Wire · technology
KB Kookmin Bank to Launch JPMorgan Blockchain Payment Service
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Fusion42 · 27 July 2026 · Fusion42 review
KB Kookmin Bank will launch JPMorgan's Kinexys blockchain payment service for importers and exporters across 10 countries, starting with USD remittances through its South Korean and Singapore branches. The service processes cross-border payments in near real-time on a 24/7 basis and integrates with SWIFT, marking the first deployment of Kinexys by a South Korean bank for trade payments.
This Wire brief sits within Fusion42's coverage of Banking Infrastructure, and 9 sources have reported it between 26 Jul 2026 and 27 Jul 2026.
◆ ◆ The Wire takeaway
A major bank just proved 24/7 blockchain settlement works at scale for trade payments—if you're selling settlement speed, compliance, or FX matching to Asia-Pacific trade finance, you now have a proven customer archetype and a use case JPMorgan won't build alone. Call the next 50 trade finance teams in India, Thailand, and the UAE who suddenly have access to same-day USD.
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9 sources · first reported 26 Jul 2026 · latest 27 Jul 2026
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