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KB Kookmin Taps JPMorgan’s Kinexys as South Korea’s Largest Bank Pushes Instant Dollar Payments

KB Kookmin Bank, South Korea’s largest lender by assets, will launch a corporate cross-border payment service in August built on Kinexys, JPMorgan’s permissioned blockchain platform. The move makes KB Kookmin the first South Korean financial institution to settle commercial dollar payments on the network. What Was Announced Exactly KB Kookmin Bank, a unit of KB…

KB Kookmin Bank, South Korea’s largest lender by assets, will launch a corporate cross-border payment service in August built on Kinexys, JPMorgan’s permissioned blockchain platform. The move makes KB Kookmin the first South Korean financial institution to settle commercial dollar payments on the network. What Was Announced Exactly KB Kookmin Bank, a unit of KB […]

Source: https://news.bitcoin.com/kb-kookmin-jpmorgan-kinexys-cross-border-payments/