China Construction Bank Partners IBM for Blockchain ‘Bancassurance’ Solution

China Construction Bank is working with IBM to develop blockchain-enabled “bancassurance” platform for its retail and commercial banking arm in Hong Kong; A ‘bancassurance’ endeavor typically sees sales of insurance products through banks; the blockchain platform, which is expected to launch in Q3 2017, is currently in its testing phase between China Construction Bank (Asia) and its insurance providers and their clients. Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!