Tag "J.P. Morgan"
KASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes
Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s
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Wealth Management Trends Transforming the Industry in 2024
Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. As a result, wealth preservation became the most crucial goal for high-net-worth individual (HNWI) investors
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DBS Completes Intraday Repo Transaction on J.P. Morgan’s Blockchain-Based Network
DBS announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s blockchain based network, Onyx Digital Assets. The network supports instant settlements and maturity of the transactions within hours instead of the
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J.P. Morgan to Acquire Renovite to Bolster Its Payments Modernisation Strategy
J.P. Morgan has signed an agreement to acquire payments technology company Renovite to bolster the firm’s payments modernisation strategy and support its journey to the cloud. Upon closing of the transaction, Renovite will become part of J.P. Morgan Payments, which
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DBS, J.P. Morgan and Temasek to Develop a Blockchain-Based Interbank Payments Platform
DBS, J.P. Morgan and Temasek announced that they will jointly develop a blockchain-based platform for payments, trade and foreign exchange settlement. The company named Partior aims to use blockchain solutions to enable next generation, programmable value transfer for participating banks
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J. P. Morgan Launches Indonesia Virtual Banks
J.P. Morgan has launched its virtual branch in Indonesia, the second location globally where it has been rolled out. Offered via the J.P. Morgan ACCESS® OnlineSM, the virtual branch is a fully integrated platform that provides a comprehensive suite of banking
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8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific
The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship
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