In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance.
Published on March 19, the report analyzed a number of financial and tech organizations worldwide, including Australia and New Zealand Banking Group, Bank of America (NYSE:BAC), Citi Bank, HSBC, Ripple, Visa (NYSE:V), Fidelity Investments and CME Group (NASDAQ:CME).