EBANX Speeds Cross-Border Fund Transfers With Kinexys
RWA Signal Insight
InfrastructureEBANX has successfully integrated Kinexys by J.P. Morgan to overhaul its internal cross-border treasury operations across emerging markets. By replacing traditional correspondent banking infrastructure with this blockchain-based payment solution, EBANX reduced internal fund transfer times from over 24 hours to mere minutes. This transition allows for 24/7, near-real-time settlement between the company's internal accounts, effectively eliminating reliance on corridor-specific processing windows and local cut-off times. The shift provides EBANX with enhanced liquidity management, as the company no longer needs to maintain conservative prefunding buffers in its Singapore accounts. This implementation demonstrates the practical utility of blockchain technology in solving institutional-grade settlement inefficiencies within the global payments sector. By achieving greater transparency and predictability, EBANX is better positioned to scale its services for global merchants operating in Latin America, Africa, and Asia. Ultimately, this partnership highlights how institutional blockchain infrastructure can modernize legacy financial systems to support the demands of a high-velocity digital economy.
Key points
- EBANX reduced internal fund transfer times from 24+ hours to minutes using Kinexys.
- Kinexys enables 24/7 near-real-time cross-border settlement for institutional treasury operations.
- The integration eliminates reliance on traditional correspondent banking cut-off windows and intermediary workflows.
- Improved liquidity management allows EBANX to optimize capital buffers across 20+ global markets.
Background
Kinexys, formerly known as Onyx, is J.P. Morgan’s blockchain-based business unit designed to facilitate institutional-grade, near-instantaneous cross-border payments and settlement. It operates within a regulated, private environment to provide 24/7 liquidity management for global enterprises. EBANX is a global payments platform that connects consumers in emerging markets to international digital brands through localized payment processing.