UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx
First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security settlement applications.
First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security settlement applications.
The JPMorgan CEO Jamie Dimon noted that the firm is experimenting with artificial intelligence in trading and research, with the AI "doing all the equity hedging" for the financial institution.
Chase UK will decline any payment it thinks is related to digital assets starting October 16 to protect consumers, the bank said in an email to its clients.
The Monetary Authority of Singapore, along with notable financial firms and the BIS, conclude their exploration of blockchain interoperability in three use cases: OTC forex transactions, trade finance, and OTC-structured notes.
JPMorgan launches an ambitious dollar pilot project in India's GIFT City with local financial institutions, an initiative utilizing blockchain to improve the country's interbank transactions.
JPMorgan's blockchain experiment will be restricted to banks in India's GIFT City, an economic free trade zone that competes with international financial centers like Abu Dhabi Global Market.
The Payments Innovation Lab will be manned by a team of 50 persons versed in the areas of cryptography, artificial intelligence (AI), and DLT.
Acknowledging the infinite possibilities in Web3, JPMorgan is venturing into the digital space to boost its footprint in the fintech industry while widening its reach by servicing digital asset clients.
Multinational investment bank JPMorgan recently released a report on the “Opportunities in the Metaverse,” believing that there is over $1 trillion of value to be unlocked in the space.
Given the chance to show off its capabilities free of industry white noise and gossip, BSV attracts developers and large volume data users many of them refugees from other blockchains.
Leaders from JPMorgan, Mastercard, FIS Global, and Tassat recently shared their thoughts on using blockchain and digital currencies for payments.
South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.