payments, it noted.

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Tina Orem

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