MONETAGO PRODUCT SUITE
Fraud prevention, working capital management, and settlement network
In-line fraud detection and prevention for factors and financing services
SMALL BUSINESS PLATFORM
Small business tools for receivables and financing integration
Automated treasury, AP, and procurement integration
Built on a resilient application layer with distributed ledger technology, MonetaGo’s products offer a simple and highly cost effective toolset to improve the bottom line of the full supply chain and surrounding ecosystem.
MonetaGo’s trade solutions provide user-friendly web-based interfaces and rich APIs to integrate with existing supply chain financing platforms, ERPs, and TMSs, with support for multiple banking and settlement protocols.
MonetaGo works with financial institutions and central banks around the world to provide private permissioned blockchain solutions; solutions that don’t disrupt existing legacy technologies or workflows.
Launched in 2014 as a global exchange, MonetaGo is focused on building settlement and reconciliation solutions that interoperate within existing regulatory systems using fiat currencies, not cryptocurrencies.
The MonetaGo product suite is designed to improve the efficiency and security of financial products and procedures, while seamlessly connecting with existing systems and protocols.
The Reserve Bank of India (RBI) had introduced TReDS to facilitate financing trade receivables of micro, small and medium enterprises Business Standard Rajesh Bhayani India’s first blockchain-based network went live last week, when three online bill-discounting exchange platforms came together and implemented a solution for their operations. Three platforms that offer Trade Receivables Discounting System (TReDS) — Receivables Exchange[…]
Hyperledger Blog Jesse Chenard As members of Hyperledger for almost two years, we certainly believe in the promises and benefits that distributed ledger technology can bring to many different industries. In the past, we’ve read about the various proofs of concept (POCs) and pilots using Hyperledger Fabric, Hyperledger Sawtooth, and other frameworks within the Hyperledger[…]
American Banker Penny Crosman A blockchain for invoice financing that has gone into production in India may demonstrate how distributed ledger technology can be used to track digital assets and deter fraud. Three Indian factoring exchanges — RXIL, A.TReDS, and MYND Solutions — and technology company MonetaGo announced the blockchain network on Tuesday. The exchanges[…]
THE HINDU TCA Sharad Raghavan “Blockchain is not a panacea for all issues facing the banking system today,” said Jesse Chenard, Founder and CEO of Monetago, a blockchain company that works closely with financial institutions. “However, blockchain is an ideal technology to ensure proof of integrity to the data and reduce incidents of fraud.” Blockchain[…]
Economic Times Devansh Sharma Blockchain can prevent fraud Blockchain can help the financial industry ensure transparent and immutable transactions. Jesse Chenard, Founder and CEO of MonetaGo, a US-based blockchain firm says, “What happened at PNB was the result of numerous systemic failures to detect simple human malfeasance. These failures would have been easily spotted and[…]
BW Businessworld With a number of initiatives to improve supply chain management and infrastructure in motion, there is a need to digitise and rationalise supply chain management as well as bring more transparency in credits, debits, fraud management, among other relevant factors in the industry. Blockchain While cryptocurrencies have been labelled as illegal tender in[…]
CIO&LEADER By: Jesse Chenard Blockchain is one technology where we are seeing nations as potential early adopters. Thanks to the promises of the technology, regulators have taken an active interest in the technology. But they have to do more than wait and watch Are we ready for code-based regulation? – CIO&Leader An estimated two billion[…]
Blockchain Unleashed: IBM Blockchain Blog One technology has been disrupting financial institutions everywhere, and it’s called blockchain. It has been characterized as both opportunity and threat, but one thing is for sure: the distributed ledger technology behind Bitcoin isn’t something to be ignored. MonetaGo, an IBM Blockchain partner, is bringing clarity to this rapidly developing[…]
Bloomberg Visa, MonetaGo, others challenging Ripple for leading role ‘You take a bet on what you believe is stronger’: bank exec In the quest for a faster and more traceable way to transfer money internationally, banks were gravitating a few years ago to Ripple, a platform backed by Silicon Valley luminaries and global financial institutions.[…]
newsBTC The US-based blockchain company MonetaGo plans to create a blockchain without Bitcoin to help banks adopt distributed ledger technology. Read more… Bitcoin and Blockchain are synonymous to each other, for blockchain is the popular cryptocurrency’s underlying technology. After Bitcoin, many alternative cryptocurrencies have come up, which still uses a distributed ledger either similar to[…]