Onyx news and trends

This Week in Web3: Usability, Utility and Oversight 
Blockchain // April 10, 2024

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed reality (MR), augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) initiatives — is...

Capturing the $250 Trillion Cross-Border Payments Opportunity 
Cross-border Payments // April 09, 2024

With every innovation, the world gets a little bit smaller and interconnected.  And with the news Monday (April 8) that Kyriba and Onyx, a J.P. Morgan business unit, are collaborating to better streamline cross-border payments, global expansion and payments innovation are top of mind for businesses of all shapes, sizes and...

Kyriba and JPMorgan’s Onyx Collaborate on Blockchain-Based X-Border Payments
Partnerships // April 08, 2024

Kyriba and J.P. Morgan’s blockchain business unit, Onyx, are collaborating to streamline cross-border payments. Kyriba, a provider of liquidity performance solutions, will use Onyx’s digital currency and blockchain technology for cross-border payments, the companies said in a Monday (April 8) press release. “Our comprehensive partner ecosystem drives innovation and...

JPMorgan Announces First Client Trade on Tokenized Network
Blockchain // October 11, 2023

J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had facilitated its first collateral settlement for a live client over-the-counter (OTC) derivative transaction. “BlackRock and Barclays are now live on TCN, an application...

Interviews & Exclusives
Cloud Payments, API Economy Drives Business Advantage For Banks

December 18, 2020
If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises (B2B). And in an On The Agenda discussion with Karen Webster, Deepak Gupta, global head of Payments-as-a-Service (PaaS) at cloud payment processor Volante, […]

Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

November 04, 2020
From concept to pilot to corporate payment game changer. Umar Farooq, CEO of J.P. Morgan’s Onyx, told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows...

Quick Reads
Kyriba and JPMorgan’s Onyx Collaborate on Blockchain-Based X-Border Payments

April 08, 2024
Kyriba and J.P. Morgan’s blockchain business unit, Onyx, are collaborating to streamline cross-border payments. Kyriba, a provider of liquidity performance solutions, will use Onyx’s digital currency and blockchain technology for cross-border payments, the companies said in a Monday (April 8) press release. “Our comprehensive partner ecosystem drives innovation and helps customers outperform their strategic goals by providing implementation expertise, […]

JPMorgan Announces First Client Trade on Tokenized Network

October 11, 2023
J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had facilitated its first collateral settlement...

Bahrain Central Bank Completes JPM Coin System Test

January 05, 2022
The Central Bank of Bahrain has completed a test of the JPM Coin with Onyx by J.P. Morgan, which allowed Bank ABC to launch real-time payment for Aluminium Bahrain (ALBA)...

State Bank Of India Joins Liink, JPMorgan’s Blockchain Network

February 23, 2021
The State Bank of India (SBI) is joining Liink, J.P. Morgan’s peer-to-peer blockchain-based data network, according to a report from The Economic Times. The partnership will help SBI increase the...