December 2021 – Alternatives to traditional banks

Show me the money

Show me the money Four members of the Real-Time Nostro Account Information Steering Group — Bank of America, JPMorgan Chase, Mizuho Corporate Bank, and the Royal Bank of Scotland — worked together to refine the value proposition for the implementation of SwiftNet Cash Reporting. [STAR ZOOM IN] BOBBY ‘Put Your Guard Up and Bounce’ (SMTM3…

Swift explores expansion of network into the digital asset market

Swift explores expansion of network into the digital asset market Banking co-operative Swift is to explore how it can support interoperability in the development of the tokenised asset market, working in conjunction with Clearstream, Northern Trust, SETL and other market participants. XRP: Swift Officially SURRENDERED To Ripple! For the past few weeks, we have been…

Swift builds proof-of-concept for blockchain interoperability

Swift builds proof-of-concept for blockchain interoperability Interbank co-operative Swift is working on a pilot project with Chainlink to provide network interoperability across multiple blockchain platforms. Getting Started – Building a POC Quincy Jones conversation, XRP, XDC, AGLO, XLM, Bitcoin, Flare, Corda, ISO 20022 & Smart Contracts The Crypto Eri channel is a place to learn…

JPMorgan to pursue M&A strategy in face of Big Tech competition

JPMorgan to pursue M&A strategy in face of Big Tech competition JPMorgan chief Jamie Dimon says the bank will pursue an aggressive M&A strategy to see off the threats posed to its business by Big Tech giants and smaller fintechs. J.P. Morgan Asset Management: Risks, regulation and due diligence Build stronger cash portfolios and learn…

JP Morgan invests in Second Life `s payment platform Tilia

JP Morgan invests in Second Life's payment platform Tilia JP Morgan has made a strategic investment in Tilia, the payments platform initially built to power the economy of online virtual world Second Life. Second Life University Livestream – Linden Exchange Tips with Spots Linden Second Life University is a project that aims to teach people…

HSBC joins European quantum consortium

HSBC joins European quantum consortium HSBC has joined a consortium of 12 European companies and research laboratories supporting a project to uncover potential applications of quantum computing. Euro zone faces political risk, but so does everywhere else: HSBC | Squawk Box Europe David Bloom, global head of foreign exchange strategy at HSBC, speaks about Italian…

Fintech is here to stay, says JPMorgan chief Jamie Dimon

Fintech is here to stay, says JPMorgan chief Jamie Dimon Fintech companies are set to win significant market share from banks says JPMorgan's Chase chief Jamie Dimon, who laments the regulatory constraints that hobble banks as they face up to the threat from Big Tech competitors. Jamie Dimon wins Fintech leader of the year |…

JPMorgan sets up blockchain unit as JPM Coin gets commercial outing

JPMorgan sets up blockchain unit as JPM Coin gets commercial outing With its JPM Coin digital currency now being used by a client commercially, JPMorgan Chase has created a new unit to house its blockchain and crypto efforts. blockchain digital identity solution – Onyx (JP Morgan) Proof of Concept #blockchain #jpmorgan #digitalidentity JP Morgan Cryptocurrency…