Signature Bank Adds Fedwire Feature to Its Signet™ Digital Payments Platform, Allowing Instant Transfers Through Its Application Programming Interface

Author's Avatar
Apr 12, 2022

Signature+Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the addition of a new feature allowing its clients to initiate real-time Fedwire transactions through its blockchain-based digital payments platform, Signet%26trade%3B, directly through its Application Programming Interface (API). The addition of this Fedwire feature enables Signet clients to execute both Signet blockchain and traditional Fedwire payments through one API, providing clients with greater flexibility in automating treasury management workflows via Signature Bank’s integrated payments service.