Interbank

Italy will Use Blockchain and Fintech for Interbank Checks
Jun 20, 2019 at 11:36
News
Italy will Use Blockchain and Fintech for Interbank Checks
The update of the agreement for the maintenance of joint accounts between banking institutions regarding the interbank check was finally approved. This allows in perspective the running of the check process in a new way, i.e. using the technology based on distributed registers, the so-called blockchain, starting from March 2020. The financial technology brings new step for banks and other institutions in Italy.
Italian Bank Project Perseveres on Blockchain Tech Effort
Oct 03, 2018 at 09:19
News
Italian Bank Project Perseveres on Blockchain Tech Effort
A team of 14 major Italian banks has successfully passed the first phase of its Blockchain technology system test with the assistance of ABI Lab, the tech Lab supported by the Italian Banking Association (ABI).
14 Italian Banks Test Blockchain Tech for Interbank Reconciliations
Jun 10, 2018 at 13:48
News
14 Italian Banks Test Blockchain Tech for Interbank Reconciliations
The Banking Association of Italy (ABI) officially launched a Blockchain pilot to carry out a test on the technology for interbank reconciliations. ABI lab, the consortium’s technological laboratory will conduct out the trial and more 14 local banks will be initially involved in this process. The whole group will exploit the Cords platform that was developed by R3.
South Africa’s Central Bank Flourished in Blockchain Payment Trail
Jun 08, 2018 at 11:05
News
South Africa’s Central Bank Flourished in Blockchain Payment Trail
The Central Bank of South Africa disclosed flabbergasting outcomes on Tuesday for a particular trial of its blockchain-based system for interbank clearance and settlement.
South Africa Considers JP Morgan’s Blockchain Tech to Incorporate in Banks
Feb 15, 2018 at 15:06
News
South Africa Considers JP Morgan’s Blockchain Tech to Incorporate in Banks
The South African Reserve Bank announced on February 13 that it is working with the Brooklyn-based Ethereum startup ConsenSys on a trial program using JP Morgan’s open source blockchain platform Quorum. It will help to deal with interbank clearing and settlement.
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