Notabene Launches Revert for Safe Crypto Transaction Reversals
New infrastructure for cryptocurrency transactions has been launched by Notabene, a company that specializes in global money movement. The platform is called Revert and it allows institutions to safely control, authorize, and track returns of settled crypto transactions.
This capability has never existed before in blockchain payments, even when regulation requires it. Until now, post-settlement workflows in crypto have been manual, fragmented, and high-risk.
The Notabene Network, which connects over 2,200 regulated institutions across more than 100 jurisdictions, has processed over $2 trillion in compliant transaction volume. The launch of Revert coincides with tightening return-of-funds obligations across jurisdictions, including the EU Transfer of Funds Regulation.