A record of trust.
Xattestation makes one signed record of a payment instruction after it is formed and before any money moves. The record can be checked offline, with public keys we provide.
See how it works- Instruction formed
- Screened and signed — or stoppedThe record is made here
- Released to the rail
- Settled
The record exists before the money moves.
Today, the proof comes after the money.
Each bank on a payment’s route screens it for itself, and the evidence stays inside that bank. When a correspondent, an auditor or a supervisor queries a payment, the answer is assembled after the fact from internal records.
Why now
- Payments carry more data
- ISO 20022 and the revised FATF Recommendation 16 put fuller, structured information about who pays and who is paid into cross-border payments.
- Sanctions compliance: the issue most often cited
- In the Financial Stability Board’s report of December 2024 on aligning data frameworks for cross-border payments, complying with sanctions obligations is the issue most frequently cited as affecting the cost and speed of those payments.
- Supervisors ask for evidence
- A bank that relies on a check must show it, to its correspondents, its auditors and its supervisor, sometimes years later. Today that evidence is rebuilt from internal records.
- Nothing travels
- Each later bank on the route checks blind to the earlier check. No evidence of the check goes with the payment, and no one outside the bank can verify it. That is the gap Xattestation is built to fill.
Your node is your own node.
In production, Xattestation is designed to run in each jurisdiction as a company of that jurisdiction, on its own systems in that country and under its law. The payment data a node screens stays in its country; between nodes only public keys travel, so a record made in one country can be verified in another. Where it runs.
One record. Three readers.
- The bank that makes it
- Evidence that the check was done, made before release and kept with the payment file. Attestation is what the bank pays for. For banks and payment providers.
- The correspondent banks that receive it
- Each correspondent and intermediary bank on the route, and any auditor, verifies the record on receipt, free, and sees the earlier check before making its own. For correspondent banks.
- The supervisor
- Verifies any record free, offline and without the payment; and, across every institution it oversees, can see that screening kept pace with the lists. For supervisors and regulators.
- How it worksOne check before release. A signed record — or a stop.
- For banksWhat you get, what it costs, and testing with a first institution.
- For correspondent banksEvidence from each respondent, on every payment, verified free.
- For supervisorsVerify any record free, without the payment.
- PrinciplesFive things Xattestation never does.
- SecurityBuilt to be checked decades from now.
- CompanyWhy we exist, and where we are.