Standard Chartered to invest in Partior.

Standard Chartered, a multinational bank with operations in consumer, corporate and institutional banking, and treasury services, agreed to invest in Partior, a global network for value exchange. Financial terms were not disclosed. "Our investment in Partior will allow us to deliver the speed, efficiency and visibility of domestic settlement systems to cross-border transactions, simplifying and improving the experience for our clients. As we navigate the increasingly connected payments universe, we recognise that a concerted effort is needed. To that end, we are delighted to collaborate with industry partners who share our commitment to deliver the G20 aspirations of enhancing cross-border transactions for the benefit of citizens and economies worldwide," Philip Panaino, Standard Chartered Global Head of Cash, Transaction Banking.