Amid much hype about how blockchain can be used to standardise know your client (KYC) processes, OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG) have teamed up with the Info-communications Media Development Authority of Singapore (IMDA) to develop a KYC consortium that leverages blockchain technology, according to a joint press release. The KYC blockchain […]
The post OCBC, HSBC, MUFG and Singaporean regulator develop KYC blockchain platform appeared first on Asian Private Banker.