Description
Founded in 2017, Tassat Group Inc. is a technology company that delivers private, permissioned blockchain-based solutions for financial institutions. Its flagship product, TassatPay, enables commercial banks to offer their B2B clients secure, real-time, 24/7/365 payment capabilities, having processed over $2 trillion in transactions. Tassat also launched The Digital Interbank Network™, which facilitates real-time digital payments between member banks. The company's platform aims to modernize the B2B payments landscape by increasing efficiency, reducing costs, and providing secure, instantaneous settlement. It offers features like smart contracts, multi-currency support, and integrates with core banking systems like FIS, Fiserv, and Jack Henry. Tassat, which is not a bank, operates within regulatory perimeters and successfully passed its 2024 SOC2 Type 2 Examination. The company was recognized with a 2021 Google Cloud Customer Award and was the US FinTech Award winner for Payments Tech in 2023.