Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees. The companies are exploring how to move away from paper-based bank guarantees to cut processing time and the risk of fraud, Australia and New Zealand Banking Group, Westpac Banking Corp and Commonwealth Bank of Australia said in a statement. The US government said on Wednesday it was reviewing licence requests from US c ....
04 Jul 2019
Australian banks to digitize bank guarantees, US Gov reviewing license requests for Huawei, Broadcom to acquire Symantec
Corero Network Security plc (CNS:LON), 9.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 0 | Intercede Group plc (IGP:LON), 110 | NCC Group plc (NCC:LON), 125 | Sophos Group (SOPH:LON), 0 | TechFinancials, Inc. (TECH:PLU), 0.3 | Aferian plc (AFRN:LON), 11.8 | IQE plc (IQE:LON), 20.9 | Shearwater Group plc (SWG:LON), 49.0
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Australian banks to digitize bank guarantees, US Gov reviewing license requests for Huawei, Broadcom to acquire Symantec
Corero Network Security plc (CNS:LON), 9.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 0 | Intercede Group plc (IGP:LON), 110 | NCC Group plc (NCC:LON), 125 | Sophos Group (SOPH:LON), 0 | TechFinancials, Inc. (TECH:PLU), 0.3 | Aferian plc (AFRN:LON), 11.8 | IQE plc (IQE:LON), 20.9 | Shearwater Group plc (SWG:LON), 49.0
- Published:
04 Jul 2019 -
Author:
Kartik Swaminathan -
Pages:
5
Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees. The companies are exploring how to move away from paper-based bank guarantees to cut processing time and the risk of fraud, Australia and New Zealand Banking Group, Westpac Banking Corp and Commonwealth Bank of Australia said in a statement. The US government said on Wednesday it was reviewing licence requests from US c ....