Izzi, Inc
IZZI, Inc was founded to advance Project IZZI: building the next-generation global payment infrastructure. The Project IZZI vision is global adoption of next-generation payment infrastructure that: • Delivers safe, efficient, real-time, seamless, 24×7, account-to-account payments domestically, across borders, and across currencies. • Leverages the time-tested strengths of international banking while promoting competition among bank and nonbank payment service providers. • Meets the G20 call for faster, cheaper, more transparent, and more inclusive cross-border payment services, including remittances. Provides the payment foundation for a unified, global network of interoperable financial ecosystems that can continually expand and innovate. • Promotes financial inclusion by creating payment services and connected accounts that can be offered to the unserved and the underserved at low‑to-no cost. The Project IZZI solution is patented interbank payment infrastructure with the following core elements and processes: • Tokenized central bank money • Tokenized commercial bank money • Tokenized correspondent banking • Real-time single-currency payments, domestically and across borders • Real-time cross-currency payments at real-time foreign exchange rates • Real-time enforcement of all applicable KYC/AML/CFT requirements Payment system operators and bank and nonbank payment service providers from around the world are invited to join Project IZZI and to participate in the development and testing of the patented IZZI interbank payment infrastructure for potential adoption as the next-generation version of their current systems.
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