Kalypton participated in the Faster Payments Task Force
The Faster Payments Task Force, a broad and inclusive group of stakeholders in the US payments system has just published part 2 of its final report here.
Kalypton is pleased to have participated in the Faster Payments Task Force. Part Two of the Final Report provides insights from 16 submitted solution proposals, reflects on several foundational issues that are important to address, and presents the task force’s goals and recommendations for implementing faster payments in the United States:
- https://fedpaymentsimprovement.org/ to the launch of the Task Force report
- https://fasterpaymentstaskforce.org/ to the Task Force itself
- http://fasterpaymentstaskforce.org/wp-content/uploads/faster-payments-task-force-final-report-part-two.pdf to the report itself
- https://fasterpaymentstaskforce.org/wp-content/uploads/kalypton-vs.pdf to our proposal
Award Winning Technology
The Financial Services industry is witnessing exponential growth in FinTech investments. Having recently won the 3D Fintech Challenge 2016 our Tereon platform is uniquely positioned to improve customer interactions and profitability while reducing operational risk.
Our technology enables significant cost reduction, by allowing Financial Services companies to dis-intermediate its settlement and administration processes and to mitigate the industries non-compliance fines.
We enable our customers to increase market share through real-time, ACID consistent transactions.
Tereon’s design comes from our CEO, Lars Davies, who co-wrote papers in 1995 as a legal academic on digital cash and electronic payment systems at the Centre for Commercial Law Studies. He founded Kalypton to create real world solutions to regulatory and technological challenges across the board.
Our Intellectual Property and associated Tereon platform has evolved since 2010 to finally, comprehensively address key challenges:
Tereon, takes its name from the koine Greek verb for protecting or safeguarding value, a word that is also the root of the word for Treasure. The root of the name Tereon aptly describes the design ethos behind our revolutionary solution.