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Wire · technology

South Korea's largest bank to launch payment service on JPMorgan's Kinexys

26 July 2026 · By · Wire by Fusion42

Published

26 July 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

South Korea

◆ Source

Read at lcx.com →

◆ Verified

Fusion42 · 26 July 2026 · Fusion42 review

KB Kookmin Bank, South Korea's largest lender, will launch a blockchain-based cross-border payment service on JPMorgan's Kinexys network in August, initially supporting US dollar transfers across 10 countries and integrating with SWIFT for near-instant settlement.

This Wire brief sits within Fusion42's coverage of Fintech, and 9 sources have reported it between 26 Jul 2026 and 27 Jul 2026.

◆ ◆ The Wire takeaway

JPMorgan's Kinexys just proved it can onboard a tier-one bank; if you build trade finance, supply chain payment, or FX settlement tools, you now have a live institutional rail to plug into—and a real customer proves the market exists.

◆ Coverage

9 sources · first reported 26 Jul 2026 · latest 27 Jul 2026

◆ Topics

Fintechcross-border-paymentsblockchain-railsinstitutional-adoptionjpmorgan-kinexystrade-finance