Fintech Agency Billon Companions With FIS to Discover Blockchain Tech Options

UK fintech agency Billon has signed a letter of intent (LOI) with worldwide monetary companies tech supplier Constancy Nationwide Data Companies Inc. (FIS) to combine blockchain tech options, in accordance with a July 31 press launch.

Billon refers to itself as a “civilized blockchain” firm, that means that it implements blockchain to in the end course of fiat currencies. FIS is an Florida-based worldwide firm with greater than 55,000 workers positioned throughout greater than 130 international locations, specializing in banking software program and fee processing.

FIS will work with Billon to evaluate using Billon’s “distributed structure for doc and id administration” for the FIS worldwide fintech suite and “discover joint product improvement and gross sales alternatives for its portfolio of company blockchain options.”

In response to the press launch, Billon and FIS may also consider the potential to work collectively on company and SME funds, in addition to micropayments for smartphones and different digital units.

Earlier this spring, Billion had partnered with the biggest credit score bureau in Central Europe, the Polish Credit score Workplace (BIK), so as to combine blockchain tech for buyer knowledge storage.

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