This past week, several collaborations between large tech firms, traditional FIs and FinTech upstarts stood out, with some blockchain projects thrown in for good measure. IBM unveiled a blockchain-based payments system, which will enable cross-border transactions. That system is called World Wire and will be...
July 04, 2019
ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. While bank guarantees have primarily been issued manually and on paper, digitizing the process reduces the risk […]
