Samsung SDS, a subsidiary of Samsung Group focused on providing information technology and artificial intelligence (AI) solutions to its clients, has joined forces with Credorax, an Israel-based financial technology firm. The memorandum of understanding will enable both firms to develop a blockchain-powered remittance and account reconciliation platform, reports The Korea Herald on March 4, 2020.

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Source and More information: Samsung SDS, Credorax Join Forces for Cross Border Payments Initiative 

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