Apollo Fintech recently announced its bank wire network, Knox Wire, will debut in January 2022. The network is anticipated to process same-day cross-border payments for more than 20,000 financial institutions including central banks, commercial banks, credit unions, investment companies, insurance companies, and other financial institutions. The bank wire network will use bi-directional messaging and anti-money laundering technology to reduce average international wait times of 3-5 days down to seconds.
Apollo Fintech Rolls Out Cross-Border Payment Network
