2026-01-13 08:44:06

Singapore's DBS Bank officially joins JPMorgan's Correspondent Banking Network and launches Wire 365, a US dollar clearing tool. This collaboration integrates SGB's existing correspondent banking and payment system resources, leveraging its self-developed SGB Net real-time settlement network. The key point is that SGB deeply integrates traditional cross-border payment channels with its infrastructure to create an omnichannel settlement solution, providing an integrated solution for global clients' fund flow management. This model can effectively reduce clearing times and improve the efficiency of global liquidity allocation, reflecting continuous innovation by traditional financial institutions in payment infrastructure.

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BoredRiceBall

· 5h ago

Traditional finance is finally starting to seriously invest in infrastructure. This joint effort is quite interesting. Now JPM's network has expanded again, and the integration of SGB is quite clever. But how much faster can the clearing speed be? The key still depends on the actual implementation. Wire 365 sounds similar to traditional SWIFT, just a new coat of paint... In the cross-border USD sector, JPMorgan Chase always wants to get involved.

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GateUser-75ee51e7

· 5h ago

The combination of traditional finance and blockchain is the right path, unlike some projects that boast empty talk every day.

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degenonymous

· 5h ago

JPMorgan is paving the way again; traditional finance still plays around. However, I will only believe that Wire 365 can truly reduce settlement times.

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BlockchainGriller

· 5h ago

Traditional finance is still fussing over clearing times, but on our chain, transactions settle instantly. Wait, SGB Net real-time settlement? Isn't that just learning blockchain... JPMorgan is building payment infrastructure and still relying on Singapore bank networks. Looks like the big players are also getting anxious. Wire 365 sounds pretty advanced, but can its cross-border speed beat DeFi? This collaboration is basically traditional finance catching up; they've finally realized the need to speed up payments. They're still using bank networks for cross-border clearing. Should we be grateful or worried? When will SGB Net open for access? That's the real focus. The headline sounds so official, but actually, traditional finance is a bit anxious.

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CoffeeOnChain