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JPMorgan Chase and National Bank of Canada Complete Blockchain Test

Bank Innovation

and the National Bank of Canada (NBC) announced today that they tested a debt insurance simulation on a new blockchain platform. JPMorgan Chase & Co.

National 316
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 Samsung Eyes Blockchain Smartphone?

PYMNTS

In the world of blockchain phones, another name may crowd the pantheon. Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones.

Samsung 137
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Large Corporates Find Value In Bank-FinTech Connectivity Too

PYMNTS

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. In this week’s roundup of the latest B2B applications of bank-FinTech collaboration and open banking initiatives, PYMNTS looks at new data integration models.

Fintech 227
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China To Widen Scope Of Blockchain Cross-Border Platform

PYMNTS

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State Administration of Foreign Exchange (SAFE), as Reuters reported. His remarks triggered more businesses to explore blockchain technology. The BSN is made up of 14 members.

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Why Blockchain Holds Promise For Cross-Border Payments

PYMNTS

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. Canadian payments network Interac has experimented with blockchain for consumer payments.

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Bitcoin Daily: Former BitGrail Head Faces Fraud Charges; Exmo Reports Cyberattack; VBT Bank Offers Blockchain-Backed Bank Guarantees

PYMNTS

“It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. 16), in the first blockchain-supported bank guarantee in Russia. Meanwhile, U.K.

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Banks, FinTechs Dive Into New Payment Rails For B2B

PYMNTS

Treasury management technology provider BELLIN has revealed it is the first treasury management solution provider to secure the Compatible Application SWIFT gpi for Corporates label. As FIs dabble in blockchain-based payment technologies, financial services technology firm Apifiny is also seeking to drive adoption of blockchain.

Payments 187