Definition ∞ Systems and technologies designed to manage and process financial transactions for large organizations. These solutions aim to streamline payment operations, reduce costs, and improve security. In the digital asset space, they often involve blockchain technology for faster, more transparent cross-border payments.
Context ∞ The adoption of blockchain-based enterprise payment solutions is steadily progressing, driven by demand for efficiency and lower transaction fees. Regulatory frameworks and interoperability standards are critical areas of focus for wider institutional integration.
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