First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times or events, FAB said in a Tuesday (Sept. 24) press release. “This successful pilot opens...
You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the U.S. dollar, which have been gaining traction in recent years — in large part because, by being tied to fiat...
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...
Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions using an “If-This-Then-That” interface, providing greater control and flexibility over their accounts. According to a press release, the programmability allows...
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 tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took place against the backdrop where, late last month, J.P. Morgan […]
February 15, 2019
There was a time when JPMorgan Chase (JPMC) CEO Jamie Dimon didn’t have much in the way of positive things to say about bitcoin. “The currency isn’t going to work,” the executive...
September 25, 2024
First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times or events, FAB said in a Tuesday (Sept. 24) press release. “This successful pilot opens up the possibility of a dynamic and automated funding and […]
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...
November 10, 2023
Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions using an “If-This-Then-That” interface, providing...
October 26, 2023
J.P. Morgan said its digital token now handles $1 billion in daily transactions. “JPM Coin gets transacted on a daily basis mostly in U.S. dollars, but we again intend to...