London-based fintech group Quant has launched a programmable money language in what it claims is an industry-first for banking and finance.
Called Quant Flow, the programmable currency infrastructure was developed in response to market demands for smarter money, particularly amid competition from digital assets including stablecoins and CBDCs.
The new tool will allow banks to build in intelligent automation features at the account level, embedding rules to trigger actions based on certain conditions.
“Money today may look digital on the surface, but beneath the apps, most financial systems still rely on decades-old static rails,” said Gilbert Verdian, chief executive of Quant.
“Quant Flow changes that. It brings intelligence to money itself – turning it into a programmable instrument embedded with code, not spreadsheets. This gives banks fintech-level agility without compromising on resilience, compliance or core stability.”
The company said features of the tool include automated currency conversions, tax payments, loan repayments triggered by market conditions and other set rules.
“The world is digital—yet money remains stuck in the past,” commented David Yates, former president of Mastercard, Western Union and First Data and Vocalink chair.
“Quant Flow redefines how money works—it’s intelligent, automated and efficient. Banks can deliver features that traditional systems can’t match, and businesses can transform their financial operations by transforming simple transactions into next-generation workflows. Programmable money is the next generation of finance – and it’s here today.”
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