KB Kookmin Bank Launches Cross-Border Payment Service on JPMorgan's Kinexys, Covering 10 Countries in August

According to ChainCatcher, KB Kookmin Bank announced it will launch a cross-border enterprise payment service based on JPMorgan's blockchain payment network Kinexys in August, becoming the first South Korean financial institution to apply the network for import-export settlement. The service will initially support U.S. dollar transfers across 10 countries including the U.S., Saudi Arabia, Qatar, and the UAE.
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