Oct 16 (Reuters) - JPMorgan Chase & Co (NYSE:JPM) JPM.N said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada RY.TO and Australia and New Zealand Banking Group ANZ.AX .
The Interbank Information Network will allow payments to reach beneficiaries faster with fewer steps and better security, JPMorgan said on Monday. (http://reut.rs/2ylXai4)